Spectra Premium Industries Inc Gm08 New Distributor on 2040-parts.com

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.

Dodge revives the 392 Hemi in the 2011 Challenger SRT8

The 2011 Dodge Challenger SRT8 392 marks the return of the 392-cubic-inch Hemi V8. The 392-cubic-inch Hemi (6.4 liters), which has not been in a production car for 52 years, produces 470 hp and 470 lb-ft of torque. That is up 45 hp and 50 lb-ft over the previous 6.1-liter Hemi V8 in the Challenger SRT8.

Car of the Year 2013 finalists announced: do you agree?

The contest for 2013 Car of the Year is hotting up, with the shortlist for Europe's most prestigious new car award announced. The final eight contenders are: Ford B-max Hyundai i30 Mercedes A-class Peugeot 208 Renault Clio Subaru BRZ/Toyota GT86 Volkswagen Golf Volvo V40   This year, there are eight finalists instead of the usual seven, thanks to a dead heat between two contenders. According to the Car of the Year jury, the award's goal 'is to acclaim the most outstanding new car to go on sale in the [last] 12 months.' Not much fuel for enthusiasts in the 2013 CotY list...