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BMW and Merc to join forces

By Georg Kacher Motor Industry 08 February 2008 13:03 CAR Online today reveals the extent to which BMW and Mercedes are plotting to cooperate on future models. In a wide-ranging plan, the two German premium marques could join forces to take on the might of Audi, with its backing and economies of scale of the whole Volkswagen group and, increasingly, Porsche. BMW chairman Norbert Reithofer and his counterpart at Daimler, Dieter Zetsche, are coming to the conclusion that the two brands – for so long, fierce rivals – should work together rather than fight against each other.

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.

Marcello Gandini laments today's 'fake' concepts

Marcello Gandini has branded current concept cars fakes and "little more than maquettes" in an interview about Bertone's extensive concept car history. The enigmatic designer, whose work with the design house stretches back to the late ‘60s, expressed his dislike of today's "fiberglass cars" and claims they can't hold a candle to the well-built concepts of old. He praises Nuccio Bertone's vision and his insistence on producing fully working, "almost driveable" concepts throughout the coachbuilder's existence.