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Chrysler, CAW reach tentative contract deal

The Canadian Auto Workers tentatively agreed tonight to new concessions that will save the struggling automaker $240 million annually and help the carmaker to try to avoid a bankruptcy filing, CAW President Ken Lewenza said at a news conference. In exchange, the CAW got Chrysler and potential partner Fiat SpA to agree to keep its two Chrysler assembly plants open even if bankruptcy is unavoidable, Lewenza said. General Motors and Ford Motor Co., which signed new CAW agreements earlier, have indicated their desire to get the same concessions as those negotiated with Chrysler, Lewenza said.

Audi Allroad Shooting Brake unveiled at 2014 Detroit Motor Show

This is Audi’s Allroad Shooting Brake show car, unveiled on the eve of the Detroit Motor Show. It's a reminder that Audi is gunning for sales from Mercedes-Benz and BMW - and a warning that there isn’t a niche it isn’t prepared to plug. The tri-motor, all-wheel drive hybrid, complete with 400hp and 480lb ft of torque, promises to be a fast, usable crossover when it appears on sale – and Audi is hinting that might not be too far away.

Ferrari 430 Scuderia (2007): first official pictures

By George Barrow First Official Pictures 19 July 2007 05:10 Supercar High-performance track focused Ferraris are back on the menu in Maranello. Ferrari announced its return to the rich blokes' track day market today with this road legal F430. Due to be unveiled at the Frankfurt Motor Show by Ferrari golden boy Michael Schumacher, the most hardcore F430 yet, named the Scuderia, or 'team' (a reference to the company's racing heritage), is likely to cost around £175,000, £45k more than the standard car.