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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.

Kia Pop concept (2010) first official pictures

These are the first pictures of Kia's new 2010 electric concept car, the Pop, which is due to make its debut at the Paris motor show on 30 September. Details on the new Kia Pop are sketchy, but at 3m long and with a triple-seat arrangement, it could be that Kia has its sights set on creating a rival to the Toyota iQ. In fact, we can see from the bird's-eye shot that the seating plan mimics that of Toyota's baby with two positions in a front bench and a single rear seat behind the front passenger.

Aston Martin Rapide S (2013) first official pictures

Aston Martin has turned the wick up on its Rapide super-saloon for 2013, turning it into the faster, restyled Rapide S. Power is up by a substantial 80bhp from the old Rapide, and there's also been a heftier facelift than we're used to from Aston. The Aston Martin Rapide S has 80bhp more?