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Fiat taking 35% stake in Chrysler

Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.

Nissan GT500 GT-R Race car: first official pictures

By Stephen Dobie First Official Pictures 15 January 2008 16:16 Nissan's new GT500 GT-R race car is a far cry from the Forum concept the Japanese company has just unveiled in Motor City. Nissan chose the past weekend’s Tokyo Auto Salon to show off their new GT-R racing car. Not content with the standard GT-R stirring up the establishment Nissan will enter their supercar into Japan’s Super GT Series.

Ferrari LaFerrari lands in China: Shanghai Motor Show

Ferrari’s hybrid supercar was as eagerly received as it was in Geneva, with a sea of photographers, press and visitors thronging to get a glimpse of what is undeniably an impressive ‘F70′ from Ferrari. But looking good is perhaps the second ‘must have’ for a supercar – especially one that replaces the Enzo – and LaFerrari looks to deliver on the number one priority for most supercar buyers - performance. With 798bhp from its naturally aspirated V12 and an extra 161bhp from its electric motor, LaFerrari promises a dose of green credentials – important, to a degree, on China’s polluted roads – to go with its performance and handling, performance that can see the car it get to 62mph in under 3 seconds and on to a 186mph in an even more impressive 15.5 seconds.