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FCA ready to spin off Ferrari


Fiat Chrysler Automobiles has announced a range of measures that could potentially bring in cash worth $4 billion, including a 10% Ferrari share listing in an IPO. The recently merged Fiat Chrysler Automobiles has set up back in May a hugely ambitious growth plan that should bring a fivefold profit increase and a 60% jump in sales by 2018. In order ...
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Ebola-positive New York doctor hitched a ride with Uber
A New York City doctor, 33-year old Craig Spencer has been tested positive for Ebola after returning from work in West Africa and on his return home he was taken ...
Italy: FCA starts trading in Milan with shares up 2.7%
The world’s seventh-largest automaker, recently merged Fiat Chrysler Automobiles, had strong debut in Europe when shares of the new company became available for the first time on Monday on the ...
FCA could see massive share trading after initial listing
According to a forecast made by Reuters, the recently merged Fiat Chrysler Automobiles could trade in shares worth almost $830 million after starting New York trading on Monday, to secure ...
Fiat Chrysler Automobiles to become official on October 12
With all conditions for the merger finally met, Fiat SpA announced it would be incorporated together with its wholly-owned subsidiary Chrysler Group LLC into the Dutch-registered FCA this Sunday. After first ...
CEO Marchionne confident on FCA’s New York listing
Fiat Chrysler Automobiles is nearing its historic listing on the New York Stock Exchange and the chief executive of the newly merged group is confident the shares would mostly trade ...
Cadillac brand to relocate its headquarters to New York
General Motors, the No. 1 US automaker, has announced its Cadillac luxury brand decided to open a new headquarters in New York in 2015 in a move to reshape the ...
US: GM ignition switch lawsuits begin discovery procedures
Some of the numerous cases filed against General Motors have been approved to start discovery – which means plaintiffs and their lawyers can request documents to the company in relation ...
Toyota Urban Utility Concept unveiled
The Japanese based automaker Toyota has officially pulled the wraps off the Urban Utility Concept, which will be officially introduced at the World Maker Faire event, this weekend. Toyota’s newest creation ...
Take a look at New York’s rain deluge and its impact on motorists
On Wednesday, massive rainfalls hit the New York area and other parts, even disrupting production of cars at the plants operated by the Detroit three. Fortunately the torrent has not lasted ...

latest automotive news
Test Drive: Mercedes-Benz GLA 220 CDI
The Mercedes compact family has a new member – the adventurous GLA crossover. That means the lower-end of the luxury ...
The Nurburgring has a new owner – Viktor Kharitonin
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Mazda will be officially pulling the wraps off a new body style of the Mazda2, the Sedan, at the 2014 ...
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New spy photos with the new Mercedes-Benz CLA Shooting Brake have surfaced and they are showing the model in question ...
Mercedes-Benz GLE Coupe caught on camera
Our spy photographers have caught on camera recently the brand new Mercedes-Benz GLE Coupe while it was being tested out. The ...
Meet Karl – Opel’s new entry-level city car
The German based automaker Opel is planning to introduce a new five-door entry-level city car, called Karl, sometimes next year. Opel ...
Recall roundup: Fiat Chrysler Automobiles’ vans and SUVs for two separate problems
Fiat Chrysler Automobiles has announced two separate recalls which are covering several vans and SUVs in the United States because ...
Hyundai milestone: 10 million Elantras sold
The South Korean based automaker Hyundai has officially announced the selling of over 10 million units of the popular Elantra ...
Mercedes-AMG GT is almost sold out for 2015 and 2016 model years
The Mercedes-AMG GT has been almost sold out across the globe for the 2015 and 2016 model years. Even if it ...
Recall roundup: Ford Edge and Lincoln MKX
Ford has issued a recall for several Edge and Lincoln MKX vehicles because of a problem with corrosion. The North American ...
BMW M4 Special Edition GTRS4 by Vorsteiner going to SEMA
The aftermarket specialists from Vorsteiner have officially announced the official introduction of the BMW M4 Special Edition GTRS4 at the ...
Another Ferrari LaFerrari is up for sale
Another unit of the impressive Italian hybrid supercar Ferrari LaFerrari is up for grabs, this time in the United Arab ...
Takata debacle puts GM’s mishaps under the shade
The year started off incredibly hard for General Motors, after a February recall that led to lawsuits, a total rethink ...
2015 Ford Everest to be unveiled in November
The North American based automaker Ford is planning to officially pull the wraps off the 2015 Everest in mid-November. The 2015 ...
Three new Scion Concept cars going to SEMA
Scion has announced its plans to introduce no less than three new concept cars at the upcoming 2014 SEMA Motor ...
US: October sales expected to remain strong
The news are gloomy again, with huge swings on global stocks and threatening headlines about a new economic crisis, but ...
Meet the AeroMobil 3.0 – a functional flying car
The Slovakian based company called AeroMobil has officially unveiled the third generation of its flying car, named suggestively the 3.0. Mankind ...
US: Dodge restarts production of the 2014 Viper SRT
The Viper was resurrected in 2012, but the manually fabricated American take on the supercar had a slow start – ...