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Chrysler-Fiat deal would spawn new look for U.S. automaker

As Chrysler LLC negotiates an alliance with Fiat S.p.A. that would satisfy the Obama administration, sources say the companies are discussing a revised ownership structure, a new board and possibly a different management team for Chrysler. Among the options being discussed is a direct role in Chrysler's operations for Fiat CEO Sergio Marchionne--possibly even the chief executive's job.

Hyundai increases its European Market share by 10%

Despite a weak car sales market across Europe, Hyundai has managed to increase its market share in January 2013 by almost 10 per cent. As we reported just the other day, the European car market is in a bit of a mess with sales down by 9.6% in January 2013 and even the mighty sales of the VW Golf – Europe’s best-selling car – dropping by 17.8 per cent. But despite the European car market falling back, Hyundai has managed to increase its market share in Europe by almost 10 per cent, from 3.3 per cent in January 2012 to 3.6 per cent in January 2013.

OFFICIAL: BMW M4 Concept

The BMW M4 Concept (pictured) has been revealed The BMW M4 heading towards Pebble Beach this weekend (and pictured above) is billed by BMW as the M4 Concept, but it’s almost exactly what you’ll get when the M4 goes on sale in 2014. As this is a ‘Concept’ BMW don’t feel the need to fill in all the details, but there’s some stuff we can see and some stuff we pretty much know. The stuff we can see includes the same CFRP roof the old M3 Coupe got (in this case titivated with BMW M colours) and CFRP for the splitter and diffuser.