Dwell Tachometer Tester on 2040-parts.com

Mercedes-Benz plans teen-driving school

Mercedes-Benz plans to open a driving school for teens in the United States late this year. The school will be modeled on one that Mercedes launched in the United Kingdom in 2009. The location of the school and the program cost won't be disclosed until the end of April, a company spokesman said.

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.

Aston Martin Cygnet planned for 2011 production

Aston Martin said on Monday that the Cygnet--a reworked version of the Toyota iQ city car--will go into production in 2011. The Cygnet, which was shown as a concept car at the Geneva motor show in March, is just less than 10 feet long. "Our customers need a small car for urban and city use and they want the right tools for the right job, to downsize creatively without compromising intelligence, artistry and personality," said Aston Martin CEO Ulrich Bez.