Dorman 351145 Drum Brake Wheel Cylinder Repair Kit 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.

Caterham plans to expand lineup under new owner, report says

Caterham Cars is growing its sports-car lineup, fueled by new owner Tony Fernandes, according to the Web site of U.K. car magazine Autocar. Fernandes's Team Lotus Enterprise, which owns the Team Lotus Formula One team, also plans to introduce the existing Caterham Seven and SP.300/R models to new markets.

Hyundai Veloster roof recall expands

Hyundai is recalling more 2012 Veloster hatchbacks with panoramic sunroofs to fix a weakened assembly that may cause the sunroofs to shatter while driving. The recall impacts 6,071 Velosters manufactured from July 4-Oct. 31, 2011.