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First Sight: Ferrari 599 GTB

Ferrari have announced the first details of their latest V12 berlinetta at the North American International Auto Show - the new 599 GTB. The new model is a direct replacement for the 575M Maranello and represents the latest interpretation of a theme that has seen such classics as the 250 GT, the 275 GTB, and the 365 GTB4 (Daytona).   According to Ferrari, the new car is a concentration of their most innovative and technologically advanced engineering solutions applied to a mid-front engined two-seater coup?.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.

Autoweek in review: Ford aims at the Toyota Prius, the new Malibu Eco goes for a drive, and the Audi R8 gets updated.

Take a look at the 2013 Chevrolet Malibu Eco, as Autoweek editors spill the beans on the new sedan. Has Chevrolet finally figured out a decent interior? How about the fuel mileage?