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Chrysler Financial gets $1.5 billion federal loan

The 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.

Rockar Hyundai: Hyundai’s new digital sales channel

Rockar Hyundai will have a ‘Car Shop’ in Bluewater The death of the car showroom has long been predicted, and there’s no doubt that the car sales model we’re used to – visit showroom, see salesman, get upsold, leave with something you didn’t want – is going to die a death as the world and his dog get used to living, and buying, online. Now, Hyundai has decided there’s sufficient appetite for buying online to create a new digital platform for Hyundai buyers that removes the salesman from the equation and lets car purchases – and service followup – go properly digital. Enter Rockar Hyundai.

Bahrain Grand Prix 2014: Rosberg takes pole for Mercedes ahead of Hamilton

Nico Rosberg pips Lewis Hamilton to pole in Bahrain. It’s already staring to look like Mercedes is going to dominate F1 in 2014, and the performance of the two Mercedes in qualifying for the 2014 Bahrain Grand Prix did nothing to change that. Essentially a duel between Nico Rosberg and Lewis Hamilton, it was Rosberg’s turn to take pole position with Lewis Hamilton having to settle for second place on the grid after driving too deep in to a corner on his last flying lap and giving up the fight to take pole from his team mate. It was Rosberg’s second successive pole in Bahrain.