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GM announces pricing for 2014 pickups

The redesigned 2014 Chevrolet Silverado and GMC Sierra pickups go on sale this spring with V8 engines that General Motors claims will get slightly better fuel economy than the rival Ford F-150 equipped with a turbocharged V6. Chevrolet is holding the base sticker price on the 2014 Silverados to the same as that of the 2013 models. This means a rear-drive 2014 Silverado with the base V6 engine will sticker at $24,585, although that model won't be in dealerships until this summer.

Jaguar Land Rover open in India

Jaguar and Land Rover are to open for business in India Well, I suppose it was always going to happen. After all, Jaguar Land Rover (JLR), although still considered by most to be a traditional British car maker, is in fact owned by Indian Conglomerate Tata. And Tata has announced this morning that Jaguar Cars and Land Rovers are to go on sale in India.

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.