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Some secured lenders object to quick sale of Chrysler
Mon, 04 May 2009A 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.
Hyundai Veloster UK (2012): Photos and video
Sat, 24 Dec 2011Hyundai UK deliver a bumper load of photos and video of the new Veloster Hyundai UK has been busy taking photos and video of the new Veloster Coupe – due in showrooms in 2012 – and we have plenty of both. A couple of months on from the release of model and price details for the Hyundai Veloster in the UK, Hyundai UK has been making the most of their new coupe by taking a shed load of photos and videos of their new sporty coupe. So we though the least we could do is let you take a look.
Nissan Juke Nismo (2012) first official pictures
Wed, 13 Jun 2012It's not quite a Juke-R, but it's still a faster Juke - Nissan has greenlighted the Juke Nismo concept for production. Chief among the Nismo alterations are light tuning for the engine, an aggressive body kit, and sporty tweaks inside the Juke's cabin. What's new on the 2012 Nissan Juke Nismo?
