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SEMA 2008 show report: Dodge Challenger
Thu, 06 Nov 2008By Ben Whitworth Motor Shows 06 November 2008 16:59 Chrysler may have its back against the wall, but that hasn't stopped its SRT skunkworks team churning out what is easily the most politically incorrect – and, as a result, wonderfully desirable – Challenger SRT-10. Yes, and with an 8.4-litre 600bhp V10 Viper motor shoehorned into the Dodge’s engine bay, there’ll be plenty of tyre smoke! Developed in house by Chrysler’s Street and Racing Technology department, this is the hottest of Challengers.
Some secured lenders object to quick sale of Chrysler
Mon, 04 May 2009A 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.
Government driving down electric avenue
Mon, 21 Jul 2014THE GOVERNMENT is to lead by example by buying more than 150 electric and plug-in hybrid cars for its fleets. All fleet managers will have funding allocated with a view to buying ultra-low-emission vehicles (ULEVs) to replace older vehicles as part of the their normal working life cycle. According to Westminster sources, a long-term plan is in place to make such cars and vans entirely commonplace.