Fiat Chrysler Automobiles merger exposes financial and operational hurdles
Fiat Chrysler Automobiles begins life as a merged entity with a new structure, shifting its primary listing to New York and facing profitability pressures in key markets.
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Fiat Chrysler Automobiles begins life as a merged entity with a new structure, shifting its primary listing to New York and facing profitability pressures in key markets.
Italian design house Bertone has furloughed most staff and is seeking a buyer, with a Turkish firm reportedly offering $2.7 million for the struggling coachbuilder.
BMW will add 1,000 permanent positions at its four UK manufacturing sites, with the majority of new roles based at the Mini plant in Oxford.
BMW has named J. Chris Koenders and Petter Witt to senior positions in its US operations, as the company seeks to strengthen its position in the American luxury market.
Volkswagen is under pressure from IG Metall to establish a works council at its Chattanooga plant, but faces legal and political obstacles to union representation in the US.
BMW commits £750 million to UK MINI production, increasing local supplier content and introducing new engines at Oxford, Swindon and Hams Hall sites.
The Center for Automotive Research in Ann Arbor has secured $1.5 million in federal funding to advance the use of agricultural materials in automotive manufacturing, with benefits expected across 22 Michigan counties.
Volkswagen’s global works council chairman Bernd Osterloh has publicly supported the UAW’s efforts to represent workers at the company’s Chattanooga, Tennessee factory, intensifying debate over unionisation at foreign-owned US plants.
A century after Ford’s Highland Park plant revolutionised car manufacturing, the moving assembly line remains the backbone of global automotive production.
Renault's Oran facility will assemble the Symbol saloon from late 2014, marking the company's first manufacturing venture in Algeria and creating hundreds of jobs.
Ford COO Mark Fields has reiterated that CEO Alan Mulally remains committed to the automaker, rejecting speculation linking Mulally to the soon-to-be-vacant Microsoft leadership role.
German supercar firm Gumpert has officially closed after a failed investment left the company unable to recover from insolvency, ending nearly a decade of Apollo production.
More than 2,150 workers walked out at BMW’s Rosslyn plant near Pretoria, stopping 3 Series output and disrupting export schedules to key global markets.
Infiniti has named Vincent Gillet as its new Vice President of Marketing, with the experienced brand executive set to take up the Hong Kong-based role in September 2013.
France’s finance ministry is seeking external financial advice as PSA Peugeot Citroën explores potential alliances and faces ongoing financial pressure in 2013.
US-based Miles Electric Vehicles, known for its low-speed electric fleet vehicles, filed for Chapter 11 bankruptcy protection on 11 June 2013 after struggling with liabilities far exceeding its assets.
Opel is weighing a move to assemble the Mokka subcompact SUV at its Figueruelas plant in Zaragoza, Spain, as European demand outpaces expectations.
A123 Systems has secured final court approval for its bankruptcy reorganisation, clearing the way for Wanxiang’s acquisition and creditor repayments after months of uncertainty.
Fisker Automotive told US lawmakers it may seek bankruptcy protection after failing to secure new investment, halting production and cutting most of its workforce.
Ongoing industrial action at Hyundai’s South Korean plants has led to a production shortfall of 41,000 vehicles and losses exceeding $730 million.
After weeks of industrial action and threatened production moves, Dacia and its Mioveni plant workforce have agreed a pay deal including a 6% salary increase and a higher bonus.
Reid Bigland takes over leadership of the Ram truck brand following Fred Diaz’s exit to Nissan, while retaining his US sales and Chrysler Canada roles.
General Motors and Opel leaders will meet Chancellor Angela Merkel in Berlin on 11 April, as the future of the Bochum plant and jobs at the German subsidiary remain in question.
Chip Perry, the founding CEO of AutoTrader.com, will leave the company on 1 May 2013, with Sandy Schwartz set to take over as president of AutoTrader Group.