Chrysler Wants Another $1.5 Billion to Give Out More Auto Loans

Chrysler Chief Executive Bob Nardelli is asking for another $1.5 billion from the US government to fund the company's financial arm, which would allow for more loans to individuals that haven't been able to qualify.

Due to the credit crunch it has become increasingly harder for individuals to receive financing, since banks are now requiring better credit scores and higher down payments.

In January the US government gave $1.5 billion to Chrysler Financial, which allowed Chrysler to subsidize zero percent interest loans on new vehicles.

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Detroit 09': Chevy Spark and Orlando Headed to the US

GM originally stated that the production version of the Chevy Beat and Chevy Orlando would not be coming to the US, but things change. With a lack of small cars in the US, it makes sense to bring the two vehicles to the US.

The production version of the Beat, officially now dubbed the Spark and the Orlando will come to the US in 2011. The Chevy Spark is going to have its official debut at the 2009 Geneva Motor Show. Sales of the Spark in Europe will begin in the first-quarter of 2010.

The one photo we have of the Spark was apparently leaked. Expect more details soon.

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2009 Pontiac G8 GXP Starts at $39,995

Pontiac has announced the pricing for the 2009 Pontiac G8 GXP. Pricing starts at $39,995.

The G8 GXP is powered by a 6.2L V8 that puts out 415 horsepower and 415 lb-ft. of torque. It reaches 0-60 mph in under 5 seconds and comes standard with a six-speed automatic transmission. A six-speed manual is available.

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Times are Tough...Ford Reconsiders Selling Volvo

Times are tough for the Big 3 and each automaker is trying to figure out ways to raise revenue. Ford announced today that the automaker is reevaluating its options for the Volvo brand.

Ford is being forced to reconsider selling Volvo dues to the significant economic decline in the last few months. Ford says it's going to be a few months before Ford makes a decision about Volvo. In the meantime Ford is going to work with Volvo to allow it to operate on a more stand-alone basis.

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6,000 2010 Chevy Camaros Have Been Ordered...84% are V8 models

Chevy has already taken 6,000 orders and counting for the 2010 Camaro that is set to be released early next spring.

It's only expected that Chevy would already have that many orders considering how long consumers have been waiting for it to be released. What is interesting is that most of the orders are for the V8 SS Camaros. 84 percent of the orders are for the SS Camaros, while the lesser powered V6 Camaros have received significantly less orders. The base Camaro LS has only received 2 percent of all the orders. Of course most of the initial orders are from enthusiasts that definitely wouldn't settle for the lesser powered model. It's not known how long it will take GM to fill the orders once production starts since GM may end up producing more V6 Camaros and V8 powered models.

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2009 Cadillac CTS-V Starts at $59,995

Cadillac has announced the pricing for the 556 horsepower Cadillac CTS-V.

The 2009 CTS-V will start at $59,995. The car is powered by a supercharged 6.2L V8 mated to either a 6-speed automatic or 6-speed manual transmission. The CTS-V also comes standard with a Bose audio system with a 40-gig hard drive. 14-way adjustable Recaro performance seats, "Ultra-View" sunroof and automatic transmission with steering wheel mounted shift buttons are optional.

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Ford's new MyKey System Gives Parents Control of Their Kids Cars

Ford has announced the MyKey system that helps parents ensure that teens drive safer.

Ford's new MyKey system allows parents to limit the speed and audio volume of their teen's car to make them drive safer. The system will debut as standard equipment on the 2010 Ford Focus and will eventually be added to other Ford, Lincoln and Mercury models.

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2011 Chevy Volt Unofficially Unveiled!

The first official photos of the 2011 Chevy Volt aren't expected until next week to celebrate GM's 100th anniversary, but thanks to The Car Connection we have some shots of the car now.

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2009 Pontiac Solstice Coupe Could Have up to 300 HP to go After the Z

Currently Pontiac claims that the Pontiac Solstice GXP is only capable of putting out 260 horsepower, but according to sources it could be closer to 300 horsepower.

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Chevy Corvette 427 Limited Edition Z06 Unveiled

Chevy has unveiled the Corvette 427 Limited Edition Z06, alimited edition model that pays homage to the Stingray models of the 1960's.

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GM Increases Prices on Most of its Models

GM announced today that it is going to increase the prices on most of its 2008 models to make up for the rising cost of steel and other commodities.

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All-New 2008 Ford Focus Gets a Few More Tweaks Due to Consumer Backlash

It is very rare for an automaker to make revisions to a model right before it is introduced because of consumer backlash, but that is what Ford is doing with the all-new Ford Focus.

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Chrysler Announces New Electric/ Hybrid Division (ENVI)

It seems like every automaker is jumping on the "green" bandwagon. Chrysler has announced the creation of a new engineering division that is specifically focused on hybrids and electric vehicles.

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What Were the Top 20 Best Selling Vehicles in the US Through July?

Reuters has posted a list of the 20 top-selling vehicles in the U.S. through July of 2007. There aren't really any big surprises here.

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