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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.

Jaguar XF SportBrake: Jaguar start to tease the XF Estate on Twitter

Jaguar XF SportBrake Spy - but it's an 'official' leak We’ve been talking about a Jaguar XF Estate – a big hole in the XF range – for a very long time. But finally we got confirmation from Jaguar that the XF Estate is actually going to happen and Jaguar’s designer, Ian Callum saying the Estate would arrive as the Jaguar XF Sportbrake. But we still had no idea exactly when Jaguar would get round to actually launching the XF Sportbrake.

Equus Bass 770: America’s all-new muscle car

What you’re looking at here is quite possibly the ultimate ‘pony car’ – a brand-new slab of American muscle heavily tinged with retro flair, six years in the making. It’s called the Equus Bass 770, it’s powered by a 640hp 6.2-litre suprecahrged V8, and you can buy one priced from $253,000. Which is around £157,000.