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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger
Tue, 04 Jan 2011Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.
2014 Range Rover Sport: Video, Photos, Configurator & Specification
Sun, 31 Mar 2013With the 2014 Range Rover Sport now in the open after its debut at the New York Auto Show, we have video, photos, detail, spec and the Range Rover Sport configurator. James Bond reportedly got paid $1 million to drive the new Range Rover Sport briefly through Manhattan and Land Rover got endless column inches online and in print, trending status on Twitter and countless mentions on Facebook et al. So, a triumphant launch for Land Rover – and probably the star of the New York Auto Show too – and a great start for the new version of what has been Land Rover’s best-selling car until the Range Rover Evoque landed.
Koenigsegg One:1 officially revealed – it’s not a Supercar, it’s a MEGACAR
Fri, 28 Feb 2014The Koenigsegg One: 1 (pictured) officially revealed ahead of Geneva Cars UK exclusively revealed the first details of the Koenigsegg One:1 back in November 2012, and now it’s heading for its public reveal at the Geneva Motor Show next week. So extreme is the One:1 that Christian von Koenigsegg has dubbed it ‘The world’s first MegaCar’, and looking at the specification he may have a point (it has 1 Megawatt of power). The Koenigsegg One: 1 produces a massive 1340 hp and over 1000lb/ft of torque an weighs 1340kg – the world’s first 1:1 power to curb weight ratio supercar – enough to deliver 2G cornering capability together with 610KG of downforce at 160mph thanks to active under and over body aerodynamics.