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May
4th

Fiat-GM Europe tie-up would depend on sharing platforms — again

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The key to Fiat CEO Sergio Marchionne's vision of combining Fiat and GM Europe's operations is sharing platforms between and benefiting from better economies of scale. Full story...
May
4th

Sharing platforms is the key to success for any Fiat-Opel deal

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Fiat CEO Sergio Marchionne believes he could save 1 billion euros a year from merging his operations with General Motors' European operations. Full story...
May
4th

Designer of new VW Scirocco moves to Mazda

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Former Volkswagen designer Derek Jenkins has been hired to be the design chief for Mazda in America. Full story...
May
4th

VW Scirocco designer to lead Mazda’s U.S. designers

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Former Volkswagen designer Derek Jenkins has been hired to be the design chief for Mazda in America. Full story...
May
4th

Mazda hires VW designer Jenkins to head U.S. staff

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Mazda has hired former Volkswagen designer Derek Jenkins as its U.S. design chief. Full story...
May
4th

Mazda hires VW Scirocco designer Jenkins to head U.S. design staff

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Former Volkswagen designer Derek Jenkins has been hired to be the design chief for Mazda in America. Full story...
May
4th

Edscha to be sold in 2-4 months, says report

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Its likely that insolvent German auto parts supplier Edscha will be sold in an auction to various investors in two to four months' time, its court-appointed administrator said in an interview with a German newspaper. Full story...
May
4th

Fiat’s Turkish joint venture sees big Q1 profit drop

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Carmaker Tofas, a joint venture of Turkey's Koc Holding and Fiat, posted a net profit of 32.86 million lira ($20.66 million) in the first quarter, down 60 percent from a year earlier. Full story...
May
4th

No Porsche sale to VW, says Wolfgang Porsche

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Wolfgang Porsche, head of the supervisory board of Porsche and patriarch of one of its two controlling families, told a German Sunday newspaper that the carmaker will not be sold to Volkswagen. Full story...
May
4th

Fiat mulls new company with Chrysler, GM Europe

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Fiat Group could combine its automobile business into a new company that would also include its Chrysler stake and General Motors' European operations. Full story...
May
4th

Chrysler bankruptcy reveals potholes GM may face

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Chrysler's bankruptcy filing underscores just how difficult it would be for General Motors to complete its own restructuring deals with key stakeholders and avoid the same fate as its smaller rival. Full story...
May
4th

Fiat’s Turkish joint venture sees big Q1 profit decline

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Carmaker Tofas, a joint venture of Turkey's Koc Holding and Fiat, posted a net profit of 32.86 million lira ($20.66 million) in the first quarter, down 60 percent from a year earlier. Full story...
May
4th

Germany’s Edscha to be sold in 2-4 months – report

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Its likely that insolvent German auto parts supplier Edscha will be sold in an auction to various investors in two to four months' time, its court-appointed administrator said in an interview with a German newspaper. Full story...
May
4th

Germany’s Edscha to be sold in 2-4 months, says report

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Its likely that insolvent German auto parts supplier Edscha will be sold in an auction to various investors in two to four months' time, its court-appointed administrator said in an interview with a German newspaper. Full story...
May
4th

Chrysler bankruptcy reveals potholes GM may face next

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Chrysler's bankruptcy filing underscores just how difficult it would be for General Motors to complete its own restructuring deals with key stakeholders and avoid the same fate as its smaller rival. Full story...
May
4th

Fiat’s Turkish joint venture sees steep decline in Q1 profit

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Carmaker Tofas, a joint venture of Turkey's Koc Holding and Fiat, posted a net profit of 32.86 million lira ($20.66 million) in the first quarter, down 60 percent from a year earlier. Full story...
May
4th

Ford Otosan Q1 net profit falls 92%

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Turkish vehicle maker Ford Otomotiv posted a non-consolidated net profit of 31.20 million lira ($19.62 million) in the first quarter, down 92 percent from a year earlier. Full story...
May
4th

Porsche won’t be sold to VW, says Wolfgang Porsche

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Wolfgang Porsche, head of the supervisory board of Porsche and patriarch of one of its two controlling families, told a German Sunday newspaper that the carmaker will not be sold to Volkswagen. Full story...
May
4th

Fiat considers new company with Chrysler and GM Europe

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Fiat Group could combine its automobile business into a new company that would also include its Chrysler stake and General Motors' European operations. Full story...
May
4th

Store need cuts? This guy’s got the ax

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Last November, Bob Cockerham closed his Suzuki dealership in Rio Rancho, N.M. Its new-vehicle sales had plunged 60 percent from the previous year. Full story...
With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up van, insurance you can rely on is a must.
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