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Fiat will buy the rest of Chrysler for $4.35 billion
Thu, 02 Jan 2014Fiat 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.
Volkswagen Bulli (2011) at 2011 Geneva motor show
Mon, 28 Feb 2011This is the new VW Bulli, a small electric MPV unveiled on the eve of the 2011 Geneva motor show. 'Bulli' was the German name for the 1950's T1, what the US market called the Microbus, and the new Bulli concept is an evolution of the lovely Microbus concept revealed in 2001. The new concept is smaller than Microbus concept and has an EV powerplant.
Coventry students embark on interior project for GM's Opel/Vauxhall division
Mon, 15 Feb 2010Designers at GM's Opel/Vauxhall division have tasked students at Coventry University with creating the vehicle interior of the future. Championed by Richard Shaw, Chief Designer at Opel's Advanced Design Studio in Germany, students will be charged with creating innovative and visionary interior concepts for the next decade, taking into account future needs of consumers but also the brand's values. Judges from GM Europe Design and Coventry University will then select the winning entry.