Left Airbox Cover 1984-1985 Honda Magna Vf700 V45 on 2040-parts.com

Some secured lenders object to quick sale of Chrysler

A 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.

Autoweek in review: What you might have missed

Ninety-three year-old Rachel Veitch retired her 1964 Mercury Comet Caliente this week. She had racked up more than 576,000 miles on the odometer. What better way could there be to celebrate National Cherish an Antique Day?

2014 BMW X3 Facelift and more efficient engines

The 2014 BMW X3 (pictured) gets a facelift and new engines The current version of the BMW X3 SUV has been with us for more than three years, so BMW are giving it a bit of a mid-cycle facelift and more frugal engines to keep the X3 on top of its – very successful – game. Engines on offer for the 2014 X3 include the 2.0 litre diesel in the sDrive18d which offers 148bhp and 56.8mpg and the 187bhp in the X3 xDrive20d which returns 52.3mpg, the xDrive30d – which gets the 3.0 litre diesel unit – with 254bhp and 47.9mpg and the X3 xDrive35 which has an impressive 309bhp but still manages official economy of 47.1mpg. When it comes to the cosmetic facelift bits, BMW hasn’t really pushed the boat out, but the new X3 does get a new headlight design which is sleeker, new front and rear bumpers and a new surround for the kidney grill, which all contrive to make the new X3 look even more like a baby X5.