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Fiat finishes buying Chrysler

The Chrysler Group is now wholly owned by Italian carmaker Fiat. The company announced on Jan. 1 that it made a $4.35 billion deal to acquire full control of the Pentastar.

Kia announces upcoming concept

Kia will unveil an, as yet, unnamed concept car at the Geneva motor show this March. The concept, which the carmaker calls ‘provocative and racy', features a new take on Kia's signature tiger nose aesthetic that integrates the headlamps into the grille design in a narrow, full-width strip. The lamps themselves seem to be contructed of a pixelted, mesh-like light source.

Hyundai increasing European production to 500,000 a year

Hyundai are upping production in Europe to 500,000 per annum There’s an awful lot of sense in car makers designing and building cars for the markets they serve locally, and it’s a route Hyundai has followed in Europe, where the majority of their sales are of European built models, not imports. With Hyundai sales still growing despite the European car market meltdown, Hyundai are increasing capacity in Europe to keep up with demand with further investment in their plant in Ízmit, Turkey. Originally, the Ízmit plant produced just 60,000 cars a year, but in 2007 that was increased to 125,000 and now it is being increased to 200,000 so the new i10 can be built there as well as the latest i20.