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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.

Geneva 2011 - Best in Show

Unlike Detroit, which generated a lot of hype for what turned out to be not as much new product as we'd hoped, the Geneva show was a true return to form, with all new vehicles occupying various different market segments making their debuts. But Geneva wouldn't be complete without the seemingly never-ending stream of concept cars filling the halls of the Palexpo. Every year the Swiss show's neutrality is the perfect breeding ground for the French, Italian and German automakers to strut their future visions for mobility about.

2012 BMW M5 to get 4WD? +M5 Concept Video

Will the 2012 M5 get four wheel drive? Now there’s something to cogitate on for BMW M5 fruitcakes. Autocar are reading a comment by BMW’s head of R&D, Albert Biermann, that “…there will be some all-wheel-drive surprises on M cars in the future.” as evidence that BMW are going to do the almost unthinkable and offer 4WD as an option on the 2012 BMW M5.