Group that balked at the sale of Chrysler has shrunk to 5 members: Group G Capital Partners, Schultze Asset Management, Foxhill Capital Partners, OppenheimerFunds and Stairway Capital. The group of lenders that had balked at the government-orchestrated sale of Chrysler has grown noticeably smaller in the week since the automaker filed for bankruptcy.
Chrysler raises incentives to move more cars
Chrysler said Wednesday it is offering up to $6,000 worth of incentives as it races to emerge from bankruptcy protection and counter a prolonged U.S. sales slump.
Speed camera boss Tom Riall banned for driving over 100mph
A senior executive at Britain’s biggest speed camera firm was banned from driving for six months today after he admitted travelling at more than 100mph.
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