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Fiat and Chrysler get in to bed together

Before Christmas the CEO of Fiat was reported as saying that he believed that the current malaise in the car market (and any other market, for that matter) would result in the rationalisation of the industry, and see just a handful of big players come out the other side. His words now seem prescient, as it has been announced today that Fiat and Chrysler have effectively entered in to a partnership. Fiat takes a 35% stake in Chrysler The partnership, with Fiat taking 35% of Chrysler, means a number of benefits for both companies.

Concept Car of the Week: Toyota EX-1 (1969)

Back in the 60s, Toyota launched a few iconic sports cars such as the 800 and the gorgeous 2000 GT. Not happy to have created automotive perfection with the latter, the Japanese brand went on to explore even more extravagant shapes and unveiled the first of the EX concepts series in 1969. While its bold lines are truly Japanese, the EX-1 looked like the missing link between the fast silhouette of a 1967 Maserati Ghibli and the hairy-chested heft of a Dodge Challenger.

Latest Saab production halt raises concern

News today that Saab has halted production again, owing to problems paying suppliers, has raised further questions over the long-term financial viability of the independent car maker. Saab says it continues to negotiate with its local suppliers to ensure a supply of parts, but has declined to mention when production may resume. Didn't Saab have supplier issues last week?