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Fiat buys remaining stake in Chrysler (2014)
Fri, 03 Jan 2014By 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.
Hooniverse explores BMW 5-series weight gain
Fri, 05 Oct 2012Our friends at Hooniverse have put together an interesting and insightful perspective on the growth of the BMW 5-series from the E28 to the new F10. Despite putting on more than 1,000 pounds, the F10's performance and fuel economy is still respectable. Overall length is up, but the interior space remains largely unchanged.
Toyota GT 86 Revealed
Sun, 27 Nov 2011Toyota GT 86 - apparently, it's as wide as a London Bus The Toyota GT 86 – which we all know as the Toyota FT-86 – has been revealed by Toyota UK ahead of its debut at the Tokyo Motor Show this week. It’s the Toyota GT 86, not the FT-86. But this is Toyota’s ‘affordable’ sports coupe that seems to have been coming since the new millennium arrived.