Ritchie Compass H-73 on 2040-parts.com

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.

Lotus Exige S Roadster Official: Price (£52,800) and Specs

It’s the first properly good news from Lotus for a while, and looks a promising offering at the same price (£52,800) as the tin top Exige S and, remarkably for a convertible, actually weighing less than the hard top – although by only 10kg. The Exige S Roadster gets the same 3.5 litre V6 as the coupe which means 345bhp, 295lb/ft of torque and a 0-60mph of a very respectable 3.8 seconds, but it does lose the coupe’s rear wing and front splitter for better airflow. The folding roof on the Roadster is a manual affair, but Lotus say fresh air motoring is just ‘Two clicks and a roll away’, so the manual roof is probably the best – and lightest – option.

Ford Racing drivers share their Mustang memories

April 17 marks the 50th anniversary of the Ford Mustang, and recently Ford Racing asked some of its drivers and racing personnel, including Jamie Allison, director of Ford Racing, and Edsel B. Ford II of the Ford board of directors, to talk about their favorite Mustang memory. Here are some of those Mustang memories: Jamie Allison, Director, Ford Racing -- “My Mustang moment story is simple.