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Stunning 'McRae' Ford Escort rally car for sale

A STUNNING classic rally car with connections to three members of the McRae family is set for auction in February. The 1977 Ford Escort MK2 RS1800 Gp4 is, to many people, an icon of the golden age of rallying, and this example has huge provenance in its connections to Jimmy McRae and his two sons, the late Colin McRae and younger brother Alister. Prepared by specialists Prepfab Motorsport Engineering, the car was driven to victory by Jimmy McRae in the 2006 Roger Albert Clark rally.

MG6 Diesel launches – price from £16,995

The much needed diesel version of the MG6 has launched, offering a diesel engine in the new MG for the first time. Priced from £16,995. The now Chinese-owned MG hasn’t had overwhelming success with its MG6 so far, but much of that can be put down to the lack of a diesel-engined offering in a marketplace that has become diesel obsessed.

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.