Chrysler and Fiat get a new logo, Dutch incorporation, UK tax shelter

Chrysler Group reported an increase in earnings for the fourth quarter as the launch of the2014 Jeep Cherokee and higher U.S. sales helped the automaker to its third straight annual profit. In a separate announcement today, Chrysler and Fiat said their combined company will be renamed Fiat Chrysler Automobiles NV.

Vauxhall ADAM with new 1.0 ECOTEC 3-Cylinder engine will debut at Geneva

The Vauxhall ADAM (pictured) gets the new 1.0 litre 3-pot ECOTEC engine At the Frankfurt Motor Show last year, Vauxhall announced they would be offering the Vauxhall Adam with their new 1.0 litre 3-cylinder ECOTEC engine in 2014, and we now know it will debut at the Geneva Motor Show next month before going on sale in the spring. The new 1.0 ECOTEC 3-Cylinder engine is Vauxhall’s answer to Ford’s 1.0 litre EcoBoost proliferating across Ford’s range, and if it’s half as good as Ford’s unit it should make the 3-pot Adam a fun and appealing option. Available in two states of tune – 89bhp or 113bhp – with both delivering 122lb/ft of torque and with a new 6-speed manual ‘box that’s 30 per cent lighter, the new engine delivers 30 per cent more torque than Vauxhall’s 1.6 litre petrol but can manage 62mpg and emissions of 99g/km for the 89bhp version.

GM delays innovative new diesel truck engine

General Motors' deteriorating financial situation has caused the company to delay one of the most advanced engines that it has ever designed, a 4.5-liter diesel for light-duty trucks. "We have to make tough decisions right now," GM Powertrain spokeswoman Susan Garavaglia said. Truck enthusiasts were eagerly awaiting the engine, which would have started production next fall at GM's plant in Tonawanda, N.Y.