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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.

Spy photog Brenda Priddy gets a turn in front of the camera lens

Why would anyone be willing to spend more than two months every summer crisscrossing the desert in the Southwest? Well, if you're spy photographer Brenda Priddy, it's because you're hunting Rabbits, and sports cars, and SUVs and occassionally minivans. Priddy, whose work appears here at autoweek.com and in AutoWeek magazine as well as in our sister publication Automotive News and other outlets, took a turn in front of the lens recently.

New Lancia Ypsilon in UK – as Chrysler Ypsilon

New Lancia Ypsilon Tease Sketch - we'll get it as the Chrysler Ypsilon Lancia finally left the UK in 1994 after a decade or two of falling sales which owed much to the Fiat brand developing perforated body panels after a week or three. Lancia had plans in place to come back to the UK in 2008, but the storm clouds which had gathered over the car economy put paid to that. But now, as part of the Fiat Chrysler partnership, they’re coming back.