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Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Sonoma Historic Motorsports Festival is full

Steve Earle, the granddaddy of vintage racing in America, has picked 375 historic race cars to fill the field at his Sonoma Historic Motorsports Festival, June 5-6 at Infineon Raceway in California's wine country. "The cars are the stars," said Earle. "And when they aren't racing, they are easily accessible in this area for the fans for that up-close and personal experience of inspecting engines, talking with owners or otherwise learning more about the sport and the restoration and maintenance of vintage cars." Earle said the event will continue the tradition of the Monterey Historic Automobile Races, which he founded 37 years ago.

Good Ideas Salon, Tokyo

To discuss ‘pure living' as a concept, Nissan and trends company PSFK hosted the Good Ideas Salon in Tokyo on 20 October 2009; a moderated conversation between International and local guests explored how pure living manifests itself in design, technology, urban living and transportation. Panelist Marc Alt, founder of Marc Alt + Partners, a strategic agency dedicated to sustainability and social innovation, began the Salon discussion stating that, "Companies and individuals need to understand what it means to be green in their daily lifestyle choices. Sustainability is not just about creating energy-efficient resources, but being more efficient in how we use these resources.