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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.

New venom for Viper

It appeared onstage for a few fleeting moments, more phantom than future sheetmetal. But like a ghost that won't go away or a car company that refuses to die, a reborn Viper has been penciled in for Dodge for 2012. A concept version of the next American supercar was shown in September in Orlando, Fla., by Chrysler CEO Sergio Marchionne to a convention center filled with thousands of people—most of them notoriously talkative car dealers.

Nissan raises Leaf prices, adds retail markets

Nissan North America said Tuesday that it will add $2,420 to the price of the base model of its hard-to-get, slow-to-build electric Leaf sedan. Compared to 2011 model year's $33,630 base price, including delivery, the 2012 model will begin at $36,050. The car's upper-grade SL model will sell for $38,100, an increase of $3,530 over 2011.