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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.
McLaren 12C Spider: The video
Thu, 12 Jul 2012Last week we had the reveal of the convertible version of the MP4-12C – the McLaren 12C Spider – and now we get theĀ firstĀ video of McLaren’s convertible supercar. We did think McLaren would have released a video of the new 12C Spider when it was revealed last week, but they’ve obviously got the hang of their new video software now so we finally get to see the 12C Spider in action. McLaren has used cinema-quality RED camera technology to capture the 12C Spider in terrific detail as it first performs on track and then traverses the stunning roads in the mountains of Andalucia.
Kahn Cosworth Range Rover Sport (2008): first official pictures
Mon, 14 Apr 2008By Dan Trent First Official Pictures 14 April 2008 12:34 The first road car since the 1990s to wear the Cosworth badge will be announced later this week, CAR Online can reveal. The new Kahn Cosworth Range Rover Sport has been born of an unlikely alliance between Bradford-based premium styling outfit Kahn Design and old-school race engine builder Cosworth. Full information on the new Cossie won't be released until later this week, but CAR Online has obtained this exclusive teaser image.