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Fiat and Chrysler to completely merge?
Sun, 06 Feb 2011Chrysler 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.
Ho Ho Horseless: California carriage club goes for a post-Christmas drive
Tue, 28 Dec 2010WITH VIDEO -- It wouldn't be Christmas without the Horseless Carriage Club of Southern California's Holiday Motoring Excursion. Or at least, it wouldn't be the first Sunday after Christmas without it. For the last 55 years, the owners of pre-1916 automobiles have lined up somewhere in the greater Pasadena area and just driven around.
Think City EV Cup Edition (2010) first official pictures
Wed, 30 Jun 2010Manufacturers have been trying to make their racers more economical for some time now; Audi and Peugeot have produced diesel Le Mans winners and CAR reviewed the Porsche GT3 R Hybrid in the June 2010 issue, but this the most recent fully electric offering from Norwegian company Think. Think has followed the traditional road-racer conversion for this one-off prototype, by stripping out most of the interior and space for the passenger, using Perspex instead of glass in the windows, installing a solitary lightweight bucket seat and lowering the centre of gravity. The company claims the diet reduces the Think's weight by nearly 70kg; that's the same saving as a Lamborghini Gallardo Superlegerra, remember.