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New car sales still rising – April 2014 is 26th monthly improvement
Thu, 08 May 2014The Ford Fiesta (pictured) is still the best-selling UK car in April 2014 It’s almost become a monthly ritual to roll out yet another rise in new car sales in the UK as the Society of Motor Manufacturers and Traders (SMMT) reveals the latest figures. And April 2014 is no different. In fact, it’s no different to the last 26 months, as that’s how long monthly figures for year on year sales have continued to rise.
Fiat buys remaining stake in Chrysler (2014)
Fri, 03 Jan 2014By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.
Carroll Shelby's 2009 Mustang GT500 KR to go up for auction
Thu, 02 Aug 2012The unseemly fight over Carroll Shelby's remains is thankfully over. His creations and legacy are due for a massive celebration in two weeks' time in Monterey. And Vicari Auto Auction has just announced the sale of one of his personal cars.