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Fiat and Chrysler to completely merge?

Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.

One in six drivers admits 'bump parking'

ALMOST one in six drivers admits to deliberately letting their car hit an adjacent one when trying to park. Known as ‘bump parking’, it means drivers simply carry on moving until they hit the car they’re heading towards. The figure rises to a shocking 26% – more than a quarter – among those living in London, with UK-wide drivers aged 18-34 recording the same statistic.

Report: Interior Motives China Conference 2011 – Day 1

Over 300 industry delegates gathered for the opening day of the annual Interior Motives China conference, which this year takes place in Shanghai, just a few days prior to the opening of the international auto show on Tuesday. Interior Motives is CDN's print magazine and this is its 4th annual gathering in China. The title of this year's conference is 'The challenge of being different: establishing a local design direction for China's maturing market', a pertinent topic now China has become the biggest new car market in the world.