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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.

Global GM chassis starts testing

By Phil McNamara Motor Industry 10 August 2006 09:26 General Motors' new Epsilon II chassis – to be employed around the world by Vauxhall/Opel, Saab, Chevrolet and other brands – has hit the road for testing. Pictured here beneath the next Chevrolet Malibu, the modular front- and all-wheel drive architecture will also underpin the Vauxhall Vectra and Saab's new 9-3 and 9-5. GM is grouping its core models to save cash, and harmonising production processes so that plants can churn out multiple models according to demand.

Ferrari 458 (which MAY be Eric Clapton’s & ISN’T a V12) on video

Ferrari 458 Special for Eric Clapton? A Ferrari 458 by Ferrari Special Projects which has been in H R Owen in London and may be Eric Clapton’s – and isn’t a V12 – caught on video. The interwebs have been ablaze the last few days with endless conjecture about a Ferrari 458 Italia said to sport a V12 engine and built by Ferrari ‘Special Projects’ for one Eric Patrick Clapton Esq.