17x8 Black Rebel Racing Sahara 6x5.5 +0 Rims Discoverer Stt Pro Tires on 2040-parts.com

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.

GM recalls small cars to fix steering problem

A problem with the power-steering system is prompting General Motors to recall 1.3 million small cars. There have been reports of 14 crashes and one injury related to the steering problem, GM said on Tuesday. The recall covers 2005-10 Chevrolet Cobalts and 2007-10 Pontiac G5s sold in the United States.

Audi R8 GT Spyder arrives

Audi R8 GT Spyder - a mere £200k You didn’t think that Audi – Kings of the niche-fill – would settle for producing just 333 tin-top Audi R8 GT, did you? Of course not, so you’ve been expecting the next instalment in the race to make the most expensive Audi, and here it is – the Audi R8 GT Spyder. Just as it was with the R8 GT Coupe, the R8 GT Spyder will be limited to just 333 cars and all of those will come in LHD, even though Audi expect 30 to be sold in the UK.