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Fiat set to grab 51 per cent of Chrysler

Sergio Marchionne wants majority at Chrysler What a difference a couple of years makes. On May Day in 2009 we reported that Chrysler had been put in to Chapter 11 Bankruptcy and the US Government was stepping in to ease the pain with $7.5 billion (admittedly at somewhat less than mates-rates) and that the management were ‘leaving the building’. Step forward Fiat to take up a 20% stake in Chrysler and Fiat boss, Sergio Marchionne, who planned to lead Chrysler away from the dark side and in to the light, with the promise of smaller and more efficient platforms and engines.

Rolls-Royce Ghost V-Specification dialed up to 593-hp

Just before a refreshed Rolls-Royce Ghost debuts at the Geneva Motor Show in March, the British automaker has rolled out a performance edition of its "entry level" sedan with 593-hp underhood. The standard Ghost sedan wasn't exactly short on power until the announcement of the V-Specification version -- the company's 6.6-liter twin-turbocharged V12 engine produces 563-hp and 575 lb-ft of stump-pulling torque in standard form. Yes, gone are the days when Rolls-Royce declined to disclose exact power figures and simply listed their powerplants' output as "adequate." Now Rolls-Royce is forced to compete in this cutthroat market with its performance stats, it seems.

Porsche 918 Spyder here in 2013, says new CEO

New Porsche president and chief executive officer Matthias Müller has confirmed that the new 918 Spyder hybrid supercar is on track for a 2013 delivery. Speaking to CAR at the 2010 Paris motor show, Müller said the engineering programme was on time and that the 918 would stay faithful to the concept car revealed in March this year. ‘We are doing [engineering] concept work on the 918 at the moment and will finish at the end of 2010,’ said Müller.