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Car April Fool Stuff: From Chips Away to BMW

Chips Away’s new APP removes dents in cars The car news on April 1st always includes a chunk of April Fools, and this year is no different with some good, some bad and some quite lame. The people that take the everyday knocks out of your car at home – Chips Away – have come up with a DentsAway App – in conjunction with ALA – that will uses a Smartphone’s electro-magnetic pulses to ionise the metal on a car dent and pull it back in to shape. Chips Away and ALA have used their April 1st announcement as the chance for a giveway, with three winners getting a pair of tickets for the Goodwood Festival of Speed this year if they share the video (below) on Facebook or Twitter.

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.

Big Spenders Flock To Bohnams Festival Of Speed Auction

GOODWOOD’S Festival of Speed might be famous for the action on its famous hill, but there’s more to the self proclaimed ‘world's largest motoring garden’ than just the racing. And just to prove the point, this year the annual Bonhams sale earned a staggering £22.6 million on the Friday of the event. The star attraction was a 1954 Ferrari 375-Plus, as used in iconic road races such as the Mille Miglia, Targa Florio and Carrera Panamericana, which sold for £10.7 million following a fierce battle between bidders.