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Spy-Shot Bonanza
Thu, 26 Jul 2012Below is a collection of reader-submitted spy shots. Frankly, we're stumped as to what these pictures show us, but speculation ranges from a BMW SUV in the first images, to a new BMW 7-series in the next set, to “your guess is as good as ours” for the last vehicle, caught testing in the Czech Republic. Your mission, should you choose to accept it, is to identify as many of the following images and report your guesses in the Comments section below.
Some secured lenders object to quick sale of Chrysler
Mon, 04 May 2009A 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.
BMW confirms X4 production
Thu, 22 Sep 2011BMW has confirmed plans for an X4 SUV, a spokesman told Autoweek. As the name implies, the ute would slot in between the X3 and the X5 and likely get an M variant. BMW would distinguish the X4 from the other models with a bolder face and perhaps a curvier body--much in the manner in which the X6 stands out from the rest of the SUV line.