New Deluxe Accelerator Gas Pedal W/ Crest 53 54 55 Packard 1953 1954 1955 on 2040-parts.com

Chrysler-Fiat deal would spawn new look for U.S. automaker

As Chrysler LLC negotiates an alliance with Fiat S.p.A. that would satisfy the Obama administration, sources say the companies are discussing a revised ownership structure, a new board and possibly a different management team for Chrysler. Among the options being discussed is a direct role in Chrysler's operations for Fiat CEO Sergio Marchionne--possibly even the chief executive's job.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.

Toyota Corolla (2014)

The 2014 Toyota Corolla is the company's eleventh generation of the world's best-selling model, with almost 40 million sold since the first appeared in 1966. In line with the attempt to inject some interest into Toyota's model range (witness the new Avalon for example), this new Corolla is based around the mantra ‘Iconic Dynamism', whatever that might mean. The result is a car that certainly appears more interesting than its forebears on the evidence of these pictures.