How to buy a classic motorcycle in SA?

'There are a few things you need to consider,’ writes bike guru Dries Van der Walt.

Top family cars in SA

Wheels24's Janine Van der Post has gone from a 'SpeedQueen' to a supermom. Check out her list of top family cars.

Chrysler talks break down

2009-04-30 06:53

Detroit - Talks between the US Treasury Department and Chrysler LLC lenders aimed at cutting the carmaker's debt and keeping it out of bankruptcy broke down late on Wednesday, the Wall Street Journal reported, citing people familiar with the discussions.

The collapse of talks make it all but certain that Chrysler - 80% controlled by private-equity firm Cerberus Capital Management LP - will file for bankruptcy, the WSJ said, citing those sources.

According to people familiar with the matter, the talks broke down despite a revised offer from the Treasury of $2.25 billion to forgive $6.9 billion in Chrysler debt, up from its previous proposal of $2 billion, the WSJ said.

Chrysler has until the end of the day on April 30 to slash its labour and debt costs, and consummate an alliance with Italian carmaker Fiat SpA.

Failure to do so means further emergency government aid for Chrysler will be withheld.

Read more on:    detroit  |  usd

Inside Wheels24

Opel Astra 1.4T Enjoy auto – understated and smart new hatch

When it comes to the mid-size hatchback choice, there are a few default choices, a few bland ones… and some often overlooked cars. The Opel Astra hatch is an example of the latter, writes David Swanepoel. - Sponsored

There are new stories on the homepage. Click here to see them.