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FCA wants increased auto industry consolidation

FCA wants increased auto industry consolidation

Fiat Chrysler Automobiles NV’s chief executive officer Sergio Marchionne is increasingly vocal about the need of the auto industry to further intensify its consolidation drive, with his calls largely unanswered so far. Marchionne is starting to look like the “Gandalf” of mergers, after orchestrating the unification between Italy’s Fiat SpA […]

Emerging markets remain full of woes for global carmakers

Emerging markets remain full of woes for global carmakers

General Motors recently announced it opted to close a plant it owned in Indonesia, highlighting the fact that global automakers need to reshape the timing and scope of investments in emerging markets. Once seen as the new growth threshold after the traditional regions – America, Europe and China – would […]

Europe: vehicle output on the rise for five straight months

Europe: vehicle output on the rise for five straight months

According to figures coming from PwC Autofacts, European light vehicle production could climb 1 percent to 1.36 million vehicles in January, the fifth month that sees rising output on the continent. Thanks to the region’s slow but steady auto market recovery and the continued positive prospects of North American and […]

US: GM CEO forecasts 2015 sales slowing down

US: GM CEO forecasts 2015 sales slowing down

According to Mary Barra, the first female chief executive officer of the largest US automaker, General Motors, the country’s deliveries in 2015 are expected to flatten out, though a rising economy and continued low gasoline prices could support growth. The GM CEO comes after a very turbulent first year at […]

Report – Obama to visit Ford factory in Wayne

Report – Obama to visit Ford factory in Wayne

According to people with direct knowledge of the president’s trip, Barack Obama is going to visit a Ford Motor plant in Wayne this week, on Wednesday, as he signals the auto industry’s comeback from the dark days of 2008-2009. The auto industry’s turnaround has been one of the brightest spots […]

The auto industry in 2015, five key questions

The auto industry in 2015, five key questions

We have just passed the threshold into a new year and the gears of the relentless automotive industry are already spinning around – but we’re still at the point of asking questions. The glitz and glamor of the North American International Auto Show in Detroit is a great way of […]

Europe: auto industry set for increased turmoil in 2015

Europe: auto industry set for increased turmoil in 2015

The year that is just about to end has been deceiving for most automakers operating in Europe – with sales increase inconsistencies, weaker than expected economical recovery and mounting political tensions. The stage is set for another hard year: the revolution brought by electric cars is nowhere in sight yet. […]