1976 Cadillac Luxury Deville Seville Calais Eldoradofleetwood Sales Brochure on 2040-parts.com

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.

BMW M3 GTS (2010) unveiled: a new M3 CSL first official pictures

BMW might not be producing an M3 CSL, but this is something much better. Called the M3 GTS it’s a stripped-out 450bhp road-racer designed to take on the Porsche 911 GT3 RS. It’s a response to those that thought M Division might have lost its way: 'The BMW M3 GTS which we are currently preparing in our BMW M production workshop is a response to frequently expressed customer wishes', said M Division’s CEO Dr Kay Segler at the unveiling.

Audi Q7 Project by Project Kahn

The Audi Q7 Project by Project Khan Having worked over the products of Land Rover in recent years to keep the orange inhabitants of Cheshire loftily mobile, Project Khan has now decided that Audi is deserving of its gifts and has set about ‘Khan-ising’ the Audi Q7. And actually, in many ways, the Audi Q7 benefits from some of Khan’s work. The Audi Q7 isn’t the most iconic or visually appealing SUV on the planet, and rather than detracting from what’s on offer some aspects of the Audi Q7 Project do enhance.