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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.

Volvo S60 Polestar Gothenburg debut

The Volvo S60 Polestar – a BMW M3 basher – is due to debut in Gothenburg on 16th June 2012 and could get as much as 500bhp. Yes, Volvo are busy downsizing their engines and trying to up the quality perception of their cars at the same time, in an aim to join the proper premium club inhabited by the likes of BMW, Mercedes, Audi and Jaguar. But that doesn’t mean Volvo should forsake performance in their cars, because even if performance models are not the bread and butter for premium car makers they are the golden halo that casts a premium gloss on lesser models.

2014 Vauxhall Meriva facelift gets new diesel engine

2014 Vauxhall Meriva facelift (pictured) gets new diesel engine It’s more than three years since the Vauxhall Meriva arrived – at Geneva in 2010 – as Vauxhall’s compact people carrier, so it’s time for a bit of a titivate and a few updates. The cosmetic makeover for the 2014 MY Meriva isn’t huge, but Vauxhall has thrown in a new grill and new headlights to fulfil the ‘new nose’ requirements of a facelift, there’s new alloys and new alloy options and daytime running lights. But the biggest change comes under the skin, with the old 1.7 litre turbo diesel being supplanted by the new 1.6 litre from the Zafira which offers 134bhp and 236lb/ft of torque.