Fiat Aims to Fully Staff Italian Plants by 2016
6/14/2013CEO Sergio Marchionne says Fiat SpA intends to return all its hourly employees in Italy to work within three to four years.
GM Denies It Plans to Build Cruze in Poland
6/14/2013General Motors Co. says it has made no decision about where it will produce the next-generation of the Chevrolet Cruse compact sedan currently made in South Korea.
Connected Cars to Create $53 Billion Market in 5 Years
6/14/2013Equipping cars with the ability to communicate with each other and their surroundings will create a €40 billion ($53 billion) global market by 2018, predicts the GSMA (Groupe Speciale Mobile Assn.), a global trade group for mobile communications providers.
Fiat, Chrysler Near Refinancing Deals
6/14/2013Fiat SpA is poised to sign a deal with nine banks this month to refinance €2 billion ($2.6 billion) in credit, which will help the carmaker buy the 41.5% of Chrysler Group LLC that it doesn't already own, Bloomberg News reports.
Fiat Near €2 Billion Refinancing Deal
6/14/2013Fiat SpA is poised to sign a deal with nine banks this month to refinance €2 billion in credit, which will help the carmaker buy the 41.5% of Chrysler Group LLC that it doesn't already own, Bloomberg News reports.
VIEWPOINT | HARNESSING THE POWER OF INNOVATION
6/14/2013When Cooper Standard streamlined its approach to developing next-generation products, its goal was to establish a new process that zeros in on game-changer ideas, identifies those with a solid business case and can bring them to market readiness in less than two years.
GM to Build Small Cars in Belarus
6/14/2013General Motors Co. has signed an agreement for its Opel unit to assemble the Corsa compact hatchbacks in Minsk, Belarus, from 2014 through 2017.
Former Ford Exec to Lead U.K. Auto Investment Push
6/13/2013The British government has named former Ford Motor Co. executive Joe Greenwell as CEO of a new group, the Automotive Investment Organization, which aims to attract investment to Britain's automotive supply chain.
Ex-Ford Exec Greenwell to Lead U.K. Auto Investment Push
6/13/2013The U.K. government has named former Ford Motor Co. executive Joe Greenwell as CEO of a new group, the Automotive Investment Organization (AIO), which aims to attract investment to Britain's automotive supply chain.
DOE Offers $9 Million to Fund Fuel-Cell Demo Projects
6/13/2013The U.S. Dept. of Energy is seeking to fund several projects that demonstrate fuel-cell and hydrogen fueling technologies for vehicles and backup power units.