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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger

Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.

Volkswagen plans return of Microbus

An expanded lineup of Beetle-themed cars are in Volkswagen's future, including a Microbus model that we have seen in various concept forms over the past decade, according to Auto Express. When Volkswagen renews the Beetle in 2019, it will also debut a crossover, coupe and a mini-MPV, all based on the MQB architecture that underpins the new Golf. Even though plans of an MPV rebirth date back to the introduction of a number of concepts in the early 2000s, Volkswagen hadn't pulled the trigger on putting an homage to the Bus (known as the Kombi in most of the world, or Camper in the U.K.) intro production for a number of reasons.

VW diesel cars to get misfueling protection mods

Volkswagen plans to refit more than a quarter million 2009-12 diesel cars to prevent North American customers from mistakenly pumping gasoline into the fuel tanks. The service action covers 209,500 cars in the United States and 51,600 in Canada. Affected models are the TDI versions of the 2009-12 Jetta, 2010-12 Golf and 2009-12 Jetta Sportwagen, called the Golf Wagon in Canada.