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Fiat buys remaining stake in Chrysler (2014)
Fri, 03 Jan 2014By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.
UK Motorways hit the big 50
Sat, 06 Dec 2008[ad#ad-1] It’s hard to imagine travelling round the UK, or any other country for that matter, without Motorways. Circumventing London on the M25, much as we complain, is infinitely better than using the North and South Circular roads used to be. London to Leeds is just a few hours and, despite the huge traffic problems on the M5 in the summer months, the West Country is accessible in an acceptable length of time.
Alfa Romeo 8C based Disco Volante by Touring makes limited production
Mon, 16 Sep 2013The Alfa Romeo Disco Volante (pictured) is going in to limited production The Alfa Romeo 8C is a beautiful – if flawed – supercar from Alfa, made even more individual by by Carrozzeria Touring Superleggera with their Alfa Disco Volante Concept in 2012. That Concept – which arrived at the Geneva Motor Show in 2012 – has now been updated for 2013 and is being put in to limited production for those with deep pockets to indulge in an Alfa even more rare than the 8C itself. The Disco Volante pays homage to the 1952 Alfa Romeo Disco Volante – based on the Alfa 1900 – and is built from aluminium and carbon fibre to keep weight in check, although under the skin remains pretty much Alfa 8C.