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Fiat buys remaining stake in Chrysler (2014)

By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.

Regular eyetests should be 'mandatory' for all drivers

EYESIGHT tests for all drivers should be made compulsory and nine out of ten drivers (87%) of motorists in the UK support this idea. There are 2,900 road casualties each year in the UK caused by poor eyesight. Road safety charity Brake is asking the government to introduce mandatory eyesight tests for all drivers when they renew their driving licence every 10 years.

Toyota Etios – teased ahead of India launch +video

The Toyota Etiso debuts in Delhi this week Toyota has been doing little teases on a new cheap saloon for emerging markets, and we know the plan is to launch the Toyota Etios on the Indian public on Friday (6th January). We also know that the Etios is Toyota’s cheap, mass-market car with which they hope to take on the current market leaders Suzuki (oh, alright, strictly speaking it’s Maruti in India – but it’s the same thing) and it’s going to get the 1.4 diesel out of the Yaris and probably a 1.2 petrol as well. The Etios will appeal to the rising wealth of middle-class India.