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Fiat to increase Chrysler stake to 51% ahead of IPO?

According to Automotive News, Fiat may be looking to increase its stake in Chrysler from 20 percent to 51 percent before the Pentastar goes public. If true, that would mean that Fiat intends to repay Chrysler's federal loans before their 2013 due date. Doing so would allow the Italian automaker to sink its teeth into its American property by an additional 16 percent.

Ford teases Focus electric ahead of CES

It's been nearly a full year since Ford made it clear that the automaker is planning to roll out an all-electric version of its Focus, and now we have our first glimpse at what to expect from the car. The Blue Oval has dusted off its first teaser of the New Year with a shot of the charging port on the EV Focus. Interestingly enough, Ford has decided to skip the Autoblog Staff

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