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New Hyundai Genesis heading for the UK?
Sun, 15 Sep 2013Is the Hyundai HCD-14 Genesis (pictured) heading for the UK as the new Hyundai Genesis? The Hyundai HCD-14 Genesis Concept arrived at the Detroit Auto Show in January and, concept fripperies apart, previewed the next generation of the Hyundai that wants to be a Korean Lexus – the Hyundai Genesis. The Hyundai Genesis has been selling like hot cakes in the Land of the Free for some time, but until now it wasn’t a car Hyundai felt had a place in its UK line-up.
Fiat will buy the rest of Chrysler for $4.35 billion
Thu, 02 Jan 2014Fiat 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.
Volvo to launch large-scale autonomous driving project
Tue, 03 Dec 2013It's going to happen sooner than we though -- the machines are going to take over. No need to jump in your car and drive to your uncle's fallout shelter where he's been stockpiling expired cans of tomato soup, though, at least not just yet. The machines in question are Volvos (pretty benign, right?), and the place they'll be taking over is Volvo's home town of Gothenburg, Sweden.