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Marchionne, Fiat execs tighten grip on Chrysler under unified management team

Sergio Marchionne, CEO of Fiat S.p.A. and Chrysler Group LLC, will retain oversight of the two automakers in North America under a single management team dominated by Fiat-bred executives. Four regional chiefs will be in charge of Fiat and Chrysler operations in North America, South America, Europe and Asia effective Sept.

Aston Martin Rapide coming home

Aston Martin Rapide - homeward bound It took Aston Martin what seemed like forever to get their four-door supercar – the Aston Martin Rapide – in to production, and even then they didn’t build it themselves. When they were busy planning production of the Rapide the world’s economy was buoyant, credit was a piece of cake and Aston Martins were flying out of the showroom. But the new economic reality bit in 2008 and sales fell at Aston Martin, but by then the plan to get the Rapide built at Magna Steyr in Austria was unstoppable so, despite Aston Martin workers twiddling their thumbs as Magna Steyr built Rapides, there as nothing to be done.

Peugeot 208 R2 (2012): first official pictures

Peugeot has released pictures of its first 208-derived rally car. Peugeot says the 208 R2 has been under development since the standard model was announced in 2011, and promises to reveal two more motorsport-bred 208s by the end of 2012. What will the next two 208 sports cars be?