Chrysler LLC and Fiat recently announced a partnership and is set to share their technology platforms and components to improve their range of vehicles offerings.
Fiat (more Fiat car news here!) is said to have a 35% stake in Chrysler (more Chrysler stuff here!) but will eventually take over a 55% share of.
Chrysler suffered a 30% drop in sales in 2008 because of the skyrocketing fuel prices. The company’s loss was the steepest among the major players of the automotive industry. It can also be pointed to the dependence of Jeep SUVs and Dodge Rams on stocky Hemi V8 and V8 engines to power its vehicles.
Fiat, on the other hand, uses engines suitable for the needs of the European market where gasoline is in the area of $7 per gallon. The company invested in various technologies that will help in lowering down the emission and improve fuel efficiency of their vehicles.
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Chrysler, Fiat
I love this new Shelby Mustang GT500. It’s a faster, more agile, more expensive and more BRUTE version of an already very loveable Ford Mustang….
Photos thanks to Ford Car Talk.
Ford, Shelby
After the reveal of the Mazda 3 Sedan in the LA Auto Show, the car manufacturer unveils the Mazda 3 Hatchback in Italy. Both Mazda 3’s are expected to hit the European market next spring to be followed by the United States and the rest of the world.
In the United States, two gasoline engine variants will be offered. One will sport a 2.0L that has an output of 148 horsepower and another as a 2.5L power plant that generates 167 horsepower. The European market will be getting different engines to suit the standards of the local market.
The Hatchback that will be enjoyed by the European market will be running on a newly developed MZR-CD turbo diesel 2.2L engine borrowed from the new Mazda 6. This is in addition to the 2.0 and 1.6L variants. Europe will also get the MZ-CD 1.6L turbo engine that runs on diesel.
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Mazda
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