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UAW, Fiat likely to hold key stakes in new Chrysler

The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. automaker wins the concessions requested by President Barack Obama's automotive task force by April 30, a source close to negotiations told Automotive News today.

Volvo V70

Volvo has just released details of the all-new Volvo V70 wagon. With its more athletic lines, fast windscreen angle, blacked-out side pillars and C30-inspired taillights, the V70's style is said to hint at its newfound on-road dynamism. The rear end features an unusual design where the tailgate takes the upper area of lamps with it when opened, giving the advantage of making the trunk aperture larger than before.

Citroen DS5 – First video tease?

Citroen DS5 Hybrid diesel electric – is the video below the tease for the concept? Despite our original scepticism (grumpy old man syndrome) that Citroen were intent on wrecking their history by cashing in on the DS tag – and badge engineering prosaic product with an iconic badge – we’ve been pretty much won over by the first offering from the upmarket DS range – the Citroen DS3. So we were happy to see Citroen pushing forward with the next in line- the DS4 -with its DS4 / High Rider Concept which we saw at Geneva earlier this year.