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Chrysler's main creditors reach deal with U.S.; others hold out
Tue, 28 Apr 2009The 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.
Goodwood Revival 2009 – Starts today
Fri, 18 Sep 2009The Goodwood Revival this year concentrates on all things 'Mini'. This year’s theme is ‘Swinging Sixties’ which gives us the excuse to run the shot of the Mini-Skirted lovelies at the top. There will be a recreation of Carnaby Street from its sixties heyday, with Saturday being ‘Ladies Day’ with the encouragement to wear the shortest skirts possible (I think there should be a ‘Leg Judge’ to qualify the participants, though – I know, chauvinist pig).
Vauxhall revives Viva name for new budget car
Fri, 12 Sep 2014Vauxhall has confirmed it will bring back the “Viva” nametag for a new small, budget hatchback, set to go on sale in the UK from summer 2015. The new 2015 Vauxhall Viva will make its debut at next month’s 2014 Paris Motor Show. On Bing: see pictures of the 2015 Vauxhall Viva Find out how much a used Vauxhall costs for on Auto Trader According to Vauxhall, the Viva will be the latest addition to the firm’s small car range and will sit alongside the Adam city car and the new Corsa supermini.