Chrysler Oem Dodge Engine Mount Bracket 53034078ab Image 8 on 2040-parts.com

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

Stratospheric price for Volkswagen's 'future car'

IF YOU want tomorrow's car today, you're going to have to pay for it. Volkswagen has announced that the ultra-futuristic XL1 will sell in the UK for more than £98,000. The first XL1 was delivered to a German customer in May, with UK buyers now lined up to take a share of the 200 that are due to be built.

New 2014 Citroen C1 priced from £8,245 in UK

Fresh from its debut at the 2014 Geneva Motor Show, Citroen has revealed that prices for its new C1 city car will start from £8,245 when it goes on sale in July. For that price, buyers will get the entry-level C1 Touch with the 1.0-litre VTi, 68hp engine. Touch is the lead-in trim level and includes remote central locking, electric front windows, six airbags, an MP3 compatible audio system, a USB socket and LED daytime running lights.