Fiat Chrysler deal with 10 billion


After the Fiat-Chrysler agreement, many asked themselves how much the deal was worth. Now, according to Chrysler president Bob Nardelli, Fiat is selling its know-how to Chrysler to the tune of ten billion dollars. In return, the Italian group will get a 35 percent stake in Chrysler shares.

In more Chrysler news, with an email adressed to employees, Nardelli has described as constructive the meeting with the task force set up by US President Barack Obama to supervise the restructure of the company.… Continue reading

Alfa 8C Competizione Spider

Alfa 8C Competizione Spider

There are desirable cars and there’s the 8C Competizione – but Alfa Romeo’s designers have surpassed themselves with this dramatic soft-top version of their want-one supercar.

Boasting a folding fabric roof, the Spider is identical to the coupe model under the skin with a Maserati-sourced 4.7-litre V8, which sends 450bhp to the rear wheels through a six-speed paddle-shift gearbox.… Continue reading

Mercedes SLS AMG

Mercedes-Benz has released official information and a mega gallery of teaser and technical photos on its forthcoming SLS AMG supercar that will replace the outgoing SLR McLaren. This time, the German automaker has developed the SLS AMG in house as will part roads with McLaren with the end of the production of the SLR.… Continue reading

Porsche Panamera – UK Pricing Announced

Porsche has confirmed UK prices for its forthcoming four seat Panamera gran turismo, which goes on sale on 12 September 2009. The four door performance car will be priced from £72,266 for the Panamera S, £77,269 for the Panamera 4S and £95,298 for the top of the range Panamera Turbo.

The Porsche Panamera will be available with powerful and efficient V8 power units, the choice of rear or four-wheel drive, and an interior design with a uniquely luxurious and high technology ambience.… Continue reading

Mercedes-Benz SLR Stirling Moss

Mercedes-Benz has published a plethora of new photos of its €750,000 (approx $960,000) SLR Stirling Moss speedster that will be built in a limited run of 75 units. The new gallery also includes pictures of British motor racing legend and Mille Miglia record-holder Stirling Moss, who lent his name to the car.… Continue reading