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Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.

Ferrari 458 Italia – more details and new photos

Ferrari has released new photos and more details of the Ferrari 458 Italia Much of the new detail focuses on the interior of the 458, which we did get to see in the video (sort of), but Ferrari chose to not release pictures when the first news came in on the 458. Ferrari have revised the whole cockpit experience quite extensively. Gone are the column stalks, to be replaced by buttons on the steering wheel for indicators, full beam, flash and wipers.

Police-spec Ram 1500 4x4 Special Service package debuts

The horde of vehicles vying for police duty got bigger on Nov. 8 with the announcement by Ram of a new 1500 4X4 Special Service pickup prepped for police work. It includes options tailor-made for cops on patrol.