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Some secured lenders object to quick sale of Chrysler
Mon, 04 May 2009A 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.
Top Gear Tonight: BMW M5, Kimi Raikkonen, Cheap Motor Racing, Ferrari 250 GT California & Slash is SIARPC
Sun, 11 Mar 2012Kimi Raikkonen is Top Gear's F1 SIARPC tonight Top Gear Series 18 Episode 7 is the last in the current series with the new BMW M5, Kimi Raikkonen, Cheap Motor Racing, Ferrari 250 GT California & Slash is SIARPC. Top Gear Series 18 ends tonight with the final episode – episode 7. On track this week is the new BMW M5 with the twin turbo V8.
Jeep hides ad in 'Saturday Night Live' skit, sort of
Mon, 31 Mar 2014Jeep did something over the weekend that we've never seen before -- probably because we're too young. It didn't place its product in a show, which has become more and more common. “We can take my Prius, it has navigation!” And it didn't quite make a commercial spot, in the traditional sense, at least.