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Would need a loan to cover the rest of the purchase

Fiat is negotiating privately with banks to secure a loan to buy the remaining 41.5% of Chrysler from the United Auto Workers medical benefits trust. Between negotiating the terms of the loan with the bank and negotiating the price of the shares w...

Would compete directly against F12berlinetta

Lamborghini has not had a truly new car since the Aventador that debuted at the Geneva Motor Show in February 2011. It may change that this year in Geneva with a V12 GT concept car that is meant to rival the F12berlinetta.  The news comes...

It will build more of the new 1.6 direct injected Ecotec turbo engine

Opel will spend €130 million to expand its Szentgotthárd, Hungary, factory to build its new generation of 1.6-liter, four-cylinder direct injection EcoTec turbo engines. Production of the engines has already begun at the factory, ...

Show's Korean brand's new exterior design

Korean brand SsangYong is bringing a premium crossover concept to the Geneva Motor Show that it calls the SIV-1, which stands for Smart Interface Vehicle.  The concept will be a premium-oriented crossover that will show the brand's fu...

One is a hybrid SUV and the other is smaller EV car

Mitsubishi is bringing two electrified concepts to the Geneva Motor Show. One is a hybrid SUV, and the other is still shrouded but appears to be an electric sedan or hatchback. Mitsubishi's goal is to have 20% of its car sales be electrified b...

Car was used for multiple scenes in the movie

A 1969 Lola T70 Mk.3B-Chevrolet that was featured in the 1970 film "Le Mans" will be auctioned at the Race Retro & Classic Car Sale by Silverstone Auctions on February 23 at Stoneleigh Park in the West Midlands, England. It...

Sales will not start until 2014

Chevrolet will give the Spark EV its European debut at the Geneva Motor Show on March 5 along with the seventh generation Corvette Convertible. The Spark EV will go on sale in a few European markets in 2014.  The Spark EV is powered by a ...

Record stood since 1983

Drivers Philip Young and Paul Brace smashed the record for a drive from Cape Town, South Africa, to London, England, in 10 days, 13 hours and 28 minutes. The previous record was 14 days, 19 hours and 26 minutes set by British Army Brigadier John H...

Testing its steering, suspension and chassis setup

Cadillac has taken its ELR range-extended hybrid coupe on a road trip from its headquarters near Detroit, Michigan, to the snow-covered upper peninsula of Michigan for extreme weather testing. Cadillac plans to put the car on sale in 2014.  ...

Will be revealed at the Geneva Motor Show

Mercedes is hopping into the hot hatch game for the first time with both feet with the new A45 AMG. The little hatch produces 355hp and 450Nm (332lb-ft) from a 2.0-liter turbocharged four-cylinder engine. It is the most powerful four-cylinder engi...