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.

Lexus goes bonkers for SEMA 2010

Lexus SEMA 2010 I think we’re going to stop trying to work out what Lexus is all about. Just when we think we have them pegged down as green halo, fluffy-bunny-loving corporate eco-mentalists with a misguided view of the future of the car, they go and produce the LFA. We put the LFA’s existence down to its long gestation period; there is no way Lexus would embark on such a project today.

Amelia Island concours celebrates birthday of fake sports car--46 years early

The fictional Italian grand marque 1958 Pignatelli sports car has joined the lineup for the 2012 Amelia Island Concours d'Elegance. The 17th-annual event will celebrate the cartoon vehicle's 100th anniversary, 46 years early, in March. "Because all but two people involved with the Amelia Island concours will be dead by 2058, we don't want to wait," concours chairman Bill Warner said.