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Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.

Nissan 370Z GT Edition launched

The black or white Nissan 370Z GT Edition It’s not always the first thing that springs to mind when  you think about Nissan, but they have had a fair chunk of success in GT racing, going all the way back to the ’70s. So with the ‘Limited Edition’ being one of the car makers’ favourite marketing tools, there is a certain logic in looking back to the ’70s for inspiration for the latest limited edition Nissan 370Z – the Nissan 370Z GT Edition. For those old enough – or for Nissan Z Car nutters – the retro graphic on the side will bring to mind the early Datsun 240Z.

McLaren P11 at Nurburgring – launch imminent

The McLaren P11 has been pounding round the Nurburgring ahead of a launch on 9th September Ahead of the launch of the P11, McLaren are pushing on with testing the P11, and our picture here is of the P11 pounding round the Nurburgring in final testing. The McLaren P11 is the first stage of McLaren’s plans to launch a range of three new cars in the next few years. The P11 is aimed directly at the new Ferrari 458 Italia and the Lamborghini LP560-4.