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Fiat and Chrysler to completely merge?
Sun, 06 Feb 2011Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.
Honda's Urban SUV Concept (2013): first teaser shot
Tue, 11 Dec 2012This is Honda's first teaser image of its new Urban SUV Concept. The design study will take the stage at the 2013 Detroit motor show in January. What do we know about Honda's new Urban SUV?
BMW to invest £500 million in UK MINI production
Thu, 09 Jun 2011David Cameron welcomes BMW's £500 million investment in the UK What’s going on? Two days on the trot we get good news about the UK economy. Yesterday we reported that Nissan are to invest £192 million to design and build the next generation Qashqai in the UK, and today comes confirmation from BMW that they will be spending £500 million over the next three years in the UK as they gear up for the next generation MINI.