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UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.

Geneva Show 2014: High Performance XF Wagon Roars Into Geneva

ORIGINALLY launched as a luxurious but sensible premium estate car, it was always a matter of when not if the stylish XF Sportbrake would receive Jaguar’s famed high performance makeover. The Brit car maker has exceeded expectations, as the newly christened XFR-S Sportbrake packs a considerable 542 horsepower from a supercharged 5.0-litre V8 petrol engine. Tweaks to the regular car’s suspension, steering and transmission help it reach 60mph from rest in a blistering 4.6 seconds and top out at an electronically limited 186mph.

Ram, large SUVs boost Chrysler's May sales 11 percent

Rising demand for Ram pickups, large SUVs and cars helped Chrysler Group's sales increase 11 percent in May. The company's car sales rose 16 percent while light truck deliveries advanced 9 percent, Chrysler said Monday. It marked the 38th consecutive month that the automaker's U.S.