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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.

Paul Walker crash site known for street racers

STREET RACERS are known to use the California neighbourhood where Fast & Furious star Paul Walker died in a car crash. Walker and his friend and fellow fast-car enthusiast Roger Rodas died on Saturday when the 2005 Porsche Carrera GT they were travelling in smashed into a lamppost and a tree. The two had taken what was expected to be a brief drive away from a charity event at Mr Rodas' custom car shop in the Southern California community of Valencia, about 30 miles north west of Los Angeles.

Eterniti Hemera concept

An intriguing teaser sketch for Eterniti Motors, a new London-based luxury car brand, has been revealed this morning. The company's website features a teaser video and an early sketch of its first vehicle, the Hemera. It will be further developed, with more evolved versions of the sketch released every week leading up to its Frankfurt debut. Judging from the sketch, the full production-ready vehicle set to make its debut in Frankfurt will be a high-level SUV crossover.