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

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

CAR interviews Volvo design vice president Peter Horbury (2010)

By Tim Pollard Motor Industry 04 February 2010 07:00 CAR recently spent some time one-to-one with Peter Horbury, Volvo's new vice president of design. Horbury, who pioneered Volvo's modern look in his previous stint as design boss from 1991 to 2002 spent five and a half years in charge of Ford's North American design studio. But in May 2009, Volvo CEO Stephen Odell asked Horbury to return to the top job in Gothenburg.

Mazda Minagi concept

Mazda is set to reveal a new concept at the 81st Geneva motor show in March. Called the Minagi, the concept previews a new entry-level compact crossover, which will likely be called the CX-5 when it makes its production debut in Frankfurt later this year. The compact SUV is alleged to 'fully embrace' both Mazda’s Skyactiv technologies as well as the Kodo design language that debuted on the Shinari concept late last year.