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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.

BMW M3 DTM Concept Car (2011) first official pictures

Andy Priaulx's guide to 2012's BMW M3 DTM racer This is BMW’s M3 DTM Concept Car, a taster of the near-500bhp racer that will compete in the 2012 DTM (German Touring Car) series. Unveiled at BMW Welt in Munich, it signals BMW's return to the DTM after a two-decade absence; between 1987 and 1992, the BMW M3 won 40 races and had over 150 podium finishes in Germany's premier tin-top series. Does this new BMW M3 DTM car bear any resemblance to a road-going M3?

SEMA adds four to hall of fame

The Specialty Equipment Market Association is adding four names to its hall of fame: Gray Baskerville, Art Chrisman, Chris Economaki and John Towle. The SEMA Hall of Fame recognizes those who have especially helped foster the growth of the special-equipment automotive industry. -- Baskerville was senior editor of Hot Rod magazine for 30 years, though his writing is what really secured his ticket to the hall.