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SEMA 2008 show report: Mercedes GLK

By Ben Whitworth First Official Pictures 04 November 2008 10:30 Mercedes set an all but impossible challenge for tuners at this year’s SEMA (Specialty Equipment Market Association) show in Las Vegas – to turn its gut-wrenchingly ugly GLK off-roader, which makes its formal American debut at the show, into something desirable and cool. The best four submissions – the Brabus Widestar, Urban Whip, Pikes Peak Rally Racer and Rock Crawler - were displayed at SEMA. And presumably scared a lot of showgoers senseless.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.

New Jaguar XE will return up to 75mpg – lightweight aluminium accounts for 75% of structure

The new Jaguar XE’s lightweight construction will deliver up to 75mpg The Jaguar XE will debut officially on 8 September, and Jaguar are busy rolling out details of what the XE will offer to keep interest and expectations high. Today’s instalment in the ‘What will the XE offer? ‘ series of technology teases focuses on the XE’s light weight and frugality.