Arlen Ness Front Speaker Grills Chrome on 2040-parts.com

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.

Frankfurt 2011 - Best in Show

Given the array of new cars at motor shows, it's often difficult to pick one as the overall star of the show. While, in theory, there appears to have been a glut of new concept and production cars to choose from in Frankfurt, in reality there were less than a handful of marked standout designs. Here are our picks.

Lamborghini Urus SUV confirmed to arrive in 2017

The Urus will be VW Group’s lightest and quickest SUV – expected to best even the Porsche Cayenne Turbo – and will be built on VW’s new large SUV platform – the same platform that will underpin the Bentley Falcon SUV, Audi Q7 (and Audi Q9) and Porsche Cayenne – and will use a forged carbon composite structure from the central tunnel to the rear suspension to save weight. Power for the Urus is expected to come from the twin-turbo V8 we’ve already seen in the Bentley Continental GT and Audis, producing something in the region of 600bhp and perhaps even more if Lamborghini add a hybrid option to throw some electric assistance at the V8′s 600 horses. It seems likely the Urus concept will remain largely unchanged for production, although we could see some toning down of its more extreme elements, as Lamborghini look to add 3,000 sales a year to their annual total when the Urus hits showrooms.