MILAN (Reuters) -- General Motors seeking advice from investment banks shows it is taking an attempt by Fiat Chrysler Automobiles to force a merger with its larger U.S. rival seriously, analysts and traders said.
Data released by JATO Dynamics shows that Europe's car market slowed to growth of just 0.8% in May. However, the underlying picture remains one of national markets in recovery.
Daimler said it had hired Sajjad Khan, a senior BMW executive responsible for the automaker's Connected Drive program, in a coup for the Mercedes-Benz parent company.
UAW President Dennis Williams, using his final press conference before the start of contract negotiations with the Detroit 3, today vowed to address the pay disparity between entry-level workers and longtime auto workers meaningfully in this year's...
A midsize sedan can exceed the 54 mpg needed to comply with the U.S.
Automakers affected by the Takata airbag inflator recall have loaded the ID numbers of millions of recalled vehicles into a searchable system, allowing consumers and government officials to examine the data, U.S. safety regulators said on Wednesday.
Alfa Romeo played a prominent role in the five-year plan announced by Fiat Chrysler Automobiles in May 2014. Bill Cawthon considers the weak position of the Alfa brand, FCA's business strategy and Sergio Marchionne's apparent longing for a merger with GM
News
18 Jun, 2015
Alternative Dispute Resolution legislation will make companies pass dissatisfied consumers on to a resolution provider
Daimler might sell its Mercedes dealerships in eastern Germany to China-based Lei Shing Hong, Stuttgarter Zeitung reported, citing people with knowledge of the matter.
After recently opening a new bus plant in India, Daimler said it was further expanding its bus business in Latin America: wholly owned subsidiary Daimler Colombia is opening a new bus plant in Funza near Bogotá with an installed capacity of 4,000 units per year.
General Motors and Fiat Chrysler Automobiles have turned to investment banks for help to deal with a stand-off as FCA seeks to force a merger with its Detroit-based rival, according to a news agency report.
Features
20 Jun, 2015
These aesthetically challenged motors might look like they were designed in the dark but some could make decent used buys
Continental has announced the start of its new Chongqing plant partnered with Huayu Automotive Systems (HASCO) at a signing ceremony.
Mitsubishi Motors has launched a facelfted Outlander range in Japan following the public debut in New York last April.
Toyota expressed confidence in communications chief Julie Hamp, its first female senior executive, after she was arrested Thursday on suspicion of a Japanese drug offense involving a prescribed medication, saying she did not intend to break any laws.
Fisker is ramping up its re-entry into the luxury automotive market by opening its first US manufacturing facility in Moreno Valley, a short distance from its headquarters in Costa Mesa.
General Motors and Fiat Chrysler Automobiles have turned to investment banks for help to deal with a stand-off as FCA seeks to force a merger with its Detroit rival, sources familiar with the matter told Reuters.
PSA has established a business unit to develop an EV strategy for the automaker's Peugeot, Citroen and DS brands. The automaker plans to launch a new generation of EVs based on its small-car platform in 2020.
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