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Fiat and Chrysler to completely merge?

Chrysler 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.

Porsche 911 50 Years Edition celebrates the 911′s half century

The Porsche 911 50 Years Edition (pictured) celebrates half a century of the 911 If you’d guessed how much the Porsche 911 would change in the coming years when it was first launched in 1963, there’s a pretty strong chance you’d have decided the shape would change out of all recognition and the engine would move from the back to the front. But you’d have been wrong. The Porsche 911, perhaps more than any other car ever made, has evolved over its 50 years of life instead of being replaced by a new and ‘better’ car.

Mercedes AMG GT gets new 503 bhp Twin-Turbo 4.0 litre V8 (video)

The new Mercedes AMG GT (pictured) gets the new 503 bhp Twin-Turbo 4.0 litre V8 We’ve speculated that the new Mercedes AMG GT – and, for that matter, futures ’63′ AMGs – will get a new twin-turbo V8 to provide the power as Mercedes look to move away from the naturally aspirated 6.2 litre V8 in cars like the SLS. And this is it. A new 4.0 litre twin-turbo V8 – the M178 engine – has been developed to replace the 6.2 litre V8 and, in initial tune, develops 503 bhp at 6250 rpm and 479lb/ft of torque from just 1750 rpm.