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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.

Bentley gives Continental GT Speed even more power

The Bentley Continental GT Speed has never been accused of being a slouch when it came to power, bluntly incorporating the word Speed in its name, but it seems the company's engineers believe there is still room for improvement. And so for 2015 the Bentley Continental GT Speed and Bentley Continental GT Speed Convertible will receive a slight bump up in power, and will now offer 626-hp and 607 lb-ft of torque. That's up from 616-hp and 590 lb-ft of torque in the 2014 versions of this 6.0-liter W12 beast.

Discovery Sport Finally Breaks Cover

LAND ROVER has taken the wraps off its much-anticipated replacement for its current Freelander model. Called the Discovery Sport, the Brit premium car maker has decided to move its once entry-level 4x4 upmarket. Boasting styling cues inside and out from the Evoque and Range Rover Sport, the Discovery Sport is said to be more of an all-rounder than the Freelander, thanks to an increased focus on cabin space and versatility due to the inclusion of a third row of seats.