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Chrysler Financial gets $1.5 billion federal loan
Fri, 16 Jan 2009The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.
VW Cross Polo (2010) Revealed
Fri, 19 Feb 2010The VW Cross Polo will debut at the Geneva Motor Show No, it’s not an angry version of the 2010 Volkswagen Polo but VW’s fake off-road version of the latest Polo designed to appeal to those who want a rufty-tufty car to cope with the demands of the Urban Jungle. The Cross Polo (we’d expected it to be the ‘CrossPolo’ as the Germans like to run words together, like ‘BlueEfficiency’ or EfficientDynamics, but the graphics on the Polo make it clear it’s the ‘Cross Polo’) is the latest version of the 2010 Polo to be revealed. Just this week we’ve had the 2010 Polo GTI and the 2010 VW Polo BlueMotion (see – it’s those joined together names again) and the Cross Polo makes the hat trick for pre-Geneva.
Mitsubishi Global Small Concept (2011) at 2011 Geneva motor show
Wed, 19 Jan 2011Mitsubishi will show this new Global Small Concept car at the 2011 Geneva motor show this spring. It's one of 12 vehicles on show at the Mitsubishi stand and previews the Japanese car maker's vision for future small cars. The Global Small Concept in fact forms the basis for a new supermini coming in March 2012.