Subaru and Subaru Tecnica International (STI) announced they will be unveiling a number of new performance sports tourers and one will be getting the STI treatment.
While speaking with a group of reporters this weekend in Venice, Fiat and Chrysler CEO Sergio Marchionne stated that Fiat had offered the Canadian government $125 million for the 1.7% stake in Chry
Fact is, chief executive officer Sergio Marchionne believes natural gas engines are a better choice for cutting greenhouse gas emissions, because they are less expensive to produce and sell than ot
Fiat will pay $500 million for the final 6.6% of Chrysler held by the US Dept of Treasury along with an additional $60 million for the government’s options to buy additional Chrysler shares.
After Fiat and Chrysler worked together to raise the money to pay off the multi-billion dollar bailout loans, the US government was left with 6.6% of the Chrysler Group while the Canadian governmen
The value of that 6.6% stake in Chrysler will be decided based on a negotiation between Fiat and the Us Treasury, but if the two cannot come to an agreed upon price the purchase price of that 6.6%
The Mopar MoVenture will feature ten teams of two people, competing in a road rally that begins in Detroit on July 15,2011 and ending at the Mile High Nationals in Golden Colorado on July 22, 2011.
Since Fiat hasn’t offered sold in the US in decades, there is no growth rate for the Fiat brand as it is reintroduced to the US market.
Company CEO Sergio Marchionne announced yesterday at a media event that the Jeep Wrangler and Wrangler Unlimited will be losing their 3.8L V6 in favor of a Pentastar V6.
Berry Lowman, "a communications guru, event promoter, rally driver, open road racer, #Motorama LIVE founder & Parrothead!