Holley Four Barrel Carburetor- Item 00046 on 2040-parts.com

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.

The new Honda Insight hybrid is shown at the Detroit auto show

The new Honda Insight was unveiled at the Detroit Auto Show To hear Honda tell it, the new 2010 Insight coming to market this April is all about making hybrid technology available to Gen-Y. That's because it's smaller and less expensive than the class-leading Toyota Prius or Honda's own Civic Hybrid. We drove the Insight in Arizona recently and found it also more fun to drive than most hybrids, another attribute that ranks high among young buyers.

Jaguar/Land Rover sell-off latest (2007)

By Tim Pollard Motor Industry 12 June 2007 07:36 Ford has appointed Goldman Sachs, Morgan Stanley and HSBC to investigate selling its British premium brands Jaguar and Land Rover. The move effectively signals the end of the Blue Oval's PAG division. Officials have refused to confirm or deny the sale, but have outlined to MPs the deal which will spin off Jaguar and Land Rover, but retain Volvo in the Ford family.