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BMW recalls 30,000 X5s to fix brake problem

BMW said Friday it is recalling more than 30,000 eight-cylinder X5 SUVs built between 2007 and 2010 due to a potential power assist braking malfunction. In a statement to the National Highway Traffic Safety Administration, BMW noted that a small amount of lubricating oil could leak into the vacuum hose that connects the vacuum pump and the brake booster. This leak could cause power-assist braking to malfunction.

Toyota Land Crusier (2010) revealed +Video

Toyota has revealed the revised Land Cruiser for 2010 But times move on, and Toyota has decided a modest facelift and a re-vamp is called for, and they have released details of the changes for their most iconic model, which will launch at the Frankfurt Motor Show this week, and go on sale in the UK in December. There are a number of styling tweaks inside and out to keep the venerable Land Cruiser fresh, including a revised dash and trim and tweaks to the bumpers and lights. But the biggest news – at least in the UK – is that the Land Cruiser will come with just one engine option – the 3.0 litre D-4D diesel with a five-speed auto-box.

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.