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Fiat and Chrysler get in to bed together

Before Christmas the CEO of Fiat was reported as saying that he believed that the current malaise in the car market (and any other market, for that matter) would result in the rationalisation of the industry, and see just a handful of big players come out the other side. His words now seem prescient, as it has been announced today that Fiat and Chrysler have effectively entered in to a partnership. Fiat takes a 35% stake in Chrysler The partnership, with Fiat taking 35% of Chrysler, means a number of benefits for both companies.

Team Lotus snaps up Caterham +video

Team Lotus buys Caterham Cars - and a Team Lotus Special Edition Seven to celebrate Team Lotus – that’s the ‘Lotus’ F1 run by Tony Fernandes, not the Hethel mob run by Dany Bahar – has bought Caterham Cars from Corven Ventures for an undisclosed sum. Which is all very apposite, what with Caterham being the spiritual home of Colin Chapman’s Lotus Seven and keeper of the Chapman ethos of lighter is better. To tie Caterham back in to the Lotus name could work wonders for sales.

Chinese Grand Prix (2013) RESULT

Qualifying for the 2013 Chinese Grand Prix produced a fascinating grid, with three former world champions at the front on soft tyres, two more world champions lurking down the grid on mediums – hoping a different strategy would see them rise to the top – and Red Bull’s Mark Webber starting from the pit lane after running out of fuel in qualifying. And the three world champions who started at the front – Hamilton in the Mercedes, Raikkonen in the Lotus and Alonso in the Ferrari – did indeed make it to the podium, but not in the order they started. Alonso had a cracking start, overtaking Raikkonen for second place at the start and taking Hamilton for the lead by lap five, but stopped two laps later to change his softs for mediums and coming out behind Vettel and Button, who had started on mediums, and Hulkenberg.