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Fiat taking 35% stake in Chrysler
Tue, 20 Jan 2009Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.
KTM's four-wheeled future
Mon, 25 Feb 2008By Ben Purvis Motor Industry 25 February 2008 11:26 KTM's X-Bow track day car is just the start of a five-model line-up that will include Dakar and Le Mans endurance racers. Stefan Pierer, the youthful-looking 51 year-old CEO of KTM, has revealed to CAR how he intends to turn his company into the Austrian equivalent of Lotus. The unveiling of the production version of the Audi-engined, carbon-monocoque X-Bow at the Geneva Motor Show on March 4 2008 is exactly one year on from the first showing of the prototype.
Honda Fit arrives in US showrooms next summer
Wed, 09 Oct 2013Honda Motor Co. president Takanobu Ito says the redesigned Fit, due in U.S. showrooms next summer, is the company's “most important” car.