Perko Stainless Rail Mount Rod Holders on 2040-parts.com

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.

Audi confirms 2016 Q1 compact SUV

Audi Audi has confirmed it will begin production of a premium compact crossover Q1 model in 2016 to rival the MINI Countryman and Nissan Juke. The Q1 will be Audi’s entry-level off-roader, sitting below the current Q3, Q5 and Q7 SUVs. On Bing: see pictures of the Audi Q1Find out how much a used Audi Q3 costs on Auto Trader In confirming the Q1, Audi chief executive officer Rupert Stadler highlighted, "the Q1 is a key component of our [Audi’s] growth strategy." The German manufacturer’s A1 supermini has proved a success following its introduction back in 2010, and now the four-ringed firm wants a slice of the market in the compact off-road sector.

Kia Track'ster (2012) first official pictures

After all the pre-launch teasing, Kia today slid the covers off the new Track'ster at the 2012 Chicago auto show. It's a slammed, hot hatch vision of what the Kia Soul could become, were the Koreans brave enough to battle it out among the VW Golf GTIs and forthcoming Polo R pocket rockets. Conceived at Kia's Californian design studio, the Track'ster is designed as a road and track car.