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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.

Top Gear in Lucca with Citroen DS3 Racing, Fiat 500C Abarth and Renault Clio RS

The TG boys in the Piazza in Lucca Lucca is considered by those who know it to be Tuscany’s best kept secret. With its 16th century walls all round the town, delightful piazzas and medieval centre it is all a picture-book Tuscan town should be. In fact, even though few know it well Henry James said of Lucca that it is “overflowing with everything that makes for ease, for plenty, for beauty, for interest and good example”.

VW: 'More masculine' Beetle will appeal to guys

Volkswagen expects many more men will buy the 2012 Beetle when U.S. sales of the redesigned version begin in September. And it wants younger customers, too.