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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.

Ariel Atom 500 will come to U.S., packs 500-hp V8

This is the car in which strapping yourself in tight is mandatory. British boutique automaker Ariel Motor Co. is on the verge of rolling out the Atom 500, the latest version of its ultralight, two-seat street and track car, this one fitted with a 500-hp narrow-angle V8.

Nissan Sentra adds sporty-looking FE+ 2.0 SR to Sentra lineup

Most of us at AutoWeek value speed and style, but there are people out there who are perfectly fine with just looking the part. For them, Nissan has announced the addition of the FE+ 2.0 SR to the Sentra lineup. Previously, the only way to get a more aggressive looking Sentra from the factory was springing for SE-R models.