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Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.

VW further lifts veil on new midsize sedan

Volkswagen of America Inc. has released new teaser images of the mid-sized sedan slated for assembly in Chattanooga, Tenn. The German design influence is apparent in the three renderings, which show front, side and rear views of the coming sedan, which is larger than the Passat.

Pricing announced for 2013 Volkswagen CC R-Line

Pricing for the 2013 Volkswagen CC R-Line four-door will start at $33,020—about $2,000 more than the base-level CC Sport. The newly created R-Line trim package adds 18-inch aluminum-alloy wheels; a modified front fascia that features more aggressive styling cues; stainless-steel scuff plates; and R-Line badges to the base-level CC. VW's RNS 315 navigation system also comes standard on R-Line vehicles.