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Dodge to get 40-mpg small car; touts mid-cycle product changes

Dodge is 14 months away from having a 40-mpg small car based on a Fiat platform. The tooling for that car was recently handed off to Chrysler Group's engineering department, Dodge CEO Ralph Gilles told journalists in San Francisco on Sunday. That small car is key to Chrysler's recovery strategy and to meeting stricter U.S.

Mini unveils Clubman concept at Geneva Motor Show with more doors

This week Mini has brought the Clubman concept to the Geneva Motor Show, and even though it's officially a concept car for the purposes of its appearance at the 2014 edition of the Salon International de l'Auto, the car itself is basically production ready behind the scenes. The Clubman has grown unexpectedly for the 2015 model year redesign, to the point where it might be confused with the five-door Hardtop, but that's a different model which we'll see later in the year. Even though the Clubman now boasts six doors, it will be positioned somewhat differently from its five-door Hardtop sibling, even though in practice the two will be offering essentially the same package.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.