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.

BMW 5 Series GT (w/ Video)

BMW officially took the wraps off the production version 5 Series Gran Turismo today. The new model, previewed in concept form at the Geneva motor show in March, is set to bridge the gap between the automaker's X5 SUV and the 5 Series Touring wagon. As we expected, BMW has remained true to form: the 5 Series GT is identical to the design of its concept precursor, including a lower body section and taillamps that call to mind the latest BMW 7 Series, a front end reminiscent of the CS concept, and an upper cabin design familiar to anyone who's seen an X6.  The interior has seen the most change, if only in color and trim.

New Hyundai i30 (2012) revealed ahead of Frankfurt debut

2012 Hyundai i30 Revealed A couple of weeks ago we were teased with a sketch of the new Hyundai i30 ahead of a planned debut at Frankfurt 2011. But now Hyundai has decided to throw out a few photos of the new i30, and a bit more detail, to keep interest piqued . Looking, certainly from some angles, like a smaller i40 – which is certainly not a criticism – the 2012 i30 brings Hyundai’s Golf-sized offering very much up to date.