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Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.

Bugatti Atalante sells for £3 Million

Back at the turn of the new year, we brought you news of a Bugatti Type 57S Atalante that had been found in a barn in the North East, after the death of its owner, a Dr Harold Carr. We speculated on its price, for which estimates varied hugely, with some reports suggesting that a price up near £7 million was likely. We plumped for £3,000,000 and, probably more by luck than judgement, we were bang on the nail!

New Land Rover Concept at Frankfurt – Project Icon lives?

New Land Rover Defender Concept expected at Frankfurt Last week AE ran a report that suggested Land Rover were considering dumping the iconic Defender from their range as it was perhaps too difficult to find a cost-effective way to update it. Which we didn’t buy for a minute. As far as we can see, the Land Rover Defender is so iconic that Tata would have to find a way to keep it viable and in production even if they lost money on every Defender they built.