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Bugatti reveals footage of record-setting open-top run

In case there was any doubt, Bugatti posted footage on Monday of its $2.6 million Veyron Grand Sport Vitesse hitting a record-setting 254.04 mph at Volkswagen's Ehra-Lessien test track. Chinese racing driver Anthony Liu was behind the wheel. If you'll remember, when Bugatti had its hardtop top-speed record pulled, it quickly set this test in motion to quiet any detractors.

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.

Lancia set to bring Coupe to UK line up

By Gavin Green Motor Industry 02 October 2006 08:30 Lancia will re-enter the UK market in late 2008, and the Delta HPE will spearhead its return. And the range could grow to four models, including a sports car based on the Fulvia concept. 'This is the car we will launch in Europe in spring 2008,' says Olivier François, president of Lancia.