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Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.

Caparo supercars

By Tim Pollard 21 July 2008 10:42 You've probably heard of the madcap Caparo T1. CAR drove the first example and was left pondering how one of the world's fastest cars was also one of the scariest. But you might have forgotten that Caparo is better known as a huge engineering company in the automotive sector and elsewhere, employing 6000 people worldwide and turning over €1.5 billion a year.

Honda CR-Z Hybrid (2010/2011) Leaks

Picture of the leaked Honda CR-Z Hybrid brochure We saw the Honda CR-Z Hybrid at the Tokyo Motor Show a few months ago as what Honda called a concept. But it was clear that this new Hybrid Coupe from Honda was anything but a concept and was in fact a virtually production-ready car. So it’s no surprise to see a leaked picture of the Honda CR-Z brochure coming out of Japan.