Toyota Ractis 2006 Throttle Body [0420300] on 2040-parts.com

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

No more Top Gear until 2013, says Jeremy Clarkson

No new Top Gear Series until 2013 Top Gear leader Jeremy Clarkson has revealed to South African Sasha Martinengo on Ballz Radio that there won’t be a new series of Top Gear until 2013. Under normal circumstances we’d expect a new series of Top Gear to arrive in the Autumn of 2012. But it seems not.

RM adds 1957 Ferrari 625 TRC Spider to Monaco sale +video

1957 Ferrari 625 TRC Spider RM Auctions has added a rare 1957 Ferrari 625 TRC Spider to its list of desirable Ferraris offered at May’s Monaco auction. RM Auction’s Monaco sale takes place the same weekend as the Monaco Grand Prix in May, and we’re starting to wonder which will be the biggest attraction after RM revealed a new addition to their list of ultra rare and desirable Ferraris up for auction at their event. The 1957 Ferrari 625 TRC Spider – chassis #0680 MDTR – is the rarest of all TRs made and is one of just two factory-built TRCs.