Outboard Lower Cowling Front Section # 305438 Evinrude Johnson 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.

Nismo enters a new era

Nissan made Nismo its exclusive performance car and motorsports brand at its new global headquarters in Yokohama, Japan. CEO Carlos Ghosn declared the building open at a ribbon-cutting ceremony on Monday. Even though Nismo has been tuning cars for Nissan for almost 50 years, its first true production car didn't hit the streets until the Nissan Skyline 2000GT.

Electronics is the Buzzword in Las Vegas

So there we were in a 2012 Focus parked in the HD radio booth getting a demo of the many fine features available to HD radio owners, when who should pop his furry red head into the window? It was none other than Ford CEO Alan Mulally. And the Blue Oval boss wasted no time immediately trying to sell the HD radio engineer sitting in the car on a shiny new a Ford.