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Fiat set to grab 51 per cent of Chrysler

Sergio Marchionne wants majority at Chrysler What a difference a couple of years makes. On May Day in 2009 we reported that Chrysler had been put in to Chapter 11 Bankruptcy and the US Government was stepping in to ease the pain with $7.5 billion (admittedly at somewhat less than mates-rates) and that the management were ‘leaving the building’. Step forward Fiat to take up a 20% stake in Chrysler and Fiat boss, Sergio Marchionne, who planned to lead Chrysler away from the dark side and in to the light, with the promise of smaller and more efficient platforms and engines.

Mitsubishi PX-MiEV Concept at Tokyo

The Mitsubishi PX-MiEV Concept - a hybrid crossover The ‘PX’ bit of the name is Mitsubishi’s code for Plug-in Hybrid Crossover (saves a bit of room on the boot lid), so the PX-MiEV gets a 1.6 litre 4-pot to drive the front wheels together with an electric motor. An additional electric motor is used to power the rear wheels when circumstances dictate. The PX-MiEV can also run for up to 30 miles in EV mode, after which it turns in to a hybrid to drive and recharge the batteries.

Hyundai enlists Flaming Lips for Super Bowl ad

We previewed a couple of Hyundai's Super Bowl spots -- focused largely on speed and power -- earlier in the week. The Sonata ad was a trifle of pedestrian whimsy, while the Genesis sedan R-Spec spot grated, grated and grated some more. Now, with the kickoff looming, the Korean automaker's loosed its marquee ad, promoting the 2013 Santa Fe, upon the YouTubifying unwashed.