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Subaru’s WRC Impreza rally car (2008): first pictures

By Nick Gibbs First Official Pictures 21 May 2008 09:37 Subaru has surprised the rally world by announcing it will launch its new WRC Impreza at next week’s Acropolis Rally in Greece, two events earlier than expected. The Prodrive-developed five-door WRC car, which is based on Subaru’s hatchback Impreza, uses the same 2.0-litre turbo engine that powered the old rally car, but does away with the traditional yellow lettering in favour of Subaru’s silver and white corporate logo. Hardcore fans panic not: the blue paintwork and iconic gold wheels stay.

Ford Focus given street art makeover

A Ford Focus was transformed into a work of art yesterday by six street artists in Glasgow city center as part of the Ford UK Centenary Tour. Outside the Glasgow Royal Concert Hall, the six artists worked out of a public studio to use their talents to liven up the bodywork of a new Focus. The artists – Lyken, FiST, Syrkus, Rue 5, Death Rattles and Al White – are all from Glasgow's Independent Recoat Gallery, and spent six hours on their colorful designs.

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.