Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies’ chief executive officer said. Continue reading Fiat may hike Chrysler stake to 51% before IPO, sees no merger

A man walks through a storage lot at the SAIC-GM Wuling-Automobile Co. factory in Liuzhou, China, in August 2009. Major mini-vehicle makers, such as Chongqing Changan Automobile and GM-SAIC-Wuling, may be affected by China’s latest move to end sales subsidies on certain models. Minivans and pickup trucks are popular in rural areas, analysts say. Photo credit: Bloomberg file photo Continue reading China to end subsidies to spur sales in rural, farm regions

The 2011 Toyota Yaris is a subcompact that has the fuel economy of a hybrid. It runs at 29 miles per gallon for city driving and 35 miles per gallon for open highways. It is lightweight and can easily fit four adults. The 2011 model is now available in more color choices and has been fitted with an electronic brake-override system. The price of the 2011 Yaris starts at $13,615. Continue reading A Preview Of The Latest 2011 Toyota Yaris