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Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.

Honda Open Study Model (OSM): more details

By Tim Pollard Motor Industry 26 August 2008 11:49 CAR Magazine has been given special access to the Honda Open Study Model (or OSM for short), in the wake of the British International Motor Show where it made its world debut. But what the hell is the OSM all about? Honda plays a game of cat and mouse with reporter Ben Barry, who turns detective after being stonewalled whenever he asks a difficult question.

Mopar celebrates 50th anniversary of Gen II 426 Hemi

Since its introduction into NASCAR in the 1960s, the 426 Hemi has been a popular powerplant for power-hungry customers across the Mopar spectrum. The 426 cubic-inch brute dwelled under the sheetmetal hoods of cars like the Dodge Coronet, Plymouth GTA, Plymouth Road Runner and even the Plymouth Barracuda. Latest generations of the 426 feature an aluminum block, two-piece rear main seal and a four-bolt main.