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Chrysler's survival boils down to a deal with Fiat

For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker. Should the two companies fail to prove their plan will work, the U.S.

UPDATED: Honda hints at new European advanced design studio

On the eve of the 2011 Tokyo Motor Show, Honda Design's Creative Director, Toshinobu Minami, announced that the company is looking to once again open a design facility in Europe. The announcement came during a presentation at the R&D Center in Waco, just outside the Japanese capital and, while not confirmed, Minami-san strongly hinted that the UK would be a likely candidate to play host to Honda's revitalized European design operations. He cited the country's existing manufacturing and administration facilities, as well as a wealth of new talent from the Royal College of Art in particular.

Chevrolet Volt, Sonic Super Bowl ads hit the Web

Chevrolet released its Super Bowl ads featuring the Volt with some intergalactic visitors and the Sonic with insects. In the Volt ad, despite the owner's best efforts to explain the concept of a gas/electric hybrid, the aliens are distracted and take an interest in the owner's wife when she comes out of the house. For the Sonic ad, titled “Joy,” for once bugs on the grille of a car isn't a bad thing.