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Fiat and Chrysler to completely merge?

Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.

Hyundai to reveal Blue-Will plug-in hybrid at Seoul show

By Chris Chilton First Official Pictures 25 March 2009 14:15 Hyundai will reveal the Blue-Will, a dramatically-styled plug-in hybrid coupe, at the 2009 Seoul Motor Show that employs state-of-the-art lithium ion polymer batteries. The Blue-Will concept is powered by a direct injection 1.6-litre petrol mated to a CVT transmission. A battery pack mounted together with the fuel tank under the rear sat ensures cabin and luggage space doesn’t suffer and clever solar cells mounted in the glass roof panel generate power for the battery but don’t limit visibility through the glass pane Although the swoopy bodywork with its mixture of smooth curves and sharp intersecting hint at a future design direction for Hyundai, there are no plans to put the Blue-Will into production.

Tesla unveils Model S electric saloon (2009)

By Ben Oliver First Official Pictures 27 March 2009 09:00 Tesla last night launched the Model S, a seven-seat electric hatchback capable of 60mph in 5.5 seconds, with a range of up to 300 miles and a charging time as low as 45 minutes. When it goes into production in 2011 the Tesla Model S will cost US buyers around $50,000 (£34,600) after a federal tax credit. Without a tax break, European buyers can expect to pay closer to £50,000.