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Spy shots and exclusive images of the new Audi A8 saloon plus details on its weight-saving tech, ‘level 3’ autonomy and hybrid engines
The next Audi A8 will hit back at the Mercedes S-Class and BMW 7 Series on the technology and efficiency fronts. The new A8 will use more aluminium in its construction than ever before, as well as components made out of magnesium and carbonfibre – but it’s still likely to gain a few kilos because of autonomous tech and a proposed hybrid powertrain. The new 2017 Audi A8 is due to be revealed this summer, with sales starting by the autumn.
The German brand’s flagship A8 saloon has a history of lightweight construction – but engineers admit that responding to customer demands is likely to bring a small gain in kerbweight for the [...]
Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) [...]