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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.

Peugeot teases Onyx supercar concept

Peugeot has teased a supercar concept dubbed the Onyx ahead of its world debut at this month's Paris motor show. The Onyx will be further developing the supercar concepts that we've seen the automaker unveil in the past – such as the SR1 convertible and the EX1 electric racer – and is likely to indicate Peugeot's future design language as well as that of the RCZ's successor. From the teaser images we can see that the Onyx has the classic supercar wedge shape with a cab-forward design and a rear spoiler that rises at high speeds.

Kia at the London motor show 2008

Kia Soul Burner: it's a lightly modded version of Kia's new junior Qashqai coming in later 2008 By Gavin Green Motor Shows 23 July 2008 01:32 Expansionist Kia shows no sign of slowing down its forays into the European car market – and the London show provides more evidence of what's to come from the Koreans. What’s new on Kia's London motor show stand?  Nothing. But the Kia people are proffering photos of the new production Soul, set to make its show debut at Paris in autumn 2008.