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UAW, Fiat likely to hold key stakes in new Chrysler

The UAW and Italy's Fiat S.p.A. could be Chrysler LLC's leading shareholders if the struggling U.S. automaker wins the concessions requested by President Barack Obama's automotive task force by April 30, a source close to negotiations told Automotive News today.

Ferrari Exhibit: Cavallino Rampante

On the weekend of October 11, the San Diego Automotive Museum celebrated its 20th Anniversary by hosting a ribbon-cutting ceremony for a special exhibit, Ferrari: Cavallino Rampante - Italy's Prancing Horse. The Saturday evening event was the grand opening reception for 15 rare Ferraris on exhibit, joined by designs created by retired automobile designers and local high school students.  The extravagant evening celebration also served as a finale of two-day Ferrari Road Rally event, inviting owners of Ferraris from various eras to show their cars - which ranged from a 1967 275 GTB and 1968 Dino to a 360 Challenge Stradale. Over a dozen Ferraris parked in front of the museum served as a pleasant prelude to some of marque's memorable examples displayed inside: a collection of rare Ferraris that includes a 1952 212 Europa, 1955 250 Boano Prototipo, 1956 250 GT Zagato, 1957 250 Testarossa, 1959 410 Super America and 1965 275 GTB/Competizione.

2014 Kia Forte trims, slims, adds FlexSteer

The all-new 2014 Kia Forte debuted at the LA Auto Show in November, and it will hit dealerships in the first quarter of this year. Powertrains and trims are consolidated, the interior is updated and the small sedan will now feature something called FlexSteer, which adjusts the weight of the wheel from comfort to normal to sport. Equipment on the second-generation sedan will rival that of almost any of the luxury brands, even in base trim.