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Oct
13th

Source: GM, Chrysler talking

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General Motors, battling shrinking U.S. sales and a plummeting stock price, is discussing a possible combination with Chrysler LLC, a person familiar with the talks said. Read more ...
Oct
13th

Beyond merger talks, GM eyes federal funds

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What's good for General Motors is good for the country. When former GM CEO Charles Wilson told the U.S. Read more ...
Oct
13th

Dealer casualties expected

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Dealer casualties may increase because of collapsing new-car sales. "There will be fallout but our goal is to minimize the impact as much as we can," said Brent Dewar, General Motors Europe's vice president of sales and marketing. Read more ...
Oct
13th

At risk: European car factories

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Automakers could be forced to close factories in Europe because of plunging new-car sales. Where are factories vulnerable to closure? Industry experts say Spain, Portugal, Sweden, Belgium and the UK are the countries where plants are most at risk. Read more ...
Oct
13th

Europe’s struggling Chrysler dealers form lobby group

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Chrysler's European retailers have formed a new dealer body. The association will represent the US carmaker's dealers in most European countries including Germany, France, Spain and Poland. Read more ...
Oct
13th

Award winner

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Tata Group Chairman Ratan Tata accepted an Automotive News Europe Eurostar award. Other Eurostar winners included Ford of Europe CEO John Fleming, Robert Bosch Automotive Chairman Bernd Bohr and BMW's head of group purchasing, Herbert Diess. Read more ...
Oct
13th

Brilliance pledges to be Europe’s low-price leader

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Brilliance Jinbei Automotive is ready to fight to remain a low-price leader in Europe. "We have to have a lower price. That is clearly our advantage," said Hans-Ulrich Sachs, managing director of HSO Motors Europe, Brilliance's importer for Europe. Read more ...
Oct
13th

A Romania-built minivan for Ford

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Ford of Europe will build the replacement to its Fusion small minivan in Craiova, Romania, a person familiar with the matter told Automotive News Europe here last week. Read more ...
Oct
13th

Infiniti launches first European showroom

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Nissan has opened the first stand-alone showroom in Europe for its luxury brand Infiniti. The sleek, arty 500-square-meter shop is in the heart of an exclusive part of the French capital. Read more ...
Oct
13th

PSA will launch low-cost car

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PSA/Peugeot-Citroen is developing an entry-level car that will be produced and sold in emerging markets starting in 2011. Read more ...
Oct
13th

VW offers troubled dealers money to close their doors

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Volkswagen group is offering its loss-making German dealers money to close. Read more ...
Oct
13th

Going from bad to worse

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The global banking crisis is adding to the woes of an already weakened European auto industry. As a result of the crisis, automakers and partsmakers may be forced to shut down factories and many dealers may face bankruptcy. Read more ...
Oct
13th

GM gets tough with minority suppliers

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General Motors purchasing chief Bo Andersson is taking a hard line, even with minority suppliers, and is eliminating poor performers. He said he cut 10 in the past year. Read more ...
Oct
13th

Chrysler looks at partners for mid-sized cars

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Chrysler LLC will decide by late winter whether to partner with another automaker on its global mid-sized car platform, known as Project D, says CEO Bob Nardelli. Read more ...
Oct
13th

Do-gooder or pariah?

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Sunshine and sea breezes characterize the cozy auto retailing world of southern Florida. That and contempt for auto dealer Earl Stewart. Read more ...
Oct
13th

2 views: How the candidates’ tax plans affect dealers

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If Barack Obama becomes the next president, Boston area auto dealer Ray Ciccolo figures his tax bill may go up nearly $1 million a year. Ciccolo, who owns seven luxury and import brand stores, supports Republican John McCain. Read more ...
Oct
13th

Conference panel explores future powertrains

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Which clean powertrains will emerge as winners? Learn the answers at the first Automotive News Green Car Conference and Exhibition on Nov. 13 in suburban Detroit. Read more ...
Oct
13th

Detroit dilemma: Big prices for small cars

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The Detroit 3 are adding premium equipment to small cars to replace lost profits from big trucks. Read more ...
Oct
13th

Booth, a Ford star in Europe, lands CFO hot seat in U.S.

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Think of Lewis Booth as another European import that Ford Motor Co. is relying on to revive the Blue Oval. With Booth's move to CFO, Ford chief Alan Mulally is looking to tap into the management savvy that helped put Ford of Europe on an upswing. Read more ...
Oct
13th

Nardelli warns of industry collapse

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Bob Nardelli, just 14 months into his tenure as CEO of Chrysler LLC, now fears the collapse of an "extremely fragile" auto industry amid the credit crisis and Wall Street meltdown. Read more ...
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