Acrua ZDX Concept - Click above for a high-res gallery

Not long after the President concluded his televised press conference today, Chrysler released a statement saying that it and Fiat have already reached an "agreement on a framework of a global alliance".

If you happen to be in the multitude headed to a theater near you on the 3rd of April to catch the latest installment of the Fast and the Furious franchise, keep your eyes peeled for another cameo from our battery-powered buddy acquaintance, the Tesla Roa

Challenger SE Rallye – Click above for high-res image gallery

2009 Formula 1 Australian Grand Prix – Click above for high-res gallery

Click on the pic above for a hi-res Model S gallery

President Obama has just finished his press conference on the government's determination of the viability of General Motors and Chrysler, and the gist is that both automakers have failed to convince the feds that their business plans deserve further investment. Obama and his task force will give GM enough working capital to survive another 60 days and prove its viability, though no d

2010 Audi RS5 - Click above for a high-res gallery

The short version of President Obama's speech today regarding the U.S. auto industry is this: there's only a little more time for GM and Chrysler to get their act together. First off, GM CEO Rick Wagoner got booted and was replaced by Fritz Henderson. Michigan governor Jennifer Granholm said Wagoner was a "sacrificial lamb" (it's still unclear why he was forced out while bank CEOs get to stay on, but that's another issue).