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2011 Ford Explorer prototype spied

The Ford Explorer is getting a redesign for 2011 and moving to a unibody platform, a here is the first prototype of the new SUV we've seen, getting a test drive on public roads. The Ford Explorer is the automaker's flagship SUV. The unibody platform for the 2011 model is a version being used for the Ford Flex wagon and the Ford Taurus/Lincoln MKS sedans.

Mercedes CLA driving Mercedes-Benz new car sales

New Mercedes CLA (pictured) is driving Mercedes-Benz new car sales Mercedes had a rocky road a few years ago as it changed its focus from quality to cost-cutting, so the decision by Mercedes to move in to more compact premium cars in a serious way can’t have been the easiest decision to make regardless of the rising demand for compact premium cars. But Mercedes decision and investment is now starting to reap big rewards as Mercedes start moving from an investment in to a sales cycle, with sales of their new compact cars – the new A-Class and new CLA – proving to be a real driving force. Mercedes is the UK has made all time record sales in the UK in 2013, reaching 100,000 car sales for the first time in a year, and managing that by the end of November (which in itself was the best November Mercedes had ever had in the UK).

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.