Belt, Compressor (bando) on 2040-parts.com

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.

Ferrari P540 Superfast Aperta revealed

The Ferrari P450 Super Aperta created for US businessman Edward Walson Special, one-off Ferraris are the preserve of the very wealthy. Whether they’re made by Ferrari or Pininfarina or Zagato, they command a price that is beyond the reach of mere mortals. Cars like the James Glickenhaus Ferrari P4/5 (and now the competizione version) cost millions.

2014 Morgan Plus 8 Speedster is a retro road racer

Morgan is celebrating 100 years of building cars at its factory at Pickersleigh Road in Malvern with what it promises will be a series of special vehicles, appearing throughout 2014. The first of these is the Plus 8 Speedster– and it is special indeed. For starters, as the Speedster name implies, it comes without a traditional windscreen and roof.