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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.

Why driverless Audi at Pikes Peak is sinister

CAR Online reader JenkinsComp has a bee under his bonnet about the new driverless Audi TT S unveiled today. It foreshadows a political drive to stop us driving our own cars - transferring power from individual to state. You have been warned...

New Jaguar XE will get the V6 engine from the F-Type

The new Jaguar XE (pictured) will get the F-Type’s V6 We’re expecting the Jaguar XE – Jaguar’s new smaller saloon aimed at the BMW 3-Series – to arrive at the Paris Motor Show in September before going on sale in 2015 after Jaguar revealed the first official details on the XE at the Geneva Motor Show this month. Jaguar were a little vague on detail, although they did confirm the XE would come with aluminium underpinnings – a first for the sector and to be shared with the new Jaguar SUV when that arrives – and offer Jaguar’s new range of 4-cylinder diesel and petrol engines. But what Jaguar also said is that there will be a range-topping XE capable of 186 mph, which seemed a bit of a stretch for a 4-cylinder engine, however good.