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Fiat makes bid to buy Opel

The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel. Klaus Franz, chairman of Opel's works council, on Thursday confirmed Fiat's interest in a takeover of General Motors' European subsidiary, suggesting that officials have cleared the way for the signing of a letter of intent as early as April 28. Opel has been in talks with parts supplier Magna International on a possible partnership over the past month.

Bio-Fuel Skycar to go in to production

Parajet's Skycar looks set for road-legal production in 2010 [ad#ad-1] Three months ago we brought you news on the plans of London Company Parajet International Ltd to take their Skycar on a trip to Timbuktu. Well, not only was the trip a great success – they arrived in Timbutu on 26th March – but the Skycar is now destined to go in to production next year. Bedfordshire Company Rage Motorsport, best known for producing Buggies, is to partner with Parajet to produce completely road-legal versions of the Skycar, with Rage producing the cars/buggies and Parajet adding the bits to make it fly (which makes sense!).

Audi sports car concept previews new TT (2014)

By Damion Smy First Official Pictures 06 December 2013 00:01 It may not look it, but this Detroit motor show-bound Audi concept reveals the design language that set the tone for the next Audi TT, due in mid-2014. The TT is a style icon for the brand, with its third-generation looking to use sharper, more aggressive lines from this showcar. While the concept – plainly named ‘The new Audi Show Car’ – rides on ridiculously large alloys and has ‘trademark all-road ground clearance’, and while it won’t form the basis of any particular new model.