Watch the Astra Unveiling

It was unveiled earlier this month at the Chicago Auto Show, but if you weren't there to see it in person, now is your chance. Enjoy the video below of the media debut of the 2008 Saturn Astra 3- and 5-door hatchbacks. Both models replace this existing Ion sedan and quad coupe. They will be available at Saturn stores later this year.

Source: General Motors

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Breaking News: Auto Industry Bailout Plan Dies in the Senate

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Associated Press: A $14 billion emergency bailout for U.S. automakers collapsed in the Senate Thursday night after the United Auto Workers refused to accede to Republican demands for swift wage cuts. The collapse came after bipartisan talks on the auto rescue broke down over GOP demands that the UAW union agree to steep wage cuts by 2009 to bring their pay into line with Japanese carmakers.