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Main > Car Makers News > Fiat > Fiat's Marchionne driven to succeed | detnews.com | The Detroit News With his slightly rumpled appearance and casual manner, Sergio Marchionne seems more like a jovial professor than a hard-driving businessman. But the chief executive of Fiat SpA is in fact an inexhaustible, demanding and effective corporate boss with a string of turnarounds to his credit. Now, as Fiat prepares to take a stake in Chrysler LLC and seeks to acquire General Motors Corp.'s European and Latin American operations, Marchionne, 56, is embarking on the biggest challenge of his career. While some... Full article... Article added: 2009-05-25 05:23:15 Article Views Rating: 130 Main > Car Makers News > Lincoln > Lincoln Concept Vehicle Forget the Continentals of your past, or the big, long rear-drive concepts of the early '00s. While BMW has proven that rear-wheel-drive c-segment size luxury works, with its 1 Series, Lincoln is turning next to the 2011 Ford Focus' platform for post-global warming luxury. To prepare us for a CAFE-friendly world, Lincoln rolled out the C concept for c-segment, and so far, without an "MK" prefix at Detroit.Looking much like a Renault with Lincoln's "flying wing" '41 Continental retro... Full article... Article added: 2009-04-07 05:27:32 Article Views Rating: 437 Main > Car Parts > Other > A Free Electric Car:Imagine Paying Only for Miles You Drive Silicon Valley-based Better Place has an innovative business model for electric vehicles. Founded in 2007 by Shai Agassi, Better Place wants to make electric vehicles EVs as affordable as comparable internal combustion cars and overcome their limited range. A primary goal is to build enough charging stations so batteries can be kept charged with 100 miles of driving capacity. These chargers would be located where people work, live, shop, and dine, usually in parking lots. For longer distances... Full article... Article added: 2009-03-17 08:02:11 Article Views Rating: 408 Main > Car Makers News > Alfa Romeo > Alfa Romeo MiTo Review and Prices Consumer Guide’s Impressions of the 2011 Alfa Romeo MiToIf all goes well, the headline-grabbing Fiat-Chrysler alliance will deliver a stylish premium small car to lead the U.S. return of a storied Italian brand. MiTo is Alfa Romeo’s answer to the BMW Mini Cooper--and will need to be as popular to give the new partnership a chance.What We Know About the 2011 Alfa Romeo MiToAlfa Romeo is known for sports cars like Dustin Hoffman’s iconic ride in “The Graduate,” but it... Full article... Article added: 2009-03-05 06:45:25 Article Views Rating: 366 Main > Car Makers News > Other > Survival of the fittest trumps everything at Geneva this year | detnews.com | The Detroit News GENEVA, Switzerland - You can forget the environment, electric cars, fuel cells, hybrids which plug in and those that don't; the theme at the annual Geneva Car Show this year will be survival of the fittest. The European industry faces the worst downturn in living memory, as consumers put off buying cars, worried sick about job security. As they prune their budgets and brace for stormy economic weather, the last thing people are about to do is buy a new car. The current wheels will surely last another... Full article... Article added: 2009-02-27 15:55:38 Article Views Rating: 196 Main > Car Makers News > Other > French Government Helps Automakers Automakers of the whole world go through hard times and the only way of salvation is government help. While American Big Three asks for more and more from Washington DC, Swedish government has already agreed to help Volvo and Saab with their development. A few days ago French politicians approved their bailout program too. As soon as French automakers Renault and PSA Peugeot Citroën agreed to keep the factories in the country and provide jobs for French citizens, the government granted a $11.8 billion... Full article... Article added: 2009-02-12 06:29:16 Article Views Rating: 165 Main > Car Makers News > Other > Auto briefs | detnews.com | The Detroit News North Dakota's House has defeated a proposed 5 percent state tax exemption for new Ford Motor Co. , Chrysler LLC and General Motors Corp. cars and trucks. The measure got its first legislative hearing last week. It was put on the fast track for a vote because car dealers said it was delaying some customers' buying decisions. Representatives voted 64-29 on Monday to defeat the measure. It offered the 5 percent tax break for new vehicle sales and leases until June 30, 2010. Some lawmakers doubted whether... Full article... Article added: 2009-02-03 07:09:24 Article Views Rating: 190 Main > Car Makers News > Other > Lear acts to offset losses | detnews.com | The Detroit News Lear Corp. reported a fourth quarter net loss of $688.2 million or $8.91 a share on net sales of $2.6 billion. That compares with a net profit of $27 million or 34 cents per share in 2007. The pre-tax loss was $692.1 million, a ballooning loss from last year's net income of $45.1 million for the supplier of seating, electrical and electronic products for the auto industry. The loss includes a non-cash goodwill impairment charge of $530 million and restructuring costs of $66.2 million. Sales for the... Full article... Article added: 2009-01-30 07:07:52 Article Views Rating: 122 Main > Car Makers News > Nissan > Nissan chief Ghosn: Auto makers in defensive mode | detnews.com | The Detroit News RIYADH, Saudi Arabia -- The head of one of the world's largest car companies said Sunday that auto manufacturers are going to be in defensive mode for the next couple of years as they cope with the economic meltdown. Nissan Motor Co. Chief Executive Carlos Ghosn also said he expects manufacturers to reduce their investments and inventory as car sales continue to fall. Ghosn said that in 2007, global auto sales were 69 million cars, while last year it was 63 million. But the trend in the past two to... Full article... Article added: 2009-01-26 06:38:15 Article Views Rating: 205 Main > Car Makers News > Chrysler > Fiat in talks to buy big stake in Chrysler | detnews.com | The Detroit News After several attempts, Chrysler LLC may have found a partner. Italy's Fiat SpA could take a big stake in the Auburn Hills automaker in exchange for providing small-car platforms and engines under discussions taking place. Such a deal would allow cash-strapped Chrysler to quickly add small vehicles to its lineup and at little cost, while providing Fiat with an inexpensive ticket back into the U.S. auto market, people familiar with the situation said. They said the talks are at an advanced stage, with... Full article... Article added: 2009-01-20 11:04:50 Article Views Rating: 199 |
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