Amal Mkii Carb Set Triumph T140 1978-1982 Carburetor Right- Left - Mk2 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.

GM to build eight-speed transmission in Toledo

General Motors is directing $204 million of a $2 billion investment in its U.S. plants toward building an eight-speed automatic transmission in Toledo. Automakers are turning to transmissions with more gears to meet more stringent fuel-economy regulations.

One Lap of the Web: Aural delights and a Citro

-- Ayrton Senna positively dominated the 1990 Monaco Grand Prix: he came in with the fastest qualifying lap, started on pole, set the fastest lap, led every single one of them, won the thing, beating rival Alain Prost in the process, then went on to win the 1990 World Championship. The above video was what it's like to ride onboard with the brilliant Brazilian in his McLaren-Honda, which screams like a madman down the Monaco tunnel. -- Five Citro