Dodge Challenger SRT8 392 "Kowalski Edition"


A lot of us may be too young to remember the glory days of auto movies in the 70s, but for those old enough to remember a movie called Vanishing Point starring Barry Newman, this little tuning project may be if interest. In the movie, Newman plays the role of Kowalski, man who makes some sort of bet that he could take a white 1970 Dodge Challenger and drive it all the way the from Colorado to San Francisco in just 15 hours. Apparently, Vanishing Point was one of the most iconic car movies of the era, having enjoyed cult status to its fans, including one Bob Frederick.

As the dealer of New Wilmington Dodge and a long-time fan of the movie, Frederick decided to do something really cool to pay homage to one of his favorite flicks by unveiling a special edition model of the 392 Inaugural Edition Dodge Challenger SRT8 and calling it the ?Kowalski Edition?.

Hit the jump to read more about the Dodge Challenger SRT8 392 "Kowalski Edition."

Dodge Challenger SRT8 392 "Kowalski Edition" originally appeared on topspeed.com on Wednesday, 27 April 2011 20:00 EST.

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Source: http://www.topspeed.com/cars/dodge/2011-dodge-challenger-srt8-392-kowalski-edition-ar108705.html

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Chrysler announces plan to repay government loans

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Marchionne and Obama
Chrysler CEO Sergio Marchionne and President Barack Obama meet at Chrysler's Indiana Transmission Plant II

Remember a few months back when Chrysler/Fiat CEO Sergio Marchionne complained about the terms of the loans received from the government? "Shyster loans" is what he deemed them, a term for which he later had to apologize. But the answer was clear: if Marchionne and his compatriots don't like the terms of the loans offered from the public coffers, they were free to pay them back and refinance. And according to a statement released today from Chrysler headquarters in Auburn Hills, Michigan, that's precisely what they plan to do. And do soon, apparently.

The statement declares that Chrysler will pay back 100-percent of the loans taken out from the U.S. federal government, the Canadian federal government and the Ontario provincial government, sometime in the second quarter of 2011. That's the quarter we're currently in, by the way, meaning that if Chrysler sticks to the plan, the governments will be fully repaid by the end of June.

Of course, Chrysler hasn't recuperated all those funds from their revenues. Not just yet, anyway. Part of the money is coming from the increased shares which Fiat has bought in Chrysler, while the rest is coming from new (presumably privately secured) loans and debt securities that do not require registration under the Securities Act, which should help Chrysler refinance its debts more easily. Details in the press release after the jump.

[Source: Chrysler]

Continue reading Chrysler announces plan to repay government loans

Chrysler announces plan to repay government loans originally appeared on Autoblog on Thu, 28 Apr 2011 09:01:00 EST. Please see our terms for use of feeds.

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Source: http://www.autoblog.com/2011/04/28/chrysler-announces-plan-to-repay-government-loans/

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Source: http://feeds.gawker.com/~r/jalopnik/full/~3/vZQzs8hmSFY/99+year+old-woman-and-die+hard-nascar-fan-takes-hot-laps-on-nascar-track

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