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Chrysler repays $7.6 billion in outstanding U.S., Canadian loans

Chrysler on Tuesday repaid $7.6 billion in loans to the U.S. and Canadian governments, nearly two years after the No. 3 automaker was rescued.

New Chevy pickup gets luxury trim

General Motors plans a luxury trim level for its next-generation Chevrolet Silverado pickup, its answer to the leather-swathed top offerings of its rivals. GM will name the model the High Country, according to dealers briefed on the plans during a national Chevy dealer meeting this month in Las Vegas. It's a response to the proliferation of high-end pickup models, such as Ford's F-150 King Ranch and Limited and Ram's Laramie Longhorn, which have sticker prices that can top $50,000.

Nissan unveils new generation 'black cab'

NISSAN has unveiled its new ‘black cab’, adapted specifically for London and designed to win business from cabbies looking for a more reliable, more functional and less polluting vehicle. This year, emissions legislation will force many older taxis off the road, and noting the financial struggles of Manganese Bronze, the makers of the traditional black cab, Nissan has seen the opportunity to muscle in on the market. The famous London taxi design has come in for much criticism from cabbies for its unrefined drive, patchy reliability and questionable cabin ergonomics.