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.

VW Golf R – US bound

VW Golf R - US bound We like the VW Golf R. It’s a hot-hatch for grown-ups. A car that can be pootled around town when you’re just going about your everyday business; shops, kids; errands.

Citroen DS4, DS3 R3 and Survolt UK debut at Goodwood FoS

Citroen DS3 R3 - in action on Goodwood's Rally Stage We’ve already had a wave of Goodwood Festival of Speed announcements on cars getting their UK debut, from the Jaguar XKR-S to the Mugen Honda CR-Z. And now it’s Citroen’s turn for a few debut announcements. Probably the most significant is the first public viewing in the UK of the next iteration in the DS range – the Citroen DS4, which was actually revealed almost a year ago.