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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger
Tue, 04 Jan 2011Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.
Panasonic invests $30 million in Tesla Motors to develop batteries
Thu, 04 Nov 2010Japanese electronics giant Panasonic Corp. said late Wednesday it invested $30 million in Tesla Motors Inc. to cooperate on green powertrain development.
New BMW 316d ES Saloon
Wed, 24 Jun 2009BMW has announced the BMW 316d ES - its most economical 3-Series to date Car makers are falling over themselves to introduce new models that are more fuel efficient and less polluting than what went before, and this time it’s BMW’s time to play the game with the most economical 3 Series yet – the new BMW 316d ES Saloon. The 316d ES gets BMW’s 2.0 litre 4-pot diesel and a six-speed manual ‘box, which manages a quite impressive 62.8mpg and emits only 118g/km of CO2. That puts it in to the £35 a year VED band and makes this the cleanest and most economical 3 Series yet.