ON THE TABLE - JULY 9, 2014
Monday, July 7, 2014 at 04:46PM
Editor

Editor-in-Chief's Note: Reuters is reporting that Fiat's founding Agnelli family wants to tighten its control of FCA after its merger with U.S. unit Chrysler and a New York listing later this year, according to a U.S. regulatory filing with the SEC. Wow, that's shocking. Seeing as the Agnellis have been repeatedly running the whole shebang into the ground (except for Ferrari) for decades, it's logical that after glomming-on to Chrysler's assets they would want to tap even more of that revenue stream coming from cranking out Jeeps and Ram trucks. For the record, the Agnellis control Fiat Chrysler with a 30 percent stake via holding firm Exor, but their voting power could rise to as much as 46 percent through a loyalty scheme put in place as part of the merger to reward long-term investors. Ah, of course. And here you thought Sergio's play for Chrysler was an altruistic gesture to save Chrysler from implosion and help America out, as he said repeatedly back when he was courting the Obama administration to get the deal done in the first place. As if. - PMD

(Images courtesy of Lexus)
Lexus says that the all-new 2015 NX "... unites the engineering input of racers with the impeccable touch of Lexus luxury in a design that steals the show." Yes, Lexus PR minions actually said that. The 2015 Lexus NX debuts in two versions, the NX 200t with a turbocharged 2.0-liter, 235HP four-cylinder engine and the NX 300h hybrid. Both NX models offer their own version of pro-active all-weather drive (AWD). The NX F SPORT has a more aggressive grille and lower front bumper, special wheels, black exterior mirrors and exclusive interior trim and front sport seats.

"Looking more sports-car than sport-utility" (wow, that's highly debatable), according to Lexus, the 2015 NX has standard and available technology including a Lexus-first Wireless Charging Tray for compatible phones and devices; the new Lexus Remote Touch Interface (RTI) with a touch pad; and a comprehensive Multi-information Display that features a Lexus-first G-Force meter and boost gauge.

 


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