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Japanese Grand Prix 2012: Vettel on pole for Red Bull

Red Bull’s Sebastian Vettel has taken pole position in tomorrow’s Japanese Grand Prix at Suzuka, ahead of team mate Mark Webber. It looks like Red Bull have found form again ahead of tomorrow’s Japanese Grand Prix, with Sebastian Vettel taking pole position and Mark Webber in second place. Behind the Red Bulls is Jenson Button in the McLaren, although he’ll actually start five places back after a penalty for changing a gearbox after Singapore – probably wise after Hamilton retired in Singapore after his gearbox gave up the ghost.

Toyota, Honda soar in May comeback; Chrysler extends gains

Chrysler Group posted a 30 percent increase in sales last month and General Motors and Ford rebounded from April declines as the U.S. auto industry showed signs of a sharp recovery from weak results a year ago. Toyota Motor Corp.

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.