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Fiat set to grab 51 per cent of Chrysler

Sergio Marchionne wants majority at Chrysler What a difference a couple of years makes. On May Day in 2009 we reported that Chrysler had been put in to Chapter 11 Bankruptcy and the US Government was stepping in to ease the pain with $7.5 billion (admittedly at somewhat less than mates-rates) and that the management were ‘leaving the building’. Step forward Fiat to take up a 20% stake in Chrysler and Fiat boss, Sergio Marchionne, who planned to lead Chrysler away from the dark side and in to the light, with the promise of smaller and more efficient platforms and engines.

Top Gear Tonight: Renaultsport Clio 200, Peugeot 208 GTI, Ford Fiesta ST & New Reasonably priced car

Richard Hammond tests the Renaultsport Clio 200 (pictured), Peugeot 208 GTi and Ford Fiesta ST in tonight’s Top Gear It’s been a while since Top Gear filled our Sunday evenings, but it’s back tonight – Series 20, Episode 1 – at 8pm on BBC 2. The usual mayhem and madness (and silliness) will ensue. but the series needs to be set up first, because there’s a new reasonably priced car.

Tesla Model S starts at $57,400, tops out at $92,400 when sales start in 2012

Tesla Motors Inc., the U.S. electric-car maker that plans to build a rechargeable sedan in California, said a top-of-the-line version of the Model S will cost as much as $92,400 when it goes on sale in 2012. Tesla released detailed prices, features and options for the Model S sedan Dec.