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Chevy to sponsor 2011 Woodward Dream Cruise

UPDATED: One of the most iconic American brands has signed on to present one of America's greatest celebrations of sheetmetal. Chevrolet and Detroit's Woodward Dream Cruise announced on Thursday afternoon a sponsorship agreement expected to run for at least three years, starting this summer. The deal is for more than $1 million and covers support services, cleanup and police.

Daimler, Renault are set to share vehicle platforms and engines

Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.

Jaguar C-X75 Concept Photo Gallery

Jaguar C-X75 Tonight in Paris Jaguar has revealed the C-X75 Concept, a car so glorious and innovative it could very well have stolen the Paris Motor Show even before it officially starts. Not designed to be a production car – but if they don’t do something close to it they should be shot – the Jaguar C-X75 offers what could be considered the ultimate range-extender hybrid. With a pair of mini gas turbines charging a bank of plug-in Li-Ion batteries which in turn power a quartet of electric motors, the C-X75 produces a massive 780bhp, offers a 0-60mph of just over 3 seconds and a top speed of over 200mph.