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

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.

MG Icon concept

The MG Icon concept will be unveiled at the Beijing motor show next week in order to test public reaction to a small crossover, as well as suggesting a new design direction for the brand. Similar in size to the Nissan Juke, the Icon – as its name suggests – plays on MG's back catalogue of classic cars, something the company hasn't done since its takeover by Nanjing and subsequently SAIC in 2005. Despite clearly different proportions the Icon pays homage to the MGB GT sports coupe via its lamp and grille graphics, bumper overriders and fastback tailgate.

Land Rover Discovery Vision Concept (2014) revealed

By Damion Smy First Official Pictures 15 April 2014 01:00 This is the next Land Rover Discovery in all its glory. Officially named the Land Rover Discovery Vision Concept, this car will be shown for the first time at the New York motor show as a prelude to the new Land Rover family. This concept heralds a new beginning for Land Rovers, which have played second fiddle to the Range Rover, especially the hot-selling Evoque.