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It has deals with multiple banks to make the deal possible

Fiat is very serious about purchasing the remaining 41.5% of Chrysler. It has arranged for $10 billion in loans from multiple banks to finance the purchase, according to Bloomberg. If the merger were successful, Fiat and Chrysler would then refina...

Revenue and profit also up in the double digits

Jaguar Land Rover has released its 2012/2013 fiscal results and retail sales were up 22% over last year to 374,636 vehicles. Revenue was up 17% to £15.8 billion and before tax profit was up 11% to £1.675 billion. In the ...

One fewer team with Renault engines

Williams has announced that it will switch from Renault engines to Mercedes next season. The team did not announce the duration of the deal but described it as "a long-term engine partnership." That makes it fairly certain that Will...

It will be offered with three engines at launch in November

BMW has revealed the new, third generation X5 and aligned its style with its siblings the X3 and X1. The muscle-bound first generation X5 is gone in favor of a more svelte evolution of the second generation's style. The first thing to noti...

Advocate General in case says that VW has complied

The German state of Lower Saxony will likely not face a fine for failing to comply with EU law for protecting Volkswagen, according to Advocate General Nils Wahl. The case concerns whether Lower Saxony complied with a previous ruling that...

It is one of two still in existence

Fashion designer Ralph Lauren is known for is collection of rare cars, and his 1938 Bugatti Type 57SC Atlantic won Best of Show at the 2013 Concorso d’Eleganza at the Villa d’Este. Lauren was on hand to present the car. L...

The car is expected to debut next year

The fourth-generation Prius is set to go on sale next summer or fall, and Toyota has been caught testing the car. News last year indicated that Toyota was deciding whether to simply evolve the look of the Prius for the new generation or to have a ...

The car's closest competitor would be the Leaf

Tesla has been riding high recently after paying back its US Government loan early, and the company's stock price exceeded $100 per share for the first time in its history this month. Its next car, the Model X crossover, has already been ...

It is the 15th five-star model in Renault's lineup since 2001

The Renault Captur has scored a five-star rating from Euro NCAP and met the test's stronger test standards that began in January 2013. It had an overall score of 80.5%. It scored 32 out of 36 points for adult protection, 39 out of 49 for child...

Figures slightly better than Chevrolet's first announcement

Chevrolet has officially announced that its new LT1 6.2-liter V8 in the seventh-gen Corvette has been rated at 460hp and 465lb-ft of torque, as long as the buyer specs the optional performance exhaust. Without the performance exhaust, power is rat...