Fiat Share Prices Fall as European Banks Become More Weary

  The CEO of Fiat, Sergio Marchionne had recently announced that he was interested in acquiring the rest of Chrysler, and completely merge the two companies. However, this ‘announcement’ has made two European banks become more weary of the situation, and so, they`ve downgraded Fiat’s stock. One bank, UBS AG, is changing the status of the company’s stock from a ‘buy’ rating, to a ‘neutral’ rating, while Deutsche Bank changed the stocks’...

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Buick May Get New Logo

Automaker logos, while they may be very important for a company’s tradition and historic value are often changed nowadays, to go along with some sort of ‘refresh’ of the range, or just to keep them looking fresh and modern, while still keeping the essence intact. After having finished their comprehensive model overhaul of Buick, General Motors may also be changing the logo, as well. The Detroit Free Press says that GM’s North America President,...

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Honda Civic 1.6 Diesel Gets Its First Fleet Sale in UK

Just a few days after the official launch of production in Swindon, Honda has secured the first local fleet sale for the car from Co’dair Group, an Essex-based design and publicity agency, which has ordered 18 of the cars, replacing its entire fleet. The new 1.6-liter turbo diesel was built from the ground up with the European market in mind. It produces 120 PS and 300 Nm of torque at 2,000rpm, emitting only 94 grams per kilometer of...

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