Victor G26761 Carburetor Mounting Gasket on 2040-parts.com

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.

One Lap of the Web: Packards -- Ask the man who knows way too much about one

-- For some light Wednesday reading, here's more information than you ever wanted to know about Packard. It includes the horrible neoclassics that plagued the 1970s, and the 1995 revival of the Packard name that attempted to stick a shortened rendition of the famous Packard grille in front of a 440-hp V12, all wrapped in a shape that looked like a melted Twix, as shown above. Our august associate editor Graham Kozak owns a Packard, so he could have filled us in on the details.

Chrysler Ypsilon now on sale in the UK – Prices & Specs

Chrysler Ypsilon - UK prices and details As part of Fiat’s efforts to integrate its range with its new toy – Chrysler – we are now getting Chrysler-badged Lancias in the UK, in this case Lancia’s stretched Fiat 500/Panda – the Chrysler Ypsilon. The Chrysler Ypsilon is the first new Lancia – in all but name – to get to the UK since Lancia gave up on the UK market after we got fed up with Lancias falling apart back in 1993. But as we’ve taken to the Fiat 500 in droves, there’s a decent chance the UK will take to the grown-up 500 in the guise of the stretched Chrysler Ypsilon with its extra room.