GM and Chrysler may be shuttering dealerships around the country as we speak, but electric carmaker Tesla is doing just the opposite. The company plans to open seven new dealers in the U.S. and Europe by the end of this month. As it is, the company only has two dealerships in southern and northern California. [...]

Chrysler’s sale of assets to Fiat has been officially OK’d by bankruptcy court. For Fiends like us, that means just one thing – we’re getting the 500. Aside from a slick-looking gas sipper, the little Italian job is a blast to drive. With a little tweaking courtesy of in-house tuner Abarth, it’s also damn quick. [...]

With Chrysler doing its best to salvage a viable company from the flames of bankruptcy, it’s no surprise to see sponsorship dollars evaporate. That doesn’t make it suck any less when winning teams lose their ride. Chrysler’s tuning division, Mopar, has ended its relationship with Sam Hubinette, otherwise known as the Crazy Swede. Hubinette has [...]

I. The FIA’s decision to implement a budget-capped class to F1 is likely to meet a significant challenge in the near future. The new measure would introduce a separate class of teams whose annual budget could not exceed $60 million. Teams that chose to run under those rules would be given aerodynamic advantages and would [...]

I. General Motors lost $6 billion in the first quarter of ‘09, and managed to spend $10 billion as auto sales plummeted. Even with new management, things don’t look too hot for GM when the June 1 restructuring deadline hits. [Autoweek]

I. Porsche and Volkswagen may soon share space under the same management company, provided their parent company, Porsche Automobil Holding SE, can ok the deal with labor groups. The deal would pretty much put the kabosh on Porsche taking over VW, and would put wither Ferdinand Piech or Wolfgang Porsche in charge of both companies. [...]

So long as the bankruptcy courts OK Chrysler’s plan for solvency, it looks like we may have our first shot at Fiat’s loveable 500 as soon as 18 months from now. The big C’s plans so far as which Italian models would get the rebadge treatment showed up in court recently and Edmunds was on [...]

Fiat just can’t seem to get enough of bad-for-your-health American cuisine. Mere days after Chrysler said the Italian company is interested in partnering up, Fiat confirmed rumors it has its sights set on snapping up General Motors’ European arm. Why? To take over the world, of course! Seriously, though, Fiat wants to meld Chrysler, EU [...]

Word Chrysler and Fiat have finally saddled up together means we’re in for a whole new generation of rebadged goodness. The house that Hemi built is no stranger to sharing platforms. In fact, some of its best and worst models have been sourced from carmakers around the globe, and to show you what we mean, [...]

After months, months, months and more months of rumors and lies, it looks like Chrysler and Fiat have finally jumped into bed together. In a press release, Chrysler said it won’t be taking a walk down GM’s path and slice brands left and rice. Instead, the company will keep Jeep, Dodge and Chrysler. It filed [...]