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Ford begins building 1.0 Ecoboost, a microsized 3cyl

Ford chief exec Alan Mulally was in Essex today to launch the first 1.0-litre Ecoboost engine, which was developed by powertrain engineers at Dunton and Dagenham. The new 999cc triple will be built at Cologne in a new ￡110m production line – and will first be seen in the new Ford Focus in 2012. How powerful is Ford's new 1.0 Ecoboost?

Fiat buys remaining stake in Chrysler (2014)

By 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.

Porsche Panamera to receive long-wheelbase treatment for 2012

Porsche is developing a long-wheelbase version of the Panamera in a bid to satisfy demand for greater rear-seat legroom from customers in North American and China. Details remain sketchy, but insiders at the company's research and development center in Germany have indicated to AutoWeek that the 115-inch wheelbase of today's Panamera will be extended by almost five inches, taking it up to nearly 120 inches. By comparison, the long-wheelbase version of the Mercedes-Benz S-class boasts a 124-inch wheelbase.