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Shortened LX rear-drive platform--Chrysler's midsize car answer?

Chrysler's new management team is wrestling with its first major product decision, and it's a crucial one: how to replace the slow-selling Chrysler Sebring and Dodge Avenger. One option--a stretched version of Fiat's compact D-Evo platform--faces serious hurdles, and one early proposal--use of an Opel platform--is off the table. Now sources say Chrysler Group LLC could replace its much-maligned mid-sized cars with a model based on the Chrysler 200C EV, a concept shown at the Detroit auto show in January.

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

The biggest James Bond car exhibition…in the world!

James Bond Car Exhibition 2012 Nothing has defined the James Bond franchise – the film franchise, that is – in quite the same way as its cars. So what better way than to have the biggest James Bond car exhibition – in the world – to celebrate fifty years of James Bond films? That’s exactly what is being planned by the National Motor Museum at Beaulieu and EON Productions (they of the James Bond films), who plan to exhibit more James Bond cars in one place than ever before – and for the whole of 2012.