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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.

Toyota to produce two special-edition 2013 Corollas

Two special-edition 2013 Toyota Corollas will arrive in showrooms in late April. The special-edition Corollas are available in two trims: LE and S. Pricing for each is set at $21,345, including shipping charges.

Suzuki Swift Sport gets 5 doors & costs £14,249

The new Suzuki Swift Sport 5-door (pictured) offers a more practical option to the Sport The Suzuki Swift Sport arrived in the UK at the end of 2011, and although it wasn’t exactly the sort of hot hatch that would make a Fiesta ST quake in its boots it did up the fun factor from Suziki’s more than decent Swift. In fact, the 3-door Swift Sport did a bit more than up the fun factor, it got Australia’s advertising authorities up in arms about its ‘suggestive’ advertising and got itself banned from Ozzie TV for being too ‘hot’. Which probably didn’t do sales any harm at all.