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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.

2014 Michelin Guide reveals best new stops for hungry drivers

MOTORISTS will soon be able to enjoy the very best food in the British Isles as part of their journeys, as Michelin has confirmed a launch date for its 2014 guide to Great Britain & Ireland. The guide will be made available from October 4 as a book, for £15.99, and an Apple app for £5.99, giving drivers fingertip access to every Michelin-awarded restaurant, which in turn could make every long-distance drive a new culinary adventure. Michelin first founded the guide in its native France, where at the time the motor industry was more widespread than anywhere else in the world.

Official 2014 Porsche 911 Turbo photos and details

Updated: Scroll down for the official 911 Turbo video from Porsche Got a spare $150,000 sitting around doing nothing? Read on: You know that 2013 is the Porsche 911's 50th anniversary, right? Well, 2013 is also the 911 Turbo's 40th.