Magnaflow 11225 Muffler 2.25" Inlet/2.25" Outlet Stainless Steel Natural Each 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.

Chrysler, Hyundai set pace as auto sales rise 11 percent

Chrysler Group, Volkswagen Group, Hyundai and Kia set the pace as U.S. light vehicle sales rose 11 percent in January from a year ago, signaling the industry's recovery is gaining traction. Chrysler's sales advanced by 44 percent last month, and volume climbed 40 percent at the Volkswagen Group.

MINI at the Detroit Motor Show – Video trailer

The MINI Beachcoimber will be one of the stars of the NAIAS Next week sees the start of the 2010 Detroit Motor Show – the first big Motor Show of the season. And there will be lots of new stuff – and some not so new – and maybe even a surprise or two we don’t yet know about. So the teases are now starting in earnest for the NAIAS and MINI has put together a video trailer for the goodies it’s planning on bringing to the party.