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Fiat buys remaining stake in Chrysler (2014)

By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.

New AutoWeek.com article-commenting system arrives

We're always looking for ways to improve autoweek.com and to make the site's features user-friendly for readers who want to take part in the discussion. On June 8, AutoWeek turned off the previous comments system and replaced it with a new one that's more in line with popular demand. You're now able to log in with any of four accounts before leaving a comment: Facebook, Yahoo, Hotmail (Windows Live) or AOL.

Last Lexus LFA leaves Motomachi Plant

The very last Lexus LFA – LFA #500 – has left the Motomachi Plant in Japan two years after production started and three years after the LFA was revealed. The idea of a Lexus supercar that cost so much seemed barking mad, but the LFA turned out to be a very special car indeed, not just for its build and performance but for what it meant for Lexus and Toyota – a future that would encompass many of the LFA’s design cues and DNA in future mainstream models. But three years after the LFA debuted, and exactly two years after the LFA went in to production at the TMC dedicated production facility at the Motomachi Plant, Aichi Prefecture, the last LFA – a white LFA Nurburgring Package #500 – has left the building.