Orange And Black Seat For Arctic Cat M6 M7 M8. Great Shape on 2040-parts.com

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Mercedes-Benz courts Renault for new Smart model based on Twingo

Mercedes-Benz is set to join forces with Renault in a deal aimed at providing its underdeveloped Smart division with a contemporary-engineered front-engine/front-wheel-drive platform as the basis for a frugal new Forfour model. The new Smart, due out in 2013, is planned to sit on a lightly modified version of the Renault Twingo’s underpinnings, complete with a 93.3-inch wheelbase. Speaking about the new car over the weekend, a highly placed Mercedes-Benz official told AutoWeek: “It’s a key component in plans to grow the Smart brand.

Zagato celebrates Aston Martin Centenary with Zagato DBS & DB9 Spyder

The Aston Martin e DBS Coupé Zagato Centennial (pictured, built for a Japanese entreprenuer Zagato and Aston Martin have a long history of working together to produce very special limited editions of AML cars, from the beautiful DB4 Zagato to the recent V12 Zagato. So it’s entirely appropriate – as this is Aston Martin’s Centenary year – that Zagato produce an Aston Martin Special Edition to mark the event. In fact, they’ve gone one better by producing two special Astons for the centenary – the Aston Martin DBS Coupe Centennial and the Aston Martin DB9 Spyder Centennial.