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Jaguar XJ – the ‘All-Star’ car

The Jaguar XJ receives Automobile Magazine's All Star Award No, ‘All Star’ doesn’t refer to celebs who’ve fallen for the charms of Jaguar’s new XJ, from our own Jaguar-loving Richard Madeley to rap’s own Mr Jay-Zed who featured a new XJ in a recent vid. The ‘All Star’ here is the All-Star Award from America’s Automobile magazine who’ve decided that the new XJ deserves an award, just as the Jaguar XF deserved the same accolade in 2009 and 2010. According to Automobile magazine: “The toughest part about this class is that it’s very hard for any one car to stand out in the crowd, and yet the XJ manages to do just that, in both its design and its dynamics.

BMW Megacity Vehicle (2013): the first pictures

By Tim Pollard First Official Pictures 02 July 2010 00:05 BMW has issued this first design sketch of its innovative new Multicity Vehicle. The BMW MCV won't be launched until 2013 and this is our first look at the new electric city car.The Multicity Vehicle is designed for the growing number of 'megacities', that is metropolitan areas of 10 million or more. Big conurbations like London, Los Angeles and Tokyo are being joined by more and more sprawling cities in China – and BMW is confident they will change the way urbanites drive around.BMW Multicity Vehicle: the detailsThis design sketch of the BMW MCV shows a compact city car, not dissimilar to a Smart in spirit.

Some secured lenders object to quick sale of Chrysler

A 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.