Kawasaki Ex250 Ninja 250 2010 Side Stand Sensor Kickstand Sensor 117337 on 2040-parts.com

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

Mercedes-Benz plans to add a fifth compact model in 2014

Mercedes-Benz will build a fifth variant off its future A- and B-class compact-car platform. The model will be a so-called "shooting brake," company sources said, adding that the low-slung sporty station wagon will start arriving at European dealerships in 2014. The car will most likely be called the CLC Shooting Brake, the sources said.

Ex-TVR chairman Peter Wheeler (1944-2009)

By Peter Adams Motor Industry 12 June 2009 11:50 Peter Wheeler, the chairman of TVR from 1980 to 2004, has died. Wheeler was in charge of TVR during some of the company’s finest modern years, launching lightweight and powerful rear-wheel drive Blackpool-built sports car including the Chimaera and Griffith, and the Cerbera, Tuscan, Tamora and Sagaris with TVR's own engine. Wheeler passed away during the night on Thursday 11 June after a short illness.