8" Blue Purple Green Sticker Pinstripe 093689-24-01a on 2040-parts.com

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.

SEAT Altea XL (2009) – the advert

The new advert for the SEAT Altea XL - featuring the 'Brother Monster' The Altea XL certainly offers more room – particularly more storage room – than the original Altea. They missed a trick by not making the back seats slide back more (they do slide forward to give a pretty big load space), but they did manage to address the storage issues. The 2009 SEAT Altea XL And 2009 saw a facelift for the Altea – as well as the Leon on which it’s based – and SEAT have been running out adverts to promote it.

2012 BMW M5: The M5 tease begins

BMW M5 - the Tease begins It’s over a year since BMW officially revealed the latest 5-Series, and yet we still don’t have the halo of the range – the BMW M5. But that’s about to change. As we reported last month, we expect BMW to unveil the new 2012 M5 at the Shanghai Motor Show in April.