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Marchionne says he'll likely step aside from Chrysler in 2015 or 2016

Chrysler CEO Sergio Marchionne on Wednesday hinted that he will be stepping aside from the helm of the U.S. automaker within five years. During a question-and-answer session at the 2011 Management Briefing Seminars in Traverse City, Mich., the 59-year-old executive said Chrysler's future plans "will be up to the guy after me--after 2015 or maybe a year later….

Zagato V12 triumphs at Villa d'Este

The Aston Martin V12 Zagato was victorious at this year's Concorso d’Eleganza at Villa d’Este, winning the Design Award for Concept Cars and Prototypes. The modern interpretation of the iconic DB4GT Zagato fought off competition from ten other entries including BMW’s 328 Hommage, Audi’s Quattro concept and the James Glickenhaus P4/5 Competizione Ferrari. Dr Ulrich Bez, CEO of Aston Martin, said: “We are thrilled to see that this car conquered people’s hearts.

Fiat 500 Abarth show debut

By Jonny Smith Motor Shows 06 March 2008 16:05 What’s new on Fiat's Geneva Motor Show stand? Amongst the kinky white boots and retro chandeliers Fiat rolled out their eco-loving theme across the whole range with three uncloakings: the fresh Fiorino, 500 Aria concept and Panda Aria prototype. The 500 Aria showcased a Euro 5 friendly 98g/km diesel 1.3 16v Multijet engine with a Stop&Start system (better for emissions, better for premature starter motor wear) and predominantly recycled interior materials.