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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.

Steve McQueen motorcycle for sale at the Quail

If you've ever wanted to own a piece of two-wheeled memorabilia, or just have a good piece of Americana, Bonhams' third-annual Quail Motorcycle Gathering has your chance. The 1971 Husqvarna 400 that the King of Cool, Steve McQueen owned will cross the block on May 14 at the Quail Lodge in Carmel, Calif. It is not, as Bonhams previously implied, the actual bike that was on the famous Sports Illustrated cover.

Hagerty predicts future classics

Classic-car insurer Hagerty released its latest Hagerty Hot List last week, highlighting today's cars that are expected to be future classics. This comes on the heels of Arizona auction week, where record-breaking sales take place yearly. “After more than 20 years of witnessing car-collecting trends, we have the unique ability to look at new cars through the eyes of a collector,” said McKeel Hagerty, CEO of Hagerty Insurance.