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Fiat buys remaining stake in Chrysler (2014)
Fri, 03 Jan 2014By 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.
Mercedes Ener-G-Force: The shape of SUVs to come
Wed, 14 Nov 2012The Mercedes Energ-G-Force, which will debut at the Los Angeles auto show, could be the shape of Mercedes SUVs to come--if you like it. “If people really like it and reaction is good then yeah, we might have to think of making it happen in reality,” said designer Huey Lee, who was part of the team that penned the Energ-G-Force at Mercedes' Advanced Design Studio in Carlsbad, Calif. Metalcrafters built the carbon fiber composite roller you see here.
Goodwood Festival of Speed gets a Phantom Coupe
Thu, 26 Mar 2009Tom Purves of Rolls Royce handing over a Phantom Coupe to Lord March for the Goodwood Festival of Speed [ad#ad-1] We brought you news of the launch details for the 2009 Goodwood Festival of Speed last week, and today it has been announced that Rolls Royce has lent the Goodwood Festival of Speed a Rolls Royce Phantom Coupe as the official Course Car for this year. Now a Phantom Coupe is not the first car you would think of as a course car. Bit too expensive and not exactly capable of massive feats of performance (although it is, at least intil the Silver Ghost arrives, the most ‘Sporty’ of the Rolls Royce models), but it fits the Goodwood event perfectly.