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

Some secured lenders object to quick sale of Chrysler

A 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.

Chrysler offers up to $6,000 in incentives on some cars

If consumers can overcome the connotations that ride shotgun with buying a new car from an automaker in bankruptcy, there are some deals to be had on Chrysler vehicles. The company said Wednesday that it will offer up to $6,000 in incentives on some of its new cars in May in the wake of a 48 percent sales drop in April. The incentives run through June 1.

Jaguar B99 by Bertone: Still looks like Jaguar past to us

The Bertone B99 Jaguar Concept – Still looks like a pastiche to us With Jaguar looking more than seriously at a New Small Jaguar to take the BMW 3 Series on at its own game, it seems almost certain Jaguar’s had a part to play in the design of Bertone’s take on a smaller Jaguar – the Bertone B99. Did they purposely ask Bertone to style a car that draws big cues from Jaguar’s own history? Or was that Bertone’s doing?