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Fiat set to grab 51 per cent of Chrysler

Sergio Marchionne wants majority at Chrysler What a difference a couple of years makes. On May Day in 2009 we reported that Chrysler had been put in to Chapter 11 Bankruptcy and the US Government was stepping in to ease the pain with $7.5 billion (admittedly at somewhat less than mates-rates) and that the management were ‘leaving the building’. Step forward Fiat to take up a 20% stake in Chrysler and Fiat boss, Sergio Marchionne, who planned to lead Chrysler away from the dark side and in to the light, with the promise of smaller and more efficient platforms and engines.

Win tickets for this weekend’s Goodwood Festival of Speed – but be quick!

Be quick to grab a pair of tickets for the 2014 Goodwood Festival of Speed The Goodwood Festival of Speed is the highlight of the year for petrolheads from around the world, with a mix of the very best supercars, classic cars and all things related gathering at Goodwood for a three day celebration (well, four if you count the Moving Motor Show tomorrow). But if you’ve left it late to grab tickets, you’re out of luck – they’re all long gone. But we do have a pair of tickets for Sunday up for grabs thanks to Car Loan Warehouse, who kindly phoned us up to offer tickets for a lucky Cars UK reader.

GM continues work on fuel-saving engine technology

Sometime in the next decade, you might be able to enjoy some of the benefits of a diesel without driving one. A technology called HCCI improves fuel economy 15 percent and releases fewer emissions by using a combustion process similar to what is used in diesel powerplants. General Motors continues work on the project, which could be applied across a range of engine sizes and used with other advanced fuel-saving technologies to help the company comply with the proposed new mileage and emissions targets announced Tuesday by President Barack Obama.