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Jun
10th

GM says it’s ready to tackle small cars

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Desperate to eliminate red ink, General Motors thinks it has created a factory method to build small vehicles profitably in North America. GM calls the method "interbuildability." Full story...
Jun
10th

Delphi lenders seek auction for competing bid

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Several lenders that provided bankruptcy funding to supplier Delphi Corp. are seeking to make their own competing offer for the auto-parts supplier, their lawyers said today. Full story...
Jun
10th

Marchionne names Jim Press as deputy CEO of new Chrysler

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Sergio Marchionne, the Fiat CEO who heads the reborn Chrysler Group LLC, appointed a new management team that retains former President Jim Press and created a brand organization that mimics Fiat's. Full story...
Jun
10th

Fiat’s Marchionne names Jim Press deputy CEO of new Chrysler

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Sergio Marchionne, the Fiat CEO who heads the reborn Chrysler Group LLC, appointed a new management team that retains former President Jim Press and created a brand organization that mimics Fiat's. Full story...
Jun
10th

York says Chrysler and GM needed bankruptcy

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Jerry York, the former Chrysler CFO who became an outspoken critic of General Motors as a board member, said Tuesday the bankruptcies for the two automakers were "absolutely necessary." Full story...
Jun
10th

CEO Bob Nardelli’s farewell letter to employees

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I am pleased to report that we have closed the alliance agreement between Chrysler Group LLC and Fiat S.p.A. and have emerged from bankruptcy in record time. Full story...
Jun
10th

Outgoing CEO Bob Nardelli’s farewell letter to employees

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I am pleased to report that we have closed the alliance agreement between Chrysler Group LLC and Fiat S.p.A. and have emerged from bankruptcy in record time. Full story...
Jun
10th

Toyota considers alternative use for Mississippi plant

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Toyota's stalled Prius factory project in Tupelo, Miss., might not be a Prius factory when work on the plant finally resumes. The company is entertaining new ideas about other products it could build there, said Steve St. Full story...
Jun
10th

Chrysler, Fiat finalize deal; new Chrysler begins immediately

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Chrysler LLC completed the sale of its strongest assets to a group led by Fiat S.p.A. today, reviving the 84-year-old automaker after it was down to its last dollars and facing liquidation late last year. Full story...
Jun
10th

Fiat completes alliance; new Chrysler Group takes shape

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Fiat S.p.A. closed its takeover of Chrysler today, sealing the deal on Fiat's ambitious move to create a growing global player amid one of the worst crises in the auto industry's history. Full story...
Jun
10th

‘Cash-for-clunkers’ bill clears House:

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The “cash-for-clunkers” legislation cleared another hurdle Tuesday, winning passage in the U.S. House of Representatives. Full story...
Jun
10th

MARKET SNAPSHOT: Nigeria loses its sole car plant

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Nigeria's auto industry faces complete collapse this year as it loses its only operational car plant, Peugeot Automotive Nigeria (PAN), according to market researchers at Business Monitor International (BMI). Full story...
Jun
10th

Mercedes uses downtime to train suppliers

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Mercedes-Benz U.S. International Inc. is using vehicle production downtime at its Alabama assembly plant to train suppliers in the Mercedes production system, outgoing CEO Bill Taylor told the Automotive News Manufacturing Conference here yesterday. Full story...
Jun
10th

Renault imports banned from world’s largest auto market

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China's quality inspection agency has halted the import of several models made by French carmaker Renault, citing what it called "serious safety risks" and failure to meet technical standards. Full story...
Jun
10th

Renault imports banned from China due to safety concerns

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China's quality inspection agency has halted the import of several models made by French carmaker Renault, citing what it called "serious safety risks" and failure to meet technical standards. Full story...
Jun
10th

Renault cars banned from China on safety concerns

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China's quality inspection agency has halted the import of several models made by French carmaker Renault, citing what it called "serious safety risks" and failure to meet technical standards. Full story...
Jun
10th

U.S. House OKs legislation to spur auto sales

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The U.S. House of Representatives approved legislation on Tuesday intended to spur auto sales by providing consumers with up to $4 billion in cash vouchers to buy more fuel-efficient cars and trucks. Full story...
Jun
10th

Crashing the party: An tire incident in the Ford Fiesta:

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If you want to read about how the car drives, that review is coming in our next issue. For now, I’ll tell you how it crashes. Full story...
Jun
10th

Crashing the party: A tire incident in the Ford Fiesta:

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If you want to read about how the car drives, that review is coming in our next issue. For now, I’ll tell you how it crashes. Full story...
Jun
10th

Chrysler blew prebankruptcy chance to sell Viper, buyer says:

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Michigan businessman Scott Devon was surprised to learn that no one was interested in buying Chrysler’s Dodge Viper business. Full story...
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