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Bugatti Galibier: 2013 launch – but you knew that

Bugatti Galibier will be built Well, I’ll go to the foot of our stairs, as my dad would have said. The Bugatti Galibier is going to get built and arrive in 2013. No less a source than Bloomberg says so.

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.

Australian Automotive Industry Design Night announced

The Australian Auto Industry Design Night is set to take place on 28 June despite the surprise cancellation of the Melbourne motor show. Traditionally held on the first day of the show, this year's Auto Industry Design Night will be held at Gasolina, South Wharf, Melbourne. Gasolina is a concept created by two friends Dean Johnson and Carl Cerra, who is also an industrial designer/clay modeler and has also worked throughout Europe, you can check it out here.