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Fiat and Chrysler to completely merge?

Chrysler 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.

Iconic to start roadster production

Iconic Motors will begin production of its 2012 AC Roadster in late spring in Detroit, the company said on Tuesday. Iconic says it will build only 100 copies during its first year of production. “We are genuinely excited to begin production on the 2012 Iconic AC Roadster,” Iconic Motors chairman Claudio Ballard said.

McLaren: The dealer network takes shape

The McLaren dealer network is starting to take shape Most of what we’ve written about McLaren in the last month or two hasn’t been about the new McLaren – the McLaren MP4 12C – but about McLaren’s venerable hypercar the McLaren F1. Firts we had Ron Dennis telling anyone who’d listen – quite rightly – that the showdown Top Gear staged between the Mac and the Bug had to be re-run repeatedly until the Bug actually won, but Ron being Ron had to go a step further and proclaim the Veyron a ‘Piece of Junk’. But it made his point.