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

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.

First sight: Volkswagen Passat (2015)

In recent years, European buyers have been switching their mid-size sedans and wagons for smaller cars, crossovers and SUVs. The Volkswagen Passat, Europe's most successful company car, has defined this market segment pretty much since it arrived back in 1973, and this latest, eighth-generation model has been designed to attempt to reverse that buying trend. When we catch up with design director Dr Klaus Bischoff at the car's unveiling, he's certainly confident that the new car represents a significant step forward.

The all-new 2015 Chrysler 200 is finally here

Today at the Detroit Auto Show, Chrysler has official taken the covers off the new Chrysler 200 sedan. It's a complete redesign, not a facelift -- and it's here not a moment too soon. The first generation of the Sebring-derived 200 may have had some impressive ad campaigns to stoke its sales, but at the end of the day the car was never really a hot seller.