Arp 400-8301 S/s 12pt. Nut - 5/16-24 (1) 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.

Aston Martin V12 Zagato rolled out for the Concorso d'Eleganza Villa d'Este

Aston Martin has rekindled its association with famed Italian design house and coachbuilder Zagato on a rebodied and re-engineered version the V12 Vantage. Set to be one of the stars of this weekend's Concorso d'Eleganza Villa d'Este on the shores of Lake Como in Italy, the Aston Martin V12 Zagato commemorates the 50th anniversary of Aston Martin's first collaboration with Zagato, the DB4GT Zagato. Like that car, the Zagato V12 is planned to be sold in limited numbers, both in road-going form and as a race car--the latter of which is set to make its debut at the N

Mercedes GLA 45 AMG on video ahead of Detroit debut

Mercedes GLA 45 AMG (pictured) on video ahead of Detroit deut What promises to be the best performing car in the compact SUV/Crossover segment – the Mercedes GLA 45 AMG – was officially revealed this week ahead of its debut at the Detroit Auto Show. With the same 355 bhp, 2.0 litre turbo engine as the A 45 and CLA 45 AMG – and with 4WD – the GLA 45 AMG offers stunning performance in a high-riding compact shape that promises to embarrass all but the most extreme performance SUVs on the market. Now, ahead of next week’s debut, Mercedes AMG has released new video of the GLA 45 AMG which does a decent job of highlighting the cosmetic tweaks and purposeful stance the GLA has.