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Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.

Vauxhall VXR8 Bathurst Edition blows in

Nobody could ever accuse the Vauxhall VXR8 (the Holden by another name) of being underpowered. Its barn-storming performance and bargain price tag have made the VXR8 a worthy successor to the Lotus Carlton. Relatively simple mechanics and a great driving car, there really is nothing else like it on the roads in the UK.

BMW M Performance Editions (2012) official pics, pricing

BMW has announced prices for its M Performance limited-run editions of the M3 coupe and M5 supersaloon. Brace yourself: both command around a £20,000 premium over the standard versions. The M3 comes in at £74,080, and the M5 is £95,140.