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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.

Video: Design development of the 2015 Ford Mustang

Ford has released a series of videos coinciding with the world debut of the new Mustang exploring the exterior design, interior design and the color and materials behind the new pony. The three videos include exterior design director Joel Piaskowski with exterior design manager Kemal Curic, interior chief designer Doyle Letson with interior design manager William Mangan and Ford's group color and materials chief designer,  Susan Lampinen. Each take us through the key decisions made in their respective areas in the creation of the new, global Mustang.

Barrett-Jackson Palm Beach auction rakes in $18 million

Barrett-Jackson's Palm Beach auction concluded on Sunday with more than $18 million in sales at the South Florida Fairgrounds. A 2011 Ford Mustang Shelby GT500 crossed the block for $1,000,000. That sale benefited the Wounded Warrior Family Support charity, which is not to be confused with the Wounded Warrior Project.