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Fiat and Chrysler to completely merge?

Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.

Mercedes-Benz CLS shooting brake sparkles at Goodwood

Mercedes-Benz used the annual Goodwood Festival of Speed as the backdrop for the premiere of the definitive production version of its stylish new CLS shooting brake in Sussex, England. Set to go on sale across Europe in October, the new sporting wagon was given a production go-ahead by Mercedes boss Dieter Zetsche following positive reaction to the earlier E-class-based ConceptFascination prototype car unveiled at the 2008 Paris motor show and the subsequent CLS shooting brake show car wheeled out at the 2010 Beijing motor show. Sadly, though, there are no plans to sell the new Mercedes-Benz model in North America, owing to what one official described to Autoweek as "the continued aversion to wagons by U.S.

Toyota i-Road – a three-wheel EV for Geneva 2013

The Toyota i-Road Concept has been revealed ahead of the Geneva Motor Show. It’s a three-wheeled EV designed as an urban transport solution. But if there is a way to make EVs acceptable to car buyers it’s to offer an alternative to the normal ICE car that works in specific and appropriate locations better than a full-sized ICE car can, not to try and make a normal car run on electricity.