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Fiat and Chrysler to completely merge?
Sun, 06 Feb 2011Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.
Flavio Briatore legal challenge to FIA ban
Sun, 18 Oct 2009Flavio Briatore is launching legal action to get his lifetime ban overturned Flavio Briatore will start legal proceedings in the Paris Tribunal de Grande tomorrow in an attempt to overturn the lifetime ban he received from the FIA for his part in the ‘Singapore-Gate’ race fixing episode, which saw Nelson Piquet Jnr intentionally crashing his car to allow team mate Fernando Alonso to take victory in the 2008 Singapore Grand Prix. Briatore is claiming the life time ban from involvement in any FIA sanctioned Motor Sport – including driver management – is a legal absurdity. And he probably has a point.
Infiniti to enter Australia. Will the Ozzies notice?
Wed, 23 Mar 2011Infiniti to market their cars in Australia from 2012 It’s quite hard to believe, but Infiniti has been ‘Entering’ the UK market since 2009. We think. Although they did keep putting back the launch and revising their plan to have 14 dealerships in place by the end of that year.