Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series 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.

Banks Power joins Mike Ryan Motorsports for Pikes Peak run

Gale Banks is heading back to the Pike’s Peak International Hill Climb on June 30. Banks has partnered with Mike Ryan Motorsports and his Freightliner Cascadia Class 8 semitruck racer. Semis race in the Pikes Peak Open class, which is reserved for cars and trucks that look stock from the outside but retain little of the original design.

Honda Civic saloon, coupe at the 2011 Detroit show

Honda showed off two new Civics at the NAIAS 2011: the Civic Si Concept Coupe and the Civic Concept Saloon. They're sadly US-market only, rather than related to the European spec models, themselves up for replacement at the end of 2011. Although 'concepts', these two effectively show what will roll into US showrooms in spring 2011.  The blurb is pretty strict on the difference between the American and Euro Civics: 'The Civic Si coupe and saloon Concepts are US-only design and will not be sold in the UK.