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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger

Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.

Smart Forfour (2015): first official photos

By James Clark First Official Pictures 16 July 2014 19:30 The Smart ForFour is back - and this time it's twinned with the new, rear-engined Smart ForTwo rather than a bitsa Mitsubishi. The second-generation Smart ForFour was unveiled at an event in Berlin tonight, and marks the return of Daimler to the affordable family hatchback segment. With weak sales and an indistinct DNA, the first Smart ForFour was a sales flop and lasted only a couple of years.

First nine 'Legends of Bugatti' Veyron are all sold out

Seems like a lot of the world's wealthiest auto fanatics/premium lifestyle enthusiasts can't wait to find out what the successor to the awe-inspiring Bugatti Veyron will look like. Knowing full well that the automaker won't start working on its next seven-figure neck-snapper until the remaining stock of Veyrons is accounted for, they've been eating up the cars like they're going out of style: Bugatti says the nine examples of its "Legends of Bugatti" series produced so far have been sold. That's despite a roughly $3 million per-car sticker price.