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Fiat buys remaining stake in Chrysler (2014)

By 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.

Shelby Supercars SSC TuaTara Interior photos & video

SSC Tuatara Interior photos and video It was back in July that Shelby Supercars revealed that their new supercar wasn’t going to be the Ultimate Aero II, but would get a new moniker – the SSC Tuatara. At the time, Shelby only issued a few photos (well, renderings) of the exterior of the Tuatara, but it looked impressive enough. And even when Jerod Shelby took a real Tuatara to Shanghai a month later to show his new creation to the world’s biggest car market, the doors stayed firmly shut.

Goodwood Revival 2008 hosts £85m historic grid

By Ben Whitworth Motor Shows 15 September 2008 12:14 This weekend’s Goodwood Revival 2008 is set to be the most expensive yet – the grid for the Royal Automobile Club TT Celebration race has been independently valued by Bonhams automotive auction house at an eye-watering £85 million. The valuation for the one-hour, two-driver race closed-cockpit GT cars – which originally took place at Goodwood between 1960 and 1964 – makes it the most expensive grid of historic racing cars ever to appear together in one race. Goodwood Revival 2008: the drivers' list Derek Bell, Martin Brundle, Patrick Tambay, Jean-Marc Gounon, Christian Horner, Richard Attwood and Jackie Oliver will take to the fast and tight circuit in some of the finest and most valuable GT racers ever produced.The list of entrants reads like a Who's Who of schoolboy fantasy garages, including the Ferrari 250 GT SWB, GTO and 330 LMB, AC Cobra and two original Shelby American Cobra Daytonas, an Aston Martin DB4 GT Zagato and Project 214, plus the Lightweight Jaguar E-types.