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Chrysler investigated after collapse of Getrag deal

The state of Indiana is investigating Chrysler LLC for securities fraud over the collapse of a joint venture with Getrag Transmission LLC. Jim Gavin, a spokesman for Secretary of State Todd Rokita, today confirmed a Kokomo Tribune report that said the investigation began two weeks ago. "There have been no complaints or allegations made," the paper quoted Rokita saying in a speech Tuesday.

Tata says hello with the Tata Nano Europa

The Tata Nano Europa - expected to come to Europe as a sub £5k car [ad#ad-1] Tata has had a pretty torrid time of late, what with problems in India and the decimation of the world car markets, which has badly affected sales of its recently acquired Land Rover and Jaguar marques. But as we reported last week, they have just landed a huge contract to supply Jaguars and Land Rovers to the Chinese, which will ease problems at JLR, and now they’re on a world-domination cheapest-car quest with the Nano Europa. The Nano Europa is the version of the little Tata that is going to be launched in Europe, and has just previewed at Geneva 2009.

McLaren P1 GTR (2015): 986bhp track-only P1 to be unveiled at Pebble Beach

By John Mahoney First Official Pictures 25 July 2014 14:03 McLaren has confirmed it will unveil a track-only version of the P1 supercar at Pebble Beach Concours d’Elegance on Friday 16 August2014. Called the P1 GTR, McLaren’s take on the ultimate track day weapon is not street legal and gets 83bhp more than the standard P1, boosting power to 986bhp. The teaser image, released ahead of Pebble Beach, hints at the huge changes engineers have made to the more powerful, tracksuited P1.