Bbk Full-length Header 1531 on 2040-parts.com

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Weather creates travel misery

BRITAIN’S bleak midwinter continued today with strong winds, floods and fallen trees causing chaos to travellers trying to get away for Christmas. On the roads, many major routes were flooded or blocked by fallen trees, with Kent, Hampshire, Surrey, Sussex and Cornwall among the affected counties. In Dorset fire crews had to rescue 25 people trapped in their cars by flood water, while as many as 100,000 homes across the country were left without power.

Ford Focus ST500 (2007): first official pictures

By Tim Pollard First Official Pictures 08 November 2007 02:28 Ford Focus ST500: the lowdown Ford is a past master of doing limited editions, and there have been any number of Fiesta, Escort and Mondeo specials over the years. Now it's the turn of the soon-to-be-refreshed Focus hatchback - and specifically the ST hot hatch. Just 500 ST500 models will be made, presumably to shift the outgoing model before the new one arrives this winter.