09 Infiniti Fx35 Wheel 20x8 Alloy 5-spoke on 2040-parts.com

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Lexus prices RX 450h hybrid ute, IS convertible

Lexus announced pricing for two of its spotlight vehicles for 2010, the RX 450h hybrid ute and the IS convertible. The RX 450h will start at $42,535 for the front-wheel-drive version and $44,125 for all-wheel drive. The vehicle reaches dealers mid-summer.

Jaguar XE full price & specs revealed – costs from £26,995 to £44,870

Jaguar XE full price & specs revealed – costs from £26,995 to £44,870 The new Jaguar XE had a glitzy London launch last month, but all we really got was the XE S; the lesser models were kept under wraps until the Paris Motor Show debut. But now that’s upon us we get full UK specs and prices for a car that will be the make or break of Jaguar, certainly in terms of becoming a real challenger to the German triumvirate and moving from niche maker to proper global player in the Premium market. And Jaguar are obviously feeling pretty bullish about the XE, because instead of offering it at a discount to their main challenger – the BMW 3-Series – they’ve actually come in at a bit of a premium.