Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

Land Rover OKs LRX-based small SUV for Range Rover

Land Rover will put its striking LRX concept car, first displayed at the 2008 Detroit auto show, into production with the help of a $37.1 million grant from the British government. But in a move suggesting it will be pitched further upmarket than originally intended--against four-wheel-drive rivals such as the Audi Q5, the BMW X5 and the Mercedes-Benz GLK--the LRX will reach showrooms wearing Range Rover badges. "Internal studies have shown that if we deliver the LRX to market, it would be best suited to the Range Rover brand," Land Rover boss Phil Popham said.

New Chevrolet Caprice tuned to police needs

The new Chevrolet Caprice police patrol vehicle will hit the streets in April 2011, and orders from departments will begin in January. The Caprice will join the Impala and the Tahoe as the bow-tie brand's offerings for police. The new Chevy will feature a 6.0-liter V8 engine pumping out 355 hp and 384 lb-ft of torque.