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Jeep to use Fiat platforms starting in '13
Thu, 05 Nov 2009Jeep's small SUVs will use Fiat-supplied platforms starting in 2013, Jeep brand CEO Mike Manley said on Wednesday. Jeep will eliminate the Patriot and Compass crossovers after 2012 and replace them with a single C-segment vehicle whose platform will originate with Fiat Group. Jeep also will introduce a B-segment small SUV in 2013 with a Fiat platform.
News watch August 2010: today's industry news
Thu, 26 Aug 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.
Mazda launches amazing MX-5 CC
Mon, 07 Aug 2006By Chris Chilton Motor Industry 07 August 2006 07:08 Mazda is claiming the world's first no compromises coupe-convertible, with its MX-5 Roadster-coupe. Traditionally, folding tin-tops keep out thieves but steal luggage space. They boost refinement, but make handling less tidy.