Daimler is moving about a fifth of the production of its Mercedes-Benz C-class volume model from its Sindelfingen plant in Germany to its U.S. factory in Alabama to compensate for a weak dollar.
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Mercedes-Benz will add production of C-class sedans to its plant in Vance, Alabama, starting in 2014.
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Mercedes-Benz will add production of C-class sedans to its plant near Tuscaloosa, Ala., starting in 2014.
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Daimler AG is moving about a fifth of the production of its Mercedes-Benz C-class volume model from its Sindelfingen plant in Germany to its U.S. factory in Alabama starting in 2014 to compensate for a weak dollar.
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Merbanco Merchant Banking said it is out as a bidder for Saab. Spyker Cars emerged as a new bidder and Beijing Auto could also be among the possible contenders. GM gave Saab a reprieve until Dec.
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Merbanco Merchant Banking said it is out as a bidder for Saab. Spyker Cars emerged as a new bidder and Beijing Auto could also be among the possible contenders. GM gave Saab a reprieve until Dec.
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U.S. private investment firm Merbanco Merchant Banking said it is out as a bidder for Saab. Merbanco CEO Christopher Johnston said Saab parent General Motors Co.
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Ford Motor Co. is betting that the small-car segment will continue to grow and that the Fiesta will be the right vehicle at the right time. The 2011 Fiesta is Ford's newest car.
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When the 2011 Ford Fiesta launches, it will be missing one of Ford Motor Co.and#8217;s most promoted technologies. But an EcoBoost engine is on the horizon for the new subcompact.
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The resale values of 2010 Toyota and Lexus vehicles will not be hurt by Toyota Motor Sales U.S.A.and#8217;s massive recall campaign, predict two companies that specialize in projections of residual values.
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Ford Motor Co. will introduce subcompact variants beyond the new Fiesta. The 2011 Fiesta will go on sale in the United States next summer in four-door sedan and five-door hatchback body styles.
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In a 25-year career at General Motors Co., Fritz Henderson followed his predecessor and mentor, Rick Wagoner, through a series of high-profile assignments concluding with the top job.
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Ford Motor Co. is asking Ford-brand dealers to tune up their showrooms and sales staffs for the sales launch of the 2011 Fiesta next summer. The program is voluntary and will require special commitments from participating dealerships.
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Opel will stick to plans to maintain production at current levels at its Spanish base, parent company General Motors Co. told union representatives. Opel's plant in Zaragoza employs 7,500 people out of Opel's 50,000-strong European work force.
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General Motors Co. CEO Fritz Henderson has stepped down at the request of GM's board of directors, and Chairman Ed Whitacre will replace him on an interim basis while GM searches for a new leader.
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Bill Ludwig will become Campbell-Ewald's chairman and CEO on Jan. 1, taking the reins of an advertising agency amid uncertainty over its biggest and oldest client -- Chevrolet.
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In two years, Ed Whitacre has gone from running the largest U.S. telecommunications company to the largest U.S. automaker. And the new interim CEO of General Motors Co. has used his reputation as a bulldog and deal maker to do the job.
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It's not clear what influence Fritz Henderson's resignation as General Motors Co. CEO will have on slow-moving dealer settlement talks with GM and Chrysler Group, a leader of a rejected-dealers group said Tuesday.
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Five things to keep in mind as yet another changing of the guard takes place at General Motors: 1. Fritz Henderson did a heck of a job; 2. Ed Whitacre needs to be dynamically conservative in his new role; 3.
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In the new Detroit, it's all about the CEO, all about having the right guy in command at the right time. We are in the era of the outsider hero. The relative calm at Ford Motor Co.
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