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Mercedes AMG GT & GT S OFFICIALLY revealed

The Mercedes AMG GT officially revealed It seems to have taken forever for the Mercedes AMG Gt to arrive, and now it has we get not one but two variations- the AMG GT and AMG GT S. Effectively replacing the SLS AMG at the top of Mercedes sporting line-up, the AMG GT isn’t as ‘super’ a Supercar – certainly not in terms of prices – as the old SLS AMG. In fact, although Mercedes are yet to confirm prices, we’re expecting the AMG GT to start at under £100,000 (just) and the AMG GT S to be £10k or so more.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.

How South America designed the Ford Ka

The Ka Concept was shown at the São Paulo auto show in Brazil in November 2013, and was revealed in production form last week. It marks the first time the Ka has reflected the broader brand homogeneity of the 'One Ford' design strategy, and continues the Ka's shift in direction from the distinctive original.The new car is the work of Ford's South American design studio in Camaçari, Brazil - its second 'One Ford' car, following the EcoSport. But while the crossover enters a new segment, the 17-year history of the Ka nameplate in Brazil gives an insight into how the demands of the local market have taken precedence over design iconicity.