1967 Corvette Rh Fender - Nos on 2040-parts.com

Land Rover Discovery Vision Concept unveiled

The Land Rover Discovery Vision Concept has been unveiled ahead of its official debut at the New York Auto Show on Wednesday 16 April. The bold concept car hints at how an all-new, fourth-generation version of the family 4x4 will look and also sets the tone for an entire family of  Discovery models. Land Rover confirmed last week that the Vision Concept would give a taste of the design language that will be used on more than one Discovery model.

Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan  for parts related to unintended acceleration and throw $30 million at research in to car safety.

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.