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Fiat buys remaining stake in Chrysler (2014)
Fri, 03 Jan 2014By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.
Mercedes-Benz A-Class interior revealed
Thu, 23 Feb 2012Mercedes-Benz has released the first interior images of its new A-Class, which will make its world debut at Geneva next month. The interior design was made public as part of Mercedes' announcement of its new iPhone integrated media system, set to feature within the A-Class. The technology involves hardware called Digital Kit Plus as well as a Digital DriveStyle App, and Mercedes hopes that these inclusions attract a younger generation of drivers, as previewed by Dr.
Euro NCAP crash tests: hybrids score full marks
Wed, 26 Aug 2009By Tim Swietochowski Motor Industry 26 August 2009 14:49 The Toyota Prius 3 and Honda Insight are among seven new cars to achieve five-star safety ratings in the latest Euro NCAP crash tests out today. Dr Michiel van Ratingen, Euro NCAP’s secretary general said: ‘The technology andknow-how is out there for car makers to deliver vehicles with better pedestrianprotection. Honda and Toyota are giving us a glimpse of the cars of the future thatconsider the natural and social environment in its entirety.’ A Toyota official said hybrids posed new problems for its engineers.