2001 Ski Doo Summit / Mxz 800 Mikuni Carbs on 2040-parts.com

SRT Viper gets refresh in 2015, product plan shows

Chrysler Group will bolster the Fiat brand but has dropped plans to add Fiat-derived small cars for Chrysler and Dodge this year, according to a new long-range product plan revealed Wednesday. The new plan updates Chrysler's five-year North American product outlook that it presented in November 2009. The update extends the outlook into 2016.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.

Lotus's glimmer of hope: Proton stands by Hethel

After another painful year of sales for Lotus in the UK – down 58% on 2011 - Norfolk's beleagured sports car brand has kicked off the New Year with the grand unveiling of its new flagship Malaysian showroom, and the thumbs-up from senior Proton company suits that Lotus isn't on its last legs. The announcement comes in the same week Lotus’s sales figures were released for 2012. Showing a substantial 58% decrease in sales and selling just 137 vehicles, Lotus Cars was the worst performer in the UK with a woeful 0.01% share of the market.  Are Lotus's Malaysian owners sticking by the company?