Model T Ford Genarator Core on 2040-parts.com

Chrysler Financial gets $1.5 billion federal loan

The U.S. Treasury Department said today it will lend $1.5 billion to a new arm of Chrysler Financial Services LLC so that it can increase lending to vehicle buyers. The five-year loan carries a flexible interest rate.

For new CAFE rules, automakers place high-stakes tech bets

Game-changing 2015 fuel economy rules are forcing vehicle development teams to make high-stakes bets on expensive technologies--bets that will separate the winners from the also-rans. Not only do federal rules target a 2015 fleet average of 35.5 mpg, up from the current 27.5 mpg for cars and 23.1 mpg for light trucks; they force automakers to bet on different technology packages for each vehicle segment. Companies that do best at mixing technologies while keeping down costs will have an advantage when buyers wince at higher stickers.

BMW M5 30 Years Edition is OFFICIAL – it’s the ’30 Jahre M5′

The BMW M5 30 Jahre M5 (pictured_ celebrates 30 years of the M5 We revealed at the weekend that BMW were planning a special edition M5 to celebrate 30 years of the M5 and. as expected, BMW has now revealed the 30 Jahre M5 (30 years of the M5). As expected, the 30 year M5 gets a tweaked version of the 4.4 litre twin-turbo V8 found in the regular M5, but builds on the M5 Competition Package model by throwing an extra 25bhp in to the mix for a total of 592bhp (600PS).