Post Tagged with: "Industry"

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Is Qoros doomed to fail?

Is Qoros doomed to fail?

While having produced the first supercar to come out of China, Qoros still has to prove it is not another startup set to fail. The Sino-Israeli automaker launched its first car in 2013 hoping to become successful in China, which is the world’s biggest auto market, but also on the […]

US: auto sector now has a whistle blower law

US: auto sector now has a whistle blower law

The US Senate has recently passed an important bit of the new auto legislation legislation, with a bill that allows incentives for industry sources, which would be rewarded if they come forth with important safety information. The whistle blower bill comes in the wake of last year’s record recall tally, […]

Fiat Chrysler still mulling industry consolidation

Fiat Chrysler still mulling industry consolidation

During the recent conference call on first quarter earnings, the Fiat Chrysler officials reiterated their pledge for deeper cooperation among the major players in the auto industry, in a bid to bring more industry consolidation. Fiat Chrysler Automobiles chief executive officer Sergio Marchionne has reiterated its long-running idea that the […]

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 […]