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Fiat Says U.K. Tax Base Will Lure U.S. Investors
1/30/2014Fiat SpA Chairman John Elkann says the company, now renamed Fiat Chrysler Automobiles, is shifting its tax domicile from Italy to the U.K. in hopes of attracting more American investors.
PSA Drops a Shift at Poissy Factory
1/30/2014PSA Peugeot Citroen says it will eliminate one of two production shifts at its assembly plant in Poissy, France, to better match capacity with sales demand.
Gentex Profits Surge 76%
1/30/2014Net income in the fourth quarter of 2013 jumped to $70 million from $40 million a year earlier for Gentex Corp.
Volkswagen Rehires Exec to Head U.S. Sales
1/30/2014Volkswagen of America has lured back Mark Barnes, who left the company in May 2012 to take a job as vice president of sales, marketing and aftersales for General Motors Co.'s international unit.
JCI Partners with Lawrence Tech on Battery Research
1/29/2014Johnson Controls Inc. says its new partnership with Southfield, Mich.-based Lawrence Technological University will find and validate new vehicle battery systems.
Fed Reserve to Trim Bond Purchases Again
1/29/2014The U.S. Federal Reserve says it will continue to reduce its huge economic stimulus program in February because it detects continuing though uneven improvement in the country's economic and labor market conditions.
Renschler to Run Volkswagen’s Truck Operations?
1/29/2014Andreas Renschler, who suddenly quit as head of production for Daimler AG's Mercedes-Benz unit on Monday, may be headed for Volkswagen AG, according to the Stuttgarter Zeitung.
Fiat's 4Q Profit Grew 5%
1/29/2014Fiat SpA posted a consolidated trading profit, which includes its Chrysler Group affiliate, of €931 million for the final quarter of 2013, up 5% from the same period a year earlier.
Chrysler-Fiat Picks a New Name
1/29/2014Now that Fiat SpA has completed its acquisition of Chrysler Group LLC, the Italian carmaker says the new name for the merged companies will be Fiat Chrysler Automobiles NV.
Fiat’s New Name: Fiat Chrysler Automobiles
1/29/2014Fiat SpA, with its acquisition of Chrysler Group LLC now complete, says it plans to reorganize as Fiat Chrysler Automobiles NV.