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.

Infiniti shows image of Q30 concept car before 2013 Frankfurt motor show reveal

Infiniti has just released photos of its highly anticipated Q30 Concept, which will be shown to the public at the 2013 Frankfurt motor show. Even though it may be hard to tell from the photos and sketches which size category this concept car belongs in, the Q30 moniker places this car in a rather compact segment. Designing the Q30, Infiniti says it has tried to blend the features of a coupe, a hatch, and a crossover.

Video: Behind-the-scenes at the CDN-GM Interactive Design Competition 2013 awards ceremony

The 2013 edition of the CDN-GM Interactive Design Competition saw the largest number of participants and entries ever, and produced an outstanding standard of work. In this video, filmed at the awards ceremony that took place at the North American International Auto Show, judges explain the competition structure and the benefits that both GM and the students get from the experience. Winning students also reveal how participating in the competition provided a platform for them to launch their careers and gain exposure to the world's biggest carmakers.