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Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

Video: Classic Car TV goes to the Monterey Motorsports Reunion, rides in a classic T-Bird

Our friends at Hagerty are back with the fourth episode of Hagerty Classic Car TV. This time, host Matt Richmond takes us to California for the Monterey Motorsports Reunion at and takes a spin in a classic Ford Thunderbird. News coverage includes the Fall Auburn Auction, where some rare vehicles sold for less than expected; Texas speed limits, and the Freddie Mercury Edition Lotus Evora.

Is the 2013 Aston Martin Rapide getting more power and a facelift?

The rumours are growing that Aston Martin are giving the Rapide a makeover for 2013 with more power and cosmetic tweaks. The rumours have been bubbling around for a while that Aston Martin are planning a more powerful Rapide for 2013, perhaps the Rapide S. But that rumour seems to be only partly true, as it looks like the Rapide is going to get more power – and a bit of a cosmetic tweak – but as a facelift and upgrade for the existing Rapide rather than a new Rapide S.