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Chrysler repays $7.6 billion in outstanding U.S., Canadian loans

Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.

Driven: Hyundai i40

CDN recently spent a day sampling Hyundai’s new i40 Tourer, which has just been launched in Europe. For the launch, Hyundai invited us to Waddesdon Manor, the home of the Rothschild banking family and a venue that has been used for previous Louis Vuitton events. It has recently added a new art gallery with fabulous views across rolling countryside, and contains work by Anish Kapoor, Michael Craig-Martin and bronzes by Angus Fairhurst.

Volvo S80 gets new diesel engine

Most of the talk in the last few months about Volvo has revolved around Ford’s efforts to ditch the last of its prestige marques in its fight for survival. Poor old Volvo appears to have been hawked around the world’s car makers in the hope of finding a fit for the pride of Sweden. But there have been no takers so far, not even Volvo trucks or the Swedish Government.