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Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

The cars coming in 2014 that YOU can buy

Motor show concepts are all well and good for a hit of glitz and glamour, but the 2013 Frankfurt Motor Show is also offering some brilliant production car debuts along the way – the cars coming in 2014 that you can buy. These vehicles are the cars that could be your next set of wheels – real-world cars that are relevant, interesting and will be with us next year. Please click on the image above to find out which 10 production cars made our list…

New BMW Z4 sDrive35is (2010 /2011) revealed. UPDATE: +Video

The BMW Z4 sDrive35is will debut at Detroit in January 2010 When the latest model BMW Z4 was revealed BMW made it clear that this time round there would be no Z4M. But that doesn’t mean that there won’t be any quick Z4s. Oh, no.