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Fiat taking 35% stake in Chrysler

Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.

Tesla Model S EV UK launch – Tesla considering patent giveaway

Elon Musk (pictured) launches RHD Model S in UK The electric Tesla Model S – probably the only electric car that makes sense – has finally been launched in the UK in right hand drive, with the first five Model S customers taking delivery of their cars. With a starting price of £50,280 (after the £5k taxpayer bribe) the Model S represents a real first for EVs; the first EV that can do pretty much anything an ICE car can, and more beside. With a range of up to 312 miles, seating for up to seven (well, 5+2), low running costs, great performance (0-60mph in 4.2 seconds) low service costs, no VED, no congestion charge and, at least until 2015, no BIK for business users, it’s not only almost as practical as a comparable ICE car it’s massively cheaper to run.

The Lamborghini Egoista is an exercise in self-indulgence

Here are some things you should know about the Lamborghini Egoista concept, which has made quite a splash since its debut as part of Lamborghini's 50th anniversary celebration: 1. Enjoying the Egoista's 5.2-liter V10 with a reported output of 600 hp will always be a lonely affair. The car is a one-seater.