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Fiat will buy the rest of Chrysler for $4.35 billion
Thu, 02 Jan 2014Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.
2009 Ford KA – Verdict
Tue, 09 Jun 2009Cars UK [rating:4.0] Ford KA - The Verdict The original Ford KA was a hard act to follow – despite its age and the fact it was based on an even more ancient Fiesta underpinnings – and conspired to look fresh and contemporary right to the end. But the new Ford KA manages to cohesively bring together all the charm and style of the original in a modern and well thought out package. If we were running round a City on an everyday basis we would have to look hard to find anything better as an everyday drive.
CAR tech: why Porsche needs hybrids
Mon, 16 Sep 2013At the launch of the 997-generation 911 Turbo in 2006, Porsche faced a daunting future. Anti-car chatter from EU legislators proposed banning anything that produced more than 241g/km of CO2 and exceeded 101mph. ‘We’ll have to close if the European Commission decides that every carmaker must reach [these targets],’ a Porsche exec told CAR.