Putco Lighting 279007 Nite-lux Led Kit on 2040-parts.com

Chrysler brand will handle Fiat 500 in U.S.

The Chrysler brand will handle U.S. distribution of the Fiat 500 minicar, said Peter Fong, Chrysler brand CEO and head of sales for all Chrysler Group brands. Fong said the 500 most likely will have a dedicated corner in Chrysler-brand showrooms.

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.

One Lap of the Web: Dancing grandmas, fun with captions and drunken driving

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Here's your daily giggle: Watch some dancing grannies cruise in their Mitsubishi i-MiEV in an ad for Cambio, a Belgian car-sharing company.