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Fiat buys remaining stake in Chrysler (2014)

By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.

Film Friday: Auburn Speedster tackles the Bonneville Salt Flats

Inspired by a recent trip to the Auburn Cord Duesenberg Museum in Auburn, Ind. (more to come on that soon!), we're diving into the historical film archives for some A-C-D goodness. And it doesn't really get any better than vintage footage of the classic Auburn 851 Boattail Speedster tearing up the Bonneville Salt Flats circa 1935 followed by a demonstration of the big Duesenberg streamliner, “The Mormon Meteor” thundering across the lake bed.

Mini E Hits Europe

The Mini E is by no means a finished car; it is in fact a prototype which BMW has decided they will rush forward by letting motorists do the real-world testing. I appreciate the logic in this, but I’m still far from convinced that EVs are the way forward. Mini E Hits Europe It’s hard to see how BMW can lose on this.