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Chrysler, CAW reach tentative contract deal

The Canadian Auto Workers tentatively agreed tonight to new concessions that will save the struggling automaker $240 million annually and help the carmaker to try to avoid a bankruptcy filing, CAW President Ken Lewenza said at a news conference. In exchange, the CAW got Chrysler and potential partner Fiat SpA to agree to keep its two Chrysler assembly plants open even if bankruptcy is unavoidable, Lewenza said. General Motors and Ford Motor Co., which signed new CAW agreements earlier, have indicated their desire to get the same concessions as those negotiated with Chrysler, Lewenza said.

Confirmed: Lexus RC (IS Coupe) arriving at Tokyo Motor Show – RC F V8 planned too

The Lexus RS Coupe, previewed by the LF-CC (pictured) arrives in November The concept version of the new Lexus IS was the LF-CC Concept, which was shown at the Paris Motor Show last year. But the LF-CC was actually a two-door coupe, not a four door saloon, so it seemed highly likely there was an IS Coupe in the works that would arrive sooner rather than later. And it will, at the Tokyo Motor Show in November.

Subaru introduces BRZ edition that's not an STI

News of a limited-edition Subaru BRZ might draw a logical conclusion that it's the oft-rumored, long-awaited STI version, with more power and a turbocharger and all the raucous driving potential the Impreza WRX STI carries. Sorry, folks. It's not an STI.