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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.

Alfa Romeo Giulietta (2010) first official pictures: it's the new 147

Alfa has revived an historic badge for its all-new 147 replacement, seen here in these first official pictures issued today. Following a last-minute decision to ditch the name Milano – precipitated by angry Milanese workers irritated at Alfa naming the car after the town despite having shifted operations to Turin – the Golf fighter will be called Giulietta. Using a new platform that will underpin the next Fiat Brava, the Giulietta uses a mix of steel and aluminium clothed in bodywork that borrows cues from the 8C supercar – sort of – including sweptback headlights and a narrow glasshouse.

Aston Martin opens new Design Center

Aston Martin has bought itself an early Christmas present – or rather it has built itself one. The new design studio – the first ever for Aston Martin – was inaugurated last week at a huge gala event presided over by the sports car maker's CEO, Dr. Ulrich Bez.