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Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

Michelin Announces Finalists for 2011 Challenge Design Competition

The following designers' vehicle concepts will be displayed in the Michelin Challenge Design exhibit from January 10-23, 2011: Colin Pan, China Sang-June Lee, Kyung-Kuk Kim, Seoung-Bin Lee, South Korea 2:1 Industrial Design Team, Brazil Ramon Ramirez, Mexico Carlos Arturo Torres, Colombia Hui Wang, China Sergio Andres Ortiz, Colombia Lukas Kuba, Czech Republic Gunwoong Kim & Suji Kim, South Korea Attila Tari, Hungary Sadegh Samakoush Darounkolayi, Afghanistan Kyu-Hyun Lee, Sol Lee, Hae-Won Jo, South Korea David Cardoso Loureiro, Belgium Ralph Tayler-Webb, United Kingdom Antti Eskeli, Finland Kyoung Soo Na, South Korea Federico Beltran, Ivan Orozco, Edmundo Platt, Mexico Eduard Gray, Sweden Cristian Armando Polanco Sosa, Guatemala Artem Afanasev & Aleksey Kazakov , Russia Shinsuke Aizawa, Japan Jordie Lewis, Canada Xiaowu Huang, China Zhi Min Lin, China Pai-Ching Hu, Taiwan Peixin Li, China Mike Simonian, Maaike Evers, Laure Garreau, USA Gabriel Wartofsky, USA Dario Alejandro Narvaez, Colombia Andrey Alekseev, Russia Marko Lukovic, Serbia Mohammad Ghezel, Iran Hugo Carlos Fernandez, Spain Thierry Dumaine, France We'll bring you more on the finalists' work when we see them on display at the NAIAS next week. But in the meantime, if you'd like to have a chance to see your design shown at the NAIAS next year, enter the 2012 Michelin Challenge Design competition. Pre-registration for the 2012 competition is open until 4 March 2011. Visit the competition website by clicking on the link below: Michelin Challenge Design 2012 Related Articles: Michelin launches 2012 Challenge Design competition Four CCS students win awards in 22nd annual Michelin/CCS competition

Porsche Boxster E (2011): prototype Boxster EV

Porsche recently rolled out the first of three Boxster E electric vehicles, to take part in the 'Electromobility Region Stuttgart' local government initiative in Germany. The Boxster E is powered by two electric motors, capable of a peak power output of 180kW. Energy is stored in a 29kWh battery pack.  Not with the Boxster E. Three electric Boxsters are being built as part of a programme sponsored by the Baden-Wurttemberg state government (Porsche's home state in Germany) and WRS, the Stuttgart Region Economic Development Corporation.  Porsche's hometown of Stuttgart is one of eight model regions participating in a federal pilot programme sponsored by the Minitsry of Transport, Building and Urban Affairs to develop EVs and their supporting infrastructure.  The three Boxster E prototypes will take part in the programme, acting as mobile laboratories for testing EV usage and planning for EVs in urban infrastructure.  CAR's view? We reckon this electric Boxster E is much cooler than your usual EV council van.