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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: Holden VE Commodore and Statesman

GM Holden last week launched its biggest program ever, the $1 billion all-new Holden VE Commodore range. Designed at Holden's Port Melbourne design center, the 4th generation Commodore is the first all-new model of the series to be fully designed and engineered in Australia. Previous generations of Commodore since 1978 have always been based on lengthened and widened Opel large car platforms of the day but since the demise of the European Omega in 2003, GM lacked a suitable rear-wheel-drive donor platform for a new Commodore, hence the clean sheet approach for the latest VE model.

The fastest - and slowest - selling used cars revealed by Glass’s

The Mitsubishi Mirage and Ford Focus: the slowest- and fastest-selling used cars revealed by Glass's By Tim Pollard First Official Pictures 28 August 2014 12:17 The best and worst secondhand cars have been revealed in a survey revealing which models sell quickly and which hang around like a bad smell. The list, compiled by used-car pricing gurus at Glass’s, claims that the Ford Focus is Britain’s fastest-selling secondhand car. On average, it takes just 24.9 days to sell a Focus on the used market in Britain.