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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.

Bentley-designed Santa’s sleigh

By Tim Pollard First Official Pictures 17 December 2008 14:30 We reckon Father Christmas is probably a bit of a Bentley guy: he has a large number of miles to cover in speed and in great comfort – and he needs something big and plush to look after all those presents. What better solution than something mixing the design class of a Bentley with the snow-covering ability of a downhill toboggan? Bentley designers John Paul Gregory imagined a futuristic Santa Azure Sleigh (complete with rifled tailpipes and exposed Bentley Blitzen powerplant), while Yunwoo Jeong turned the Continental GTC cabrio into a sleigh with quad-outrigged headlamps and begoggled Santa.

Acura promotes movie role with secret-agent kit

Rarely do the lengths to which a carmaker will go in promoting a product raise eyebrows here at AutoWeek, but it still happens from time to time. Case in point: Acura sent us a kit of secret-agent tests showcasing the role of its cars in the movie Thor. Touting the carmaker’s first stint in a major motion picture, the so-called Acura S.H.I.E.L.D.