1953 Mercury Mark 7 Phelon Mag, And Others. Outboard on 2040-parts.com

Volkswagen mulls new Phaeton for the US market

Volkswagen is giving some serious thought to bringing back the Phaeton sedan to the U.S., Automotive News reports. We haven't seen the Phaeton since 2006, when it was withdrawn from the North American market after lackluster sales. Built at the same factory as the much more expensive Bentley Continental GT and sharing much of the underlying mechanicals, the Volkswagen Phaeton managed to be a slower seller in the U.S.

New Peugeot 208 won’t spawn Estate or Convertible, but a 2008 SUV Crossover is planned.

There may be a new Peugeot 208 GTi (pictured) but no 208 CC or SW Peugeot has revealed that there will be no CC (Convertible) or SW (estate) versions of the new 208, but a 2008 SUV/Crossover is expected. The new Peugeot 208 has a weight of expectations resting on its new shoulders, with Peugeot finding sales harder to come by and hoping the new 208 may rekindle some of the sales fire the 205 had. So you’d think it would make sense to fill every possible niche imaginable with the 208, including spinning off various iterations in the style of MINI.

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.