Crown Automotive 5184546ac Engine Oil Pan on 2040-parts.com

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.

Land Rover can’t keep up with demand for Range Rover & Range Rover Sport

There’s a 9 month waiting list for the new Range Rover Sport (pictured) The Range Rover has been a big success for Land Rover in recent years, and the launch of the new Range Rover last year – even with big price rises – has seen demand soar to unprecedented levels. Good news for JLR. To add to that, the arrival of the all new Range Rover Sport – this time based on the new Range Rover instead of the old Discovery – has seen the RRS turn from a footballers wife’s car in to a proper sporty SUV, one that can take on the likes of the Porsche Cayenne and BMW X5 on-road and obliterate them off-road.

MINI John Cooper Works Concept 2014 revealed

MINI has just launched its third-generation Hatch model, and you know what that means. No, not just people moaning about how it isn’t really ‘mini’ anymore – we’re talking about the imminent arrival of a brand new high performance MINI John Cooper Works. And here it is – or at least, here’s the new 2014 MINI John Cooper Works Concept.