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Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger

Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.

Volkswagen Beetle (2011) first official pictures

After 11 long years on sale the New Beetle is dead – its successor is this, The Beetle. We'll just call it the new 2011 VW Beetle. 2011 VW Beetle: trading flower-power for outlaw rodder Wider, lower and longer, the 2011 Beetle abandons its predecessors three semi-circle styling for the flat-roof look of 2005’s hot rod-inspired Ragster concept. At the front, the Beetle adopts the corporate horizontal intake styling and a more angular front bumper melded with a less curvaceous evolution of the 1998 New Beetle styling template.

Used cars set for soft landing

THE USED CAR MARKET is set to see a gentle slow down towards the end of the year, avoiding the price crash feared by some in the industry. Experts at CAP Automotive say there are no shocks on the horizon as used car prices are not reducing as quickly as previously expected. This is due to high demand for quality used cars and limited supply.