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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger
Tue, 04 Jan 2011Fiat 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.
A look at Cadillac future products
Fri, 27 Jul 2012General Motors has green-lighted the development of a large flagship sedan for Cadillac, sources say, part of its plan to position its luxury brand's lineup to take on the German luxury stalwarts in every key sedan segment. The flagship sedan is to be built on a new rear-wheel-drive platform and arrive by 2015. The long-rumored rwd flagship would challenge the BMW 7-series and Mercedes-Benz S-class and is a key to GM's ambitions to expand Cadillac in China.
Vision Gran Turismo: 18 exclusive concepts from the world's top design studios [w/Video]
Thu, 22 Aug 2013After yesterday's news that Gran Turismo 6 will feature an exclusive car from BMW, it seems it's not alone, with 17 other brands creating bespoke designs for the Vision Gran Turismo project. Design teams from Alfa Romeo, Alpine, Aston Martin, Audi, BMW, Bertone, GM Design, Honda, Infiniti, Italdesign Giugiaro, JORDAN Brand, Mercedes-Benz, Nike, Nissan, Peugeot, SRT, Volkswagen and Zagato are creating models for the latest edition in the series. The project comes as a result of a collaboration between the game's creators and its design partners to celebrate the franchise's 15-year anniversary.