Fiat Eyes Possible Opel Deal
Can Fiat CEO Sergio Marchionne add two ailing carmakers—Chrysler and Opel—and come up with one automotive success story? Maybe… By Carol Matlack Is Fiat Chief Executive Sergio Marchionne overreaching?
Archive for the 'Auto / Cars' Category
Fiat says still in talks on Chrysler, posts loss
MILAN (Reuters) – Italian industrial group Fiat SpA (FIA.MI) said on Thursday it was still in talks to form a partnership with ailing US carmaker Chrysler CBS.
Fiat Weighs Buying GM’s Opel Unit, Officials Say
By NELSON D. SCHWARTZ TURIN, Italy – Fiat, the Italian automaker, is considering an acquisition of General Motors’ Opel division in Europe, and has discussed a potential deal with government negotiators in Washington, executives at GM and …
US to give GM $5B, Chrysler $500M in new aid
The best of today’s automotive news, reviews and commentary — as well as the cool and weird — from Freep.com and other Web sites.
Auto shares climb in Asia but analysts offer cautious outlook
“There was a marked difference in March auto sales growth in different countries, related to whether or not government support is in place,” analysts at …
Study Says Small-Car Buyers Sacrifice Safety for Economy
From left, the Smart Fortwo, the Toyota Yaris and the Honda Fit after a head-on collision with a midsize sedan in which both vehicles were traveling at 40 mph The tests were conducted by the Insurance Institute for Highway Safety.
GM’s new CEO needs to be ruthless
NEW YORK – Fritz Henderson, General Motors’ new acting CEO, is far better suited to making hard and fast decisions than ousted CEO Rick Wagoner, …