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Chrysler merger with Fiat is on track


Fiat said that its merger with Chrysler is on track after a tally of shareholders votes showed there are no derailments to the plan, a crucial step in the Italian carmaker’s turnaround strategy. Sergio Marchionne, Fiat’s CEO, wants to merge the two auto makers into a Dutch-registered company called Fiat Chrysler Automobiles (FCA) to get on the US stock market. The ...
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Russia: auto winners and losers of the political/economic crisis
Europe’s second largest auto market, once billed to overcome Germany for the top position, is deep entrenched today in a politically and economically driven slump. Last year’s new car sales in ...
Europe: carbon market puts auto industry at odds with environmentalists
Green campaigners are set to clash big time with the forces of the automotive industry, as a debate over the inclusion of the road transport into the EU carbon market ...
Automakers from Mercedes-Benz to Kia flock to the Pebble Beach Concours d’Elegance
The Southern California annual automobile event is a classic one – actually in more than one way – it has become an outstanding tradition and is dedicated to historical cars. But ...
US: increased sales and rising number of models strain automakers and suppliers
The Detroit automakers are on an unprecedented global offensive of products this year. For example, Ford alone is churning out 23 products, 16 of them also dedicated to the North ...
Automakers swing from BRIC to ASEAN nations for growth
Although China will maintain its leadership over the auto industry, executives and analysts have curbed their enthusiasm for the other BRIC nations - Brazil, Russia and India. The carmakers have started ...
Chip manufacturers rise thanks to automobile use
If you own a high-end smartphone or tablet, chances are the latest silicon from Apple, Qualcomm or Nvidia powers them. In the near future, there are also great odds they ...
US: Asian automakers show strong performance in June
Just as the overall pace of the industry managed to stay ahead of predictions and post another positive month, so did the traditional Asian automakers, which managed a strong performance ...
US: automakers could see drops in June
While some analysts and forecasters see new car sales in the US rising slightly in June, there are others who predict the slight percentage to actually be on the negative ...
US recall record soon to be broken
Only six months have passed since 2014 started and already the US automakers seem to be on track to a shameful record – exceeding the all time total recall number ...

latest automotive news
UBS reducing F1 sponsorship
Sep.1 (GMM/Inautonews.com) Major F1 sponsor UBS is scaling down its investment in the sport. The Swiss based global financial services ...
Corvette Museum to fill car-nabbing sinkhole
The National Corvette Museum’s board of directors in Kentucky voted to fill an entire hole that opened up in February ...
California lawmakers adjourn without helping Tesla
Californian lawmakers are set to postpone the idea of coming up with incentives to tempt Tesla Motors Inc. to build ...
Tesla vs. dealerships dispute heightens in Georgia
Tesla Motors Inc., which has previously fought U.S. dealers over direct sales of its electric cars, has to face a ...
Japan car sales hit lowest point since 2011
The auto sales in Japan have reached a three-year low last month, showing a decline in what the consumers are ...
Fiat-Chrysler to see New York stock market listing in October
CEO Sergio Marchionne said on Saturday that Fiat-Chrysler plans to list shares of the soon to be merged carmaker in ...
[Video] Land Rover learns survival skills from Bear Grylls
The well-known television star, British survivalist and Mount Everest conqueror Bear Grylls has became Land Rover’s new global brand ambassador. The ...
[Video] Jaguar prepares XE S reveal on September 8 with hot teaser
The British brand has prepared a teaser video that spearheads the online unveiling of the 2015 XE S. The full ...
Saab carmaker NEVS wins creditor protection
China’s National Electric Vehicle Sweden (NEVS), the owner of the Saab automaker since 2012, has won protection from creditors thanks ...
[Video] Mopar offers preview of 2015 Dodge Challenger Drag Pak Test Vehicle
During the NHRA US Nationals in Indianapolis, Chrysler’s performance division Mopar showed off with its Challenger Drag Pak Test car ...
US auto sales remain balanced as the summer ends
Compared to last year, the U.S. auto sales in August will be about the same, continuing the recovery from the ...
New Opel Corsa configurator launched
The subcompact model is utterly important to Opel’s revival strategy, being the brand’s bestseller. So, no detail has been left ...
Great Wall is building a Russian Plant
China’s largest SUV maker, Great Wall Motor Co. has announced it has started construction of a $520.7 (3.2 billion yuan) ...
Chrysler merger with Fiat is on track
Fiat said that its merger with Chrysler is on track after a tally of shareholders votes showed there are no ...
Another exec at FAW investigated by China’s watchdog
China’s anti corruption enforcers are probing another former senior executive of the FAW Group, the latest target in the series ...
[Videos] BMW releases huge gallery for the M4 Cabrio
The long-awaited M4 Cabrio is arriving quite late in the year, with the summer all but ready to make way ...
US: California ranger found asleep with beer between legs
If the California State Parks ranger escapes without losing his job and DUI charges, he’s not going to be the ...
Nissan reveals pricing details for the 2015 Rogue
The Japanese automaker has officially released pricing info for the US market of the 2015 model year Rogue, with the ...