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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger

Fiat 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.

Geneva motor show: 2010 Saab 9-3x crossover debuts

At next month's Geneva motor show, Saab looks to provide a right-sized crossover with the introduction of the 2010 9-3X. Beginning with a 9-3 SportCombi wagon, Saab engineers raise ride height by 1.4 inches, add the XWD all-wheel-drive system that we first saw on the Turbo X and pump up the exterior styling. According to Saab, the 9-3X provides customers with the perfect alternative to large crossovers and SUVs, while offering respectable utility and off-road capabilities.

Mazda MX-5 Miata

For only the fourth time since the first was introduced 25 years ago - when it reignited the small sports car market - there's a new Mazda MX-5 Miata. Mazda's aim this time was to strip away much of the bulk that had accumulated over the years, recapturing the essence of a compact, light and affordable roadster. The subtext is that the MX-5 Miata has become a car more often bought by women in their 60s, rather than the young males it was originally intended for.