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New Developments at Bertone

Stile Bertone - located in Susa Valley west of Turin, Italy - has seen a series of internal and external changes in the last two years. But even in this global economic crisis the famed design studio is steadfast and committed, remaining vibrant and alive. The most recent development, which occurred on July 28, has seen Lilli Bertone, Nuccio Bertone's widow and President of Bertone, create Bertone Cento as the holding company for both Stile Bertone (design) and Bertonecento R&D (engineering).

Fiat and Chrysler to completely merge?

Chrysler 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.

Jaguar Land Rover to build cars in China

Jaguar Land Rover has revealed it is going to build cars in China, starting with either the Freelander 2 or Evoque. Jaguar Land Rover has revealed that it going to build cars outside the UK for the first time (as opposed to re-assembling Freelander 2 CKD kits as it does in India) in a plant just north of Shanghai. As this is China, official permission from the Chinese government is required, but with the joint venture between Chery and JLR now official its seems unlikely to be a problem as JLR will already have agreed to Chery producing JLR cars with Chery badges on.