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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
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FCA to hit the NY share listing without too much preparation
Sergio Marchionne, the busy chief executive officer of the newly merged Fiat Chrysler Automobiles, said that the company has no ...
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