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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.

Mini brand to get turbo three-cylinder engine

BMW confirmed the Mini brand will also get BMW's new, turbo three-cylinder engine in upcoming models to be named later as part of a new family of engines for both brands that also includes an all-new four-cylinder. The company won't say which future models get the new three-cylinder other than the already announced BMW i8 plug-in hybrid. It arrives in the spring of 2014.

Infiniti, Red Bull considering performance cars - Ghosn

Infiniti and Red Bull could go into business together developing go-faster performance cars, Nissan CEO Carlos Ghosn has confirmed to CAR. The new August 2011 issue of CAR Magazine has a four-page interview with Ghosn (click here for a free digital preview) and we asked him if we will see a Red Bull-fettled Infiniti sports car. 'Why not?,' he replied. 'I don’t think we can bank on it today, but when Nissan people and Red Bull people come together and ask what can we do better, what can we do more of, if something like this makes sense, then why not?