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Chrysler's survival boils down to a deal with Fiat

For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker. Should the two companies fail to prove their plan will work, the U.S.

Spyker hopes for a Saab purchase accord in 'days, not weeks'

Dutch niche carmaker Spyker Cars NV hopes to reach an agreement with General Motors Co. to purchase Saab in “days, not weeks,” Spyker's CEO said today. If that doesn't happen, CEO Victor Muller said, Spyker may have to give up.

Lexus sales rising strongly in Europe – up 33 per cent in Western Europe

The new Lexus IS (pictured) is leading Lexus’s sales growth in europe There’s lots to like about the Lexus range (even if we would like to see proper gearboxes proliferate), and it seems buyers across Europe are getting more and more enamoured of Toyota’s luxury brand. Lexus are reporting soaring sales in Europe so far in 2014, with sales up by 25.4 per cent over the same period in 2013 (and by 33 per cent in Western Europe) and the Lexus IS leading the way. Lexus IS sales were up to 6,923, followed by the Lexus RX SUV and the compact Lexus CT, with even the massively expensive Lexus LS chipping in 265 sales in the first six months of the year.