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Fiat buys remaining stake in Chrysler (2014)

By 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.

Range Rover Evoque launches in China – Hello Beijing

Range Rover Evoque launches in Beijing Land Rover may have bit of a shortage of parts for the new Range Rover Evoque, which is reportedly causing some delays for UK Evoque deliveries, but they’re still pushing on with launching the Evoque across the world. And this week it’s China, with the tag line ‘Hello Beijing’ attached to the launch. Last week Land Rover were out in India to launch the Evoque, with the Indian market getting the full range of Evoque models – that’s coupe and five-door with a choice of TD4 and SD4 diesels and the Si4 Ecoboost petrol.

Jaguar XF Sportbrake gets matching Jaguar Speedboat

Jaguar has revealed a Speedboat Concept at the first XF Sportbrake driving events to show how Jaguar design translates in other products. Before you get too excited, the Jaguar Speedboat isn’t a new item on the XF Sportbrake’s option list, but an exercise in translating Jaguar’s design philosophy in to an alternative product; one that fits seamlessly with Jaguar’s ‘Lifestyle’ pitch for the XF Sportbrake. Jaguar’s design guru, Ian Callum, said: We recognise that both our existing and future customers enjoy diverse and active lifestyles.