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Fiat, Chrysler in partnership talks

Fiat Group is negotiating with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker. The pact would help Chrysler speed and strengthen its restructuring plan.

London rush hour 'worst in UK'

ANALYSIS of in-car telematics data has revealed that London commuters get the worst deal in rush hour, with average speeds 30% slower than those across other British cities. The study of 20 million miles of telematics data by Direct Line Drive Plus shows that despite London having more congestion-fighting measures than anywhere else in the country, its road-based commuters suffer worse peak time traffic misery than anywhere else. During peak times, cars in Westminster travel at an average speed of just 10.06mph, compared to a figure of 14.38mph across the biggest British cities.

Akio Toyoda waves family flag, heir makes crisis personal challenge

The reclusive Akio Toyoda is taking the rare step of waving the family flag, as the scion to Toyota Motor Corp.’s founding dynasty tries to steer the world’s largest car company out of a spiraling safety crisis. In testimony prepared for the House Oversight and Government Reform Committee, President Toyoda pursues a rare personal tack on the emergency, saying “my name is on every car.” “As you well know, I am the grandson of the founder, and all the Toyota vehicles bear my name,” Toyoda says in prepared comments circulated ahead of Wednesday’s committee hearing in Washington. “For me, when the cars are damaged, it is as though I am as well.” The intimate reflection is a departure for Toyoda, who has spent most of his career sidestepping public discussion of his lineage.