Motec C125 Color Dash Display - With Logging on 2040-parts.com

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

New Honda Fit to have three body styles

Honda Motor Co. plans to build three variants of its Fit compact, including a sedan version, at its Mexican plant currently under construction. The two other variants are the standard hatchback and a Fit-based crossover, said an executive familiar with the plans.

Formula One class of 2014: the official pictures

By Ollie Kew First Official Pictures 31 January 2014 11:30 The 2014 Formula One season is only weeks away. With 2.4-litre V8 engines in the bin and turbocharged 1.6-litre V6s with twice the electrical boost power powering the racers, a controverdial triple-points rule in Abu Dhabi, and wild-looking new nosecones thanks to the latest FIA crash regulations, the class of 2014’s machines are the most radically different F1 cars in decades. If the old adage of a pretty car being a winning car rings true this season, we suspect Sauber, Red Bull and Marussia will squabble for the title, with Caterham surprised to see themselves battling Lotus and Toro Rosso at the back of the field.