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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.
Future products: Buick sees 6 to 7 models in its lineup for 2011-13
Thu, 12 Aug 2010A Buick LaCrosse hybrid sedan probably will join a new small car and new crossover as Buick expands its lineup in the next three model years. The brand, which sells four nameplates now, eventually wants a six- or seven-vehicle lineup, says John Schwegman, Buick-GMC's top marketer. Buick seeks to revive its reputation for performance and stylish luxury to appeal to middle-aged professionals who often buy Asian luxury brands.
Audi TT Clubsport Quattro (2008): first pictures
Wed, 21 May 2008By Ben Pulman First Official Pictures 21 May 2008 12:34 CAR Online was first to reveal that the Speedster-inspired TT will be built, and now Audi has officially unveiled the car at the Wörthersee Tour in Austria. Called the Audi TT Clubsport Quattro, it’s an updated version of the concept of the same name seen at the same festival in 2007. And as well as a turbocharged engine producing 'more than 296bhp', today's press release claims: ‘Small-series production of this model cannot be ruled out’.