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Only one minivan in Chrysler's future, no subcompacts for U.S. market

The Chrysler Group will offer just one minivan in the future--the Chrysler Town & Country--as part of a plan to end duplication in dealer showrooms and give each of its brands a strong and distinctive lineup. Under the plan, the Dodge Grand Caravan minivan and Dodge Avenger mid-sized sedan will be replaced by a single crossover in 2013, Chrysler CEO Sergio Marchionne told Automotive News. The Chrysler brand will get a replacement for the 200 sedan when the Avenger, its sibling, is replaced.

Teen Driving: Gen Y delays earning licenses

From the environmentalists to the socially connected, trends indicate teens aren't in as much of a rush to earn a driver's license. In fact, almost half of 18- to 24-year-olds surveyed said they would pick Web access over their own car if they had to choose. Experts say social media sites in particular play a role by connecting teens without requiring them to leave their house.

Fiat, Magna, investment firm are three finalists to buy Opel

Italian automaker Fiat, Canadian parts maker Magna International and Belgian investment firm RHJ International look to be the final three bidders for General Motors' Opel subsidiary. Fiat has confirmed that it put in a bid for Opel. Final bids for Opel were due Wednesday evening.