GM is Out...But Hyundai Might be the Next Chrysler Suitor

Last week it was reported that GM had suspended all talks with Chrysler about an apparent merger after the U.S. treasury denied GM's request for aid to buy Chrysler. Now it're being reported that Hyundai may be interested.

According to Reuters, Hyundai and Chrysler's owners, Cerberus Capital Management, have been in talks about Hyundai acquiring the Jeep brand. Both automakers have not released an official statement about the discussions.

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U.S. House Approves $14 Billion Auto Bailout Bill [Auto Industry Financing And Restructuring Act]

The US House approved the Auto Industry Financing and Restructuring Act (aka, "Bankruptcy Lite") by a vote of 237-170. It's morning again in America. Well, at least until the Senate gets involved tomorrow.

The U.S. House of Representatives approved HR 7321, the Auto Industry Financing and Restructuring Act. The bill provides an immediate $14 billion in loans to prevent the collapse of GM and Chrysler and set the stage for government stakes in automakers and Washington-directed restructurings. The vote took place at 8:46 PM this evening by a vote of 237 (Aye) to 170 (noes) to 1 (present) to 26 (not voting) setting up a showdown in the Senate where prospects for passage are not as certain. Want to see how your member of Congress voted? Click here.

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Dodge Challenger Convertible coming in 2010

The 2008 Dodge Challenger SRT8 recently hit the market and Craig Jackson and Jay Leno have already brought the first two models. So far, a total of 1,000 units have been built and delivered to their...

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Next Chrysler 300 will see few changes on the outside, ‘huge leap’ on the inside

While Chrysler may be shifting its focus to small cars, it has no plans on killing the iconic 300 sedan. Work is underway on the next-generation 300 and all of Chrysler’s 23 design staff is...

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2007 Detroit Auto Show: 2008 Chrysler Town & Country

The all-new 2008 Chrysler Town & Country is almost identical to the Dodge Grand Caravan we just posted about. They both seat seven and will feature the same array of engines when they hit dealers in the fall. For those interested in what’s moving your brood, the two minivans will come with a choice of three V-6 engines producing 240, 198 or 177 hp.

Unfortunately, the Town & Country also features the odd shifter placement on the dash, but with the images below we also get a look at a new option: ambient halo lighting. It gives the large cabin a nightlight appearance.

We’ll have more information on the Town & Country on Sunday and, as always, more photos are below.

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Reminder: GM-Chrysler Merger Mashup Photochop Contest [GM-Chrysler Merger Mashup Photoshop Contest]

Just a reminder boys and girls — you only have until 12:01 AM on Wednesday, October 29, 2008 to get your best submissions in to us in the GM-Chrysler Merger Mashup p-chop contest. Slap 'em into either the comments on the original post or e-mail us at autoinsider@jalopnik.com for the “GM-Chrysler Merger Mashup Photoshop Contest”. Now, get out there and Photoshop us some crazy Monte Chargers and Corvipers or whatever for your chance to win the XBOX 360 game and a copy of the 10th season of Top Gear — and remember, as always, that standard contest rules apply. Oh, and that entry above? We're calling that the 300Camino!

Some say he has a tattoo of a Saleen S7 on his rear end. Others tell us he was born with a penchant for oil rather than his mum's milk. All we know is he's called the Auto Insider and he's always ready to provide the scoop from the other side of Eight Mile.

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