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Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.

First Sight: BMW Zagato Coupé

"I've been looking for a way to collaborate with Zagato and Nori [Norihiko Harada, Chief Designer Zagato] for around 20 years," explains Adrian van Hooydonk, Senior Vice President BMW Group Design as we stand in the shadow of the magnificent Villa Erba. "Last year at this event we had a conversation and decided that it was the right time to do something." BMW and Zagato both have history associated with the Concorso d'Eleganza Villa d'Este – Europe's most glamorous car show – yet until last weekend the two illustrious names had never crossed paths. The BMW Zagato Coupé marks the first project between the two and the first Italian-designed car to wear the blue and white propeller since the 2003 Bertone Birusa.

Honda Accord Tourer (2008): first official pictures

By Ben Pulman First Official Pictures 24 January 2008 11:05 Honda has released the first pictures and video of the new Accord, but while the photos only offer us a tantalising glimpse, the accompanying short film shows nearly every exterior detail of the new Accord Tourer (nee estate). The Tourer appears to have changed little from the concept that was shown at Frankfurt in 2007. The profile remains the same, and apart from a switch to production lights, wheels, grille, mirrors and door handles the exterior has kept most of the concept’s flavour.