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Hurst, Texas, United States
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Fiat CEO confirms he wants alliance with Opel
Fri, 01 May 2009Fiat S.p.A.'s boss has confirmed that the automaker wants to form an alliance with General Motors' German subsidiary Opel. "Now we have to concentrate on Opel. They are our perfect partner," CEO Sergio Marchionne told Fiat-owned newspaper La Stampa in a story published Friday.
Porsche to take majority stake in VW for £7bn
Fri, 07 Mar 2008By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.
Alfa Romeo 4C: Interior revealed & 236bhp on offer
Mon, 25 Feb 2013Alfa Romeo has revealed the interior of the Alfa 4C ahead of its debut at Geneva 2013 and confirmed 236bhp from its 1750cc engine. We get the first view of the interior of the 4C, which is pretty impressive. Lots of exposed carbon fibre is on offer with the dashboard and door panels getting an ‘Asphalt’ treatment to make you thing ‘Road’ and ‘Alfa 4C’ as synonymous.