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Chrysler-Fiat deal would spawn new look for U.S. automaker
Mon, 13 Apr 2009As Chrysler LLC negotiates an alliance with Fiat S.p.A. that would satisfy the Obama administration, sources say the companies are discussing a revised ownership structure, a new board and possibly a different management team for Chrysler. Among the options being discussed is a direct role in Chrysler's operations for Fiat CEO Sergio Marchionne--possibly even the chief executive's job.
MG Icon concept
Wed, 18 Apr 2012The MG Icon concept will be unveiled at the Beijing motor show next week in order to test public reaction to a small crossover, as well as suggesting a new design direction for the brand. Similar in size to the Nissan Juke, the Icon – as its name suggests – plays on MG's back catalogue of classic cars, something the company hasn't done since its takeover by Nanjing and subsequently SAIC in 2005. Despite clearly different proportions the Icon pays homage to the MGB GT sports coupe via its lamp and grille graphics, bumper overriders and fastback tailgate.
BMW ends America's Cup partnership with Oracle
Thu, 23 Dec 2010BMW is ending its America's Cup team sponsorship. The reason: BMW is cutting ties with its longtime technology partner, Oracle. The decision is said to be mutual.