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.

Spy-Shot Bonanza

Below is a collection of reader-submitted spy shots. Frankly, we're stumped as to what these pictures show us, but speculation ranges from a BMW SUV in the first images, to a new BMW 7-series in the next set, to “your guess is as good as ours” for the last vehicle, caught testing in the Czech Republic. Your mission, should you choose to accept it, is to identify as many of the following images and report your guesses in the Comments section below.

Win a signed Peter Schreyer Kia design sketch

At this week's launch of the new Kia Sportage, CAR witnessed Kia design chief Peter Schreyer sketch out his original vision of the new crossover 4x4. We later clobbered the black-polo-necked styling boss and asked if we could give it away on CAR Online. He agreed, added some finishing touches and signed the Kia Sportage design sketch.