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Qoros GQ3 becomes Qoros 3: Geneva Motor Show 2013

The Qoros 3 – formerly the Qoros GQ3 – has been revealed at the 2013 Geneva Motor Show alongside concept Cross Hybrid and Estates from Qoros. Not because GQ Magazine objected, but because Audi did. It seems the man at the four rings took umbrage at a Qoros model name with ‘Q3′ in it, so it’s now the Qoros 3 or, specifically, the Qoros 3 Sedan.

Smart ForTwo Cityflame edition launches

The Smart ForTwo got a bit of a facelift in 2012 to keep it fresh until the all new ForTwo with a rear-engined, rear wheel drive platform to be shared with the next Renault Twingo, arrives in 2014, and the new CityFlame limited edition gets a cosmetic makeover to make its stand out. That cosmetic makeover includes a bright yellow paint job - vivid pearlescent flame yellow – with a black tridion safety cell, black grill surrounds and mirror caps and a set of 15″ black painted alloys. There are ‘CityFlame’ logos on the mirror triangles and a set of Brabus headlights. Inside the Cityflame there are yellow inlays in the cloth/fake leather seats, yellow stitching, yellow splashes on the dash and steering wheel and a set of mats with embroidered ‘CityFlame’ motifs.

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.