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Fiat buys remaining stake in Chrysler (2014)

By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.

Ohio driver survives high-speed crash

WITH VIDEO -- A 19-year-old Ohio man is hospitalized in serious condition, three days after his car went airborne in the median of Interstate 675 near Dayton and crashed into the concrete center support of a bridge. The crash demolished the car, a Pontiac Firebird. The driver, Brennan Eden, was thrown from the car during the crash.

GM engineers focus on weight, balance for 2013 Cadillac ATS

When engineers at Cadillac built the ATS sedan, they knew that they were competing with some of the best products on the market, such as the BMW 3-series, the Audi A4 and the Mercedes-Benz C-Class. They paid special attention to curb weight to help meet their performance goals. “We designed and engineered the ATS's vehicle architecture to deliver quick, nimble and fun-to-drive dynamics,” said David Masch, ATS chief engineer.