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Happy Thursday. Starting off the year right, with the first morning six-pack of 2014.
Italian carmaker Fiat struck a $4.35 billion deal to gain full control of Chrysler.
Renault, Toyota and Volkswagen led a 0.9 percent November gain in European car sales, according to industry data published on Tuesday.
The board of directors says an IPO will not be practicable this year.
Chrysler Group expects to set a price range for its IPO at $1.5 billion to $2 billion, the Wall Street Journal reported.
According to KBB, Nissan's Leaf tops the list of autos likely to depreciate the most over the next five years. The list is led by three electric cars.
New car registrations in the European Union increased for a second month in a row in October.
Chrysler Group LLC said on Friday it is recalling 1.2 million Ram pickup trucks to check for a defect that could cause loss of steering.
New car registrations released on Wednesday - often used as a proxy for sales - showed that demand is hinting at a recovery in countries such as Spain and Greece.
Fiat issued a statement strongly denying that its CEO Sergio Marchionne criticized the Chrysler IPO at a meeting of analysts.
Chrysler said it will recall an estimated 132,000 sport utility vehicles globally, mostly in the United States, to address potential software problems.
Toyota is recalling about 694,000 Sienna minivans in North America due to a shift lever problem.
Fiat hopes to start selling its Alfa Romeo 4C in the United States in the first half of 2014, CNBC has learned.
Chrysler Group is late in the stages of preparing its offering documents, and JPMorgan Chase is expected to underwrite the IPO.
European car sales fell 4.9 percent last month, the Association of European Carmakers said on Tuesday, as PSA Peugeot Citroen lost more ground to rivals.
European shares closed lower on Monday as tensions over Syria and monetary policy continued to dominate the agenda.
Nearly all automakers on Wednesday reported double-digit sales gains as August shapes up to be another strong month for the industry.
Four of Europe's largest car manufacturers are expected to lose a combined five billion euros ($6.6 billion) in the region this year, according to Moody's Investors Service, as demand falls to its lowest level in two decades.
It was put on hold after several problems and the funding was halted. Critics blamed poor oversight for the loss of money.
Tesla sales in the Golden State are supercharging: Sales of the electric car have surpassed Porsche, Jaguar, Volvo, Land Rover, and Lincoln.