Vintage Retro Mopar Mesh Trucker Hat on 2040-parts.com

Ghosn wants to expand Daimler ties; calls alliance a ‘powerhouse'

With chatter swirling about potential expansion of the Renault-Nissan alliance, CEO Carlos Ghosn on Thursday put his support directly into expanding the automakers' relationship with Daimler AG. “We know we have a powerhouse,” Ghosn said in a media roundtable at the Paris auto show. “When you add the R&D of Renault, Nissan and Daimler, we are the largest in the industry,” Ghosn said.

New Volvo XC90 (2014) previewed by Volvo designers

Volvo's view on the 2014 XC90 The Volvo XC90 is still a capable cross between a luxury SUV and a Crossover (as we discovered recently when we played with the XC-90 R-Design for a week), but it is now very ancient. Launched in 2002, the XC90 has soldiered on essentially unchanged (bar some tweaks and the R-Design options), yet despite that it’s still a credible option with some very appealing traits. But it’s well past time to reveal a new XC90.

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.