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2015 BMW M4 convertible: First look
Thu, 03 Apr 2014Meet the 2015 BMW M4 convertible, the final entry in BMW's revamped M3 and M4 high-performance lineup. The new drop-top will join the M3 sedan and M4 coupe later this month at the New York auto show and is expected to go on sale this summer. The new M4 convertible takes the place of last generation's M3 convertible, and will use the same powerplant as both the new M3 and M4: BMW's TwinPower 3.0-liter inline six will deliver 425 hp and 406 lb-ft of torque, redlining at 7,600 rpm.
Chrysler Financial gets $1.5 billion federal loan
Fri, 16 Jan 2009The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.
Fiat dealers likely to get Alfa, Marchionne says
Tue, 24 Aug 2010Sergio Marchionne, CEO of the Chrysler Group, said that Alfa Romeo vehicles will likely be sold at Fiat dealerships in the United States. About 200 Fiat franchises will be awarded this fall, mainly to Chrysler Group dealerships in metro markets friendly to small cars. Fiat is preparing to bring Alfa vehicles to the United States starting in late 2012.