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Chrysler repays $7.6 billion in outstanding U.S., Canadian loans

Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.

Lotus Clark Type 25 Elise SC (2008): first official pictures

By Ben Pulman First Official Pictures 05 June 2008 11:41 Lotus has unveiled its first special edition supercharged Elise. Dubbed Clark Type 25 Elise SC, the new model commemorates legendary F1 driver Jim Clark, who died 40 years ago at Hockenheim. Inspiration comes from the Type 25 F1 car Jim Clark won the 1963 world championship in, so the SC is British racing green with a central yellow stripe, plus black and silver Lotus Sport wheels.

Daimler-Renault alliance to delay new Smart and Twingo models, report says

Renault SA and Daimler AG, who are sharing technology to build the new Smart ForTwo and Renault Twingo cars, will delay the introduction of the models by a year, according to a French newspaper. The cars will now come to market in 2014 instead of 2013, La Tribune said, citing industry sources. The next ForTwo and the third-generation Twingo will be built on Renault's A platform, with ForTwo production continuing at Smart's plant in Hambach, France, and Twingo output at Renault's Novo Mesto factory in Slovenia.