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Fiat set to grab 51 per cent of Chrysler

Sergio Marchionne wants majority at Chrysler What a difference a couple of years makes. On May Day in 2009 we reported that Chrysler had been put in to Chapter 11 Bankruptcy and the US Government was stepping in to ease the pain with $7.5 billion (admittedly at somewhat less than mates-rates) and that the management were ‘leaving the building’. Step forward Fiat to take up a 20% stake in Chrysler and Fiat boss, Sergio Marchionne, who planned to lead Chrysler away from the dark side and in to the light, with the promise of smaller and more efficient platforms and engines.

Prospecting for gold on the Autoweek America Adventure

Halloween isn't just for kids, at least not in Nevada casinos. There are ghouls and ghosts are virtually everywhere, and many people are dressed in costume, too. On Monday morning at the Autoweek America Adventure briefing, we were told that this will be the longest driving run.

Closed-road racing made legal in the UK

Could the UK host its own Mille Miglia? By Adam Binnie Motoring Issues 11 July 2014 15:52 A London Grand Prix on closed streets or even a Pikes Peak style hill-climb in the Lake District could now by possible after the Government approved plans to allow motorsport events on public roads. It is hoped that the decision to allow staged rallies, hill climbs and trials of speed on closed-road street circuits will give the country’s motorsport industry a jump start. Prime minister David Cameron made the announcement today while touring the new Formula One Williams factory in Oxfordshire.