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Marchionne says he'll likely step aside from Chrysler in 2015 or 2016

Chrysler CEO Sergio Marchionne on Wednesday hinted that he will be stepping aside from the helm of the U.S. automaker within five years. During a question-and-answer session at the 2011 Management Briefing Seminars in Traverse City, Mich., the 59-year-old executive said Chrysler's future plans "will be up to the guy after me--after 2015 or maybe a year later….

2015 VW Passat price & specs – costs from £22,215

The 2015 VW on sale 7th October from £22,215 The latest Volkswagen Passat – the eighth generation, no less – was revealed in July as a sleeker, lighter and more upmarket Passat – one which could be an Audi if the badges were changed – as VW try once again to deliver a Passat that will make a real mark in its sector. Based on VW’s MQB platform, the new Passat gets a more rounded look, swept back headlights and a back end that looks more appealing and is set to go on sale on 7 October in VW’s UK showrooms. VW are only offering diesel engine options at launch, with a choice of a 118bhp 1.6 litre, a 2.0 litre with 148bhp or 187bhp and a 2.0 litre bi-turbo with 237bhp, DSG ‘box and 4MOTION.

Chrysler brand aims S line at younger crowd

With just four models and an average customer age of 62, Chrysler brand has the Chrysler Group's thinnest lineup, lowest volume and oldest buyers. But Chrysler has a plan to expand its offerings, boost sales and attract younger customers: a new line of vehicles, dubbed S, that arrives in the spring. The plan aims to keep traditional customers happy with the beige leather interiors, wood accents and chrome grilles they want, and woo younger customers with different styling in the S vehicles.