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German courts rule Prym Mercedes 500 K Roadster belongs to heirs

A very rare 1935 Mercedes 500 K Roadster owned by Dutch collector Frans van Haren has been declared the property of the heirs of the car’s first owners. When Frans van Haren, a Dutch car collector, bought a rare 1935 Mercedes 500 K Roadster at RM Auctions Montery sale last year he knew there was no declared history prior to 1970. Even so, he paid almost $4 million for the car.

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.

New high-performance BMW X5 M50d diesel in pictures

BMW has released pictures and details of the new X5 M50d, a 381hp super-diesel SUV with the world’s most powerful straight-six diesel engine. It will join the new, third-generation X5 range, which is set to go on sale in the UK this November with prices starting at £42,590. The engine carries over from the previous X5 M50d, but the 2013 version is both quicker and more fuel-efficient.