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College Exhibition: LTU 2009

Lawrence Technological University (LTU) celebrated its second annual Transportation Design Show earlier this month. The second year (Sophomore) and first year (Freshmen) classes both presented projects at the degree show. The Sophomore project brief was to create a concept vehicle that reinforced the Jeep brand while capturing new customers in a niche market.

Mazda MX-5 25th Anniversary Edition & all new MX-5 previewed: New York Auto Show

The Mazda MX-5 25th Anniversary Edition Mazda is playing their best card at the New York Auto Show – the evergreen MX-5 – with a special edition to celebrate its 25th birthday – the Mazda MX-5 25th Anniversary Edition – and a preview of the chassis for the all-new MX-5. The 25th Anniversary Edition of the MX-5 is based on the 2.0 litre Roadster Coupe with the 158bhp engine and can be had with either a manual or automatic gearbox, but just one colour – Soul Red Metallic. Titivations include a black roof, door mirrors and A-Pillars, 17″ Dark Gunmetal alloys, Bilstein dampers, Piano Black trim and off-white leather seats with ’25th Anniversary’ logos embossed on the seats.

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.