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Mercedes-Benz unveils its revamped G-Class

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The all-new G-Class makes its public debut at the Detroit auto show in G550 form. Completely redeveloped and fitted with a 4.0-liter V8 biturbo gasoline engine offering 427ps and 450 lb-ft of torque at 2,000rpm to 4,750rpm, despite near-identical looks to its predecessor plenty has changed for the Mercedes-Benz SUV.


Ford’s F150 pickup gets its first diesel motor

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Developed by the powertrain team behind the 6.7-liter Power Stroke engine for super duty trucks, the all-new 3.0-liter V6 Power Stroke unit promises 250ps, 440 lb-ft of torque, and an anticipated 5175kg of towing capacity.


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In light of Fisker's solid-state battery breakthrough and claims of a one minute charge time, will this electric vehicle technology development kick-start mass BEV uptake? 

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Fiat to acquire remaining equity interests in Chrysler

Fiat has announced an agreement with the VEBA Trust, under which its wholly owned subsidiary, Fiat North America (FNA), will acquire all of the VEBA Trust’s equity membership interests in Chrysler.
In consideration for the sale of its membership interests in Chrysler, the VEBA Trust will receive US$3,650 million consisting of a special distribution payable by Chrysler to its members, in an aggregate amount of approximately US$1,900 million; and at closing, FNA will pay the remainder of approximately US$1,750 million to the VEBA Trust.
Chrysler and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) have also agreed to a memorandum of understanding under Chrysler’s existing collective bargaining agreements to provide for additional contributions by Chrysler to the VEBA Trust of US$700 million.
As such, the UAW will continue to support industrial operations at Chrysler and the further implementation of the Fiat-Chrysler alliance, including to use best efforts to cooperate in the continued roll-out of Fiat-Chrysler manufacturing programs, actively participate in benchmarking efforts associated with implementation of these programs across all of Fiat-Chrysler manufacturing sites to ensure objective performance assessments and provide for proper application of WCM principles, and actively assist in the achievement of Chrysler’s long-term business plan.
“I have been looking forward to this day from the very moment that we were chosen to assist in the rebuilding of a vibrant Chrysler back in 2009,” said John Elkann, chairman of Fiat. “The work, commitment and achievement I have witnessed from Chrysler over the past four and a half years is nothing short of exceptional, and I officially welcome each and every one of the people in the Chrysler organization to the integrated Fiat-Chrysler world.”

8 January 2014


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