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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.
MINI Canyon in 2012
Thu, 22 Jul 2010The MINI Canyon - a 2 Door MINI Countryman What on earth is a MINI Canyon, I hear you ask? You’ll be shocked to know it’s yet another iteration of the ubiquitous MINI, and it’s due to hit our roads in 2012 if the rumours Auto Express are pushing are to be believed. The MINI Canyon is said to be a 2 door MINI Countryman based on a shortened Countryman platform and featuring the Countryman’s AWD option.
2012 Canadian Grand Prix Qualifying: Vettel takes pole
Sat, 09 Jun 2012Sebastian Vettel has taken Red Bull’s second pole position in a row with a stunning qualifying at the 2012 Canadian Grand Prix. Red Bull may have seemed a bit out of sorts so far in the 2012 F1 season, but Vettel’s pole at the Canadian Grand Prix on top of Mark Webber’s win at Monaco last time out may be an ominous sign for the rest of the grid. Vettel took his Red Bull round Montreal’s Circuit Gilles Villeneuve a full three tenths of a second ahead of second place Lewis Hamilton and moves Vettel up to fifth place in the all-time pole listings alongside Nigel Mansell – and his career still has a long way to go to overhaul Schumacher, Senna, Clark and Prost.