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Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.

Fiat Panda Aria and Grande Punto Abarth SS concepts

By Guy Bird Motor Shows 17 September 2007 02:50 Aria goes green, Abarth gets sporty, 500 goes large… Fiat’s signature white stand featured both ends of the car spectrum: From the eco Panda Aria concept to a new even sportier version of the Grande Punto, the Abarth SS prototype. It arguably had the best show stand gimmick at Frankfurt too – a giant Fiat 500 model the size of a two-storey building housing a monorail on which punters could ride life-size 500 cars around its innards – entered through the giant 500’s wheel arch. Anyway… what about this eco Panda thingy… Oh yes, the Fiat Aria ‘concept’ is subtle like that.

Mazda MX-5 Superlight leaks

Official pictures of the MX-5 Superlight Concept have leaked out ahead of Frankfurt We don’t think Mazda are intending building the MX-5 Superlight, it’s more a way of showcasing what can be achieved by radical weight saving. But don’t quote us on that. If Mazda gets big positive feedback they’ll probably turn it in to a production model despite their assertions it’s just a concept.