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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.

Toyota Urban Utility concept embraces maker movement

Toyota has unveiled a concept designed in response to the maker movement. Called the Urban Utility, or U2, the vehicle is intended to appeal to those who have embraced maker culture - the trend of learning new practical skills, embracing new construction technologies like 3D printing, and applying them in an inventive and often entrepreneurial way. The U2 will be unveiled at the World Maker Faire in New York City on 20 September and was designed at Toyota's Calty studio in Newport Beach, CA.

Hyundai shows its Blue2 hydrogen-fuel-cell vehicle in Seoul

Hyundai Motor Co. has unveiled a hydrogen fuel cell concept vehicle called the Blue2 that takes the South Korean automaker deeper into alternative-drivetrain territory. Hyundai is banking on the car to propel it to a leadership role in the race to commercialize fuel cell electric vehicles, a contest joined notably by such Japanese rivals as Honda Motor Co.