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Fiat and Chrysler to completely merge?
Sun, 06 Feb 2011Chrysler 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.
BMW Concept Coupe
Mon, 15 May 2006BMW unveiled their latest concept in the run up to the contemporary Mille Miglia, a road race for cars that competed during the original event held between 1933 and 1957. The BMW 328 that set the fastest time in 1940, averaging over 100mph, has also provided inspiration for the Coupe Concept, which mixes the older car's silhouette with surfaces closer to the Z4 on which it is based. Powered by BMW's seminal 343PS engine, the car is wrapped with carbon-fibre reinforced plastic (CFRP), whose form is defined by designers using plaster rather than clay "for a closer emotional experience".
Survey Reveals Car Use Slump Despite Lower Petrol Prices
Thu, 10 Jul 2014USUALLY the news that petrol prices are down would be cause for celebration, but the latest AA/Populus survey reveals that car use is also on the slide. Despite more wallet-friendly prices at the pumps the situation is failing to kick-start more car use. The poll of more than 18,000 AA members, conducted in June, revealed that just 7% were more relaxed about prices at the pumps, and were using their car more than a year ago.