1958 Chevy Impala Padded Dash End Cap 58 Convertible 348 Belair Nomad Gm Left S 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.

Volkswagen Golf GTI Adidas & Golf GTI Exclusive at Wörthersee 2010

The VW Golf GTI Adidas at Worthersee The Worthersee Tour is a big customisers event for Volkswagens held every year in May in Worthersee in Austria. It’s been a feature on the calendar since 1982 and was originally a meet up for owners of the original Golf GTI. Over the years it has become much more and we see all sorts of cars from the VW group such as the seven Audi A1 specials this year and the Audi Q5 Worthersee Concept last year.

A profile of Steve McQueen: Autoweek archives

For today's Autoweek archive feature, we are highlighting an article by Denise McCluggage from February 1981. McCluggage knew McQueen and recalls her encounters with the “King of Cool” through the years until his death. Before becoming a star, McQueen and McCluggage met over their mutual love of automobiles, more specifically the MG-TC, which both subsequently owned.