Mas Industries T2156 Outer Tie Rod End on 2040-parts.com

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.

East meets West at NDE

Nissan opened the doors to its European design studios late last month, part of the Japanese automaker's first ever participation in the London Design Festival events in London, UK. Showcasing the works of 20 designers under the theme of 'East meets West: the cultural crossroads of creativity', the exhibition also included a ‘Pecha Kucha' event with presentations from a further six influential designers. Held in Nissan Design Europe's ground floor conference rooms, the exhibition presented pieces from artists and designers around the world working across various disciplines, including photography, Fine Arts, textiles, product design, fashion and ceramics.

LA Motor Show: New Subaru WRX gets downsized engine

SUBARU has revealed a production-ready version of the WRX concept first seen earlier this year. The latest edition of the performance saloon may not be coming to the UK at all, but Subaru has finally given the 268bhp machine the go-ahead for Japan and North America. A new 2.0-litre ‘boxer’ engine carries on the brand’s tradition, bringing with it the same low centre of gravity as the old 2.5-litre unit but with greater environmental credentials.