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Fiat will buy the rest of Chrysler for $4.35 billion

Fiat 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.

Local Motors reveals 3D-printed car design

Local Motors has chosen the design it will 3D-print during the course of the International Manufacturing Technology Show (ITMS) in Chicago, IL, which runs from 8-13 September. Called Strati, the concept was judged the best entry in Local Motors' first 3D Printed Car Design Challenge. It was created by Italian designer Michele Anoé, and his design 'will inform and influence' the car to be printed during the course of the ITMS.

2013 Ford Mondeo leaks from iPad app

The 2013 Ford Mondeo leaks The 2013 Ford Mondeo – or, more accurately, the 2013 Ford Fusion in the US – has appeared on an iPhone app ahead of a reveal at the Detroit Motor Show. It may not actually be the 2013 Ford Mondeo – it is in fact the 2013 Ford Fusion in the US – but, apart from a few subtle changes, the Fusion that’s made an appearance on a Ford iPhone app is the car Europe will get as the new Mondeo. The 2013 Fusion is due to be revealed in all its glory at the Detroit Motor Show tomorrow (9/1/12), and Ford released an iPad app that counted down the days until the Fusion was due to put in an appearance.