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Jaguar XK Diesel spotted?

Is this the Jaguar XK Diesel We’ve run the odd story over the last year or two about the possibility of Jaguar creating a Jaguar XK Diesel. But it hasn’t happened. Yet.

Suzuki Cervo

Suzuki is a relatively low-key brand without the variety of models nor media exposure afforded by rivals, so it might be surprising to learn that over the past fifty years they have not had an annual loss, while their growth rate in Europe since 2000 is on a par with Toyota's. With sales figures now snapping at the heels of Renault, Suzuki has just launched the Cervo, a new car for the K-class segment in Japan. The Suzuki Cervo follows the popular Grand Vitara and award-winning Swift, and has also been dubbed stylish and sporty.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.