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Fiat Chrysler five-year business plan endangered by possible merger delay


The plans to make the seventh largest automaker in the world a true global player could be endangered if the long-awaited merger gets somehow delayed. Sergio Marchionne, chief executive of both Fiat SpA and its US subsidiary Chrysler Group LLC wants to become as fast as possible the CEO of Fiat Chrysler Automobiles NV, a Dutch incorporated company with headquarters in ...
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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 ...
Bentley tones down sales increases for the year
After aggressively forecasting record sales for 2014, now Bentley’s CEO Wolfgang Duerheimer said the company expects the sales rise would be more relaxed than earlier thought. The chief executive of the ...
China: Mercedes pushes sales through dealer network expansion
The Asian country, the biggest auto market in the world, has seen an unprecedented rise in premium sales, with Mercedes-Benz now expecting to further outpace the segment’s overall growth. The third ...
Porsche aims to further increase its workforce by a quarter
The German automaker, best known for its iconic 911 model, is amid its biggest growth push in history, and to support its strategy is now panning to add another 24% ...
US auto sales in June beat all expectations
While some predicted a slight rise in last month’s sales, many more analysts saw a decline after the almost incredible performance the industry had in May. Well, it certainly looks like ...
Japan: auto sales recover after tax hike
New car sales in Japan posted their first monthly gains after in April the government increased a due for the first time since 1997. The car sales grew positively for the ...
Maserati seeks to double its dealers network
The Italian luxury automaker is a key part of Fiat Chrysler Automobiles return from the shadows of debt for his ailing European operations, with the Maserati brand expected to increase ...
Infiniti resumes work on China plant
After the mounting Sino-Japanese tensions from 2012 made Nissan’s premium brand Infiniti stop the building of its new northeastern China manufacturing facility, the Japanese brand announced it moved to restart ...
Mercedes-Benz sees May sales still rising
The third largest premium automaker in the world has recorded another strong sales month in May, with double-digit gains, although the increases still seem insufficient to pass second placed Audi. The ...

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 ...