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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.

Fallen Michigan police officers honored at Woodward Dream Cruise

Joe Roeder can't help but feel pride when he talks about the memorial he has created for fallen Michigan police officers. Since 2002, he has outfitted a Jaguar with the help of donors to ride in Detroit's Woodward Dream Cruise. This year, Roeder, an auxiliary sergeant with the Hazel Park Police Department in Michigan, will cruise in a 2009 Jaguar XF donated by Jaguar of Troy.

Aston Martin Rapide interior shots surface

This appears to be the first official image of the interior of the Aston Martin Rapide So it’s no real surprise, with the Aston Martin Rapide actually getting to the point of being production ready, that shots (or renderings, probably) have surfaced. We had ‘official’ shots of the Aston Martin Rapide in April, and now we have an interior shot. Not the biggest – or most enlightening – shot, but they do seem to be real, rather than the work of an enthusiastic amateur Photoshopper.