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Fiat buys remaining stake in Chrysler (2014)

By 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.

The world’s quickest fast food delivery vehicle

Only in Dubai would you find a Jaguar XJ220 being used for fast food deliveries. This land of supercar excess will see an XJ220 deliver burgers, fries and shakes across the Emirate state. The car will be used by Mooyah, a posh new burger chain opening in Dubai’s Battuta mall.

New Aston Martin DBS Villa d’Este debut this weekend

New Aston Martin DBS Villa D’Este debut The new Aston Martin DBS – codename AM 310 – will debut this weekend at the Concorso d’Eleganza Villa d’Este. UPDATE: The new Aston Martin DBS has been revealed at Villa D’Este The replacement for the Aston Martin DBS – which still doesn’t have a name but is being called Project AM 310 by Gaydon – is heading on a trailer to the Concorso d’Eleganza Villa d’Este on the shores of Lake Como for a world debut this weekend. Due to go on sale at the end of the summer, the AM 310 is, say Aston Martin, 75 per cent new.