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Fiat gets approval to purchase Bertone coachbuilding business

Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved Thursday by the Italian government. Fiat will invest $215.9 million (150 million euros) over three years in the struggling contract manufacturer that has produced models ranging from the Lamborghini Miura to the Volkswagen Polo during its 96 years in business.

Chevrolet sprinkles in some ZR1 for the Corvette Z06 Carbon Limited Edition

With the ZR1 grabbing all the headlines of late, it's easy to forget about the other pumped-up performance thoroughbred in the Corvette stable--the Z06. However, that's about to change, because Chevrolet is taking some of the ZR1 goodies and transplanting them over onto the Z06 for the 2011 model year, such as the Brembo carbon-ceramic brakes and magnetic select ride control system. The features will be standard on a new 2011 Corvette Z06 Carbon Limited Edition, which Chevy is using to celebrate the 50th anniversary of the Corvette's first 24 Hours of LeMans race.

Toyota introduces Tacoma Baja Series pickup at Texas State Fair

The Texas State Fair in Dallas isn't just the home of elephant ears, fried autumn pie and walking tacos. It seems to be the new launch point for pickup trucks in the United States. Ford, General Motors and Ram have already shown their next trucks, and Toyota brought something to the party, too.