NEWS

Toyota Vice Chair May Become Next Chairman

1/21/2013

Toyota Motor Corp. is likely to appoint Vice Chairman Takeshi Uchiyamada to become its chairman in June, The Nikkei reports.

China’s GDP Growth Picks Up

1/21/2013

Chinese gross domestic product, which grew 7.4% in July-September 2012, expanded 7.9% in the final three months of the year, according to the National Bureau of Statistics.

Chrysler Close to Deal with Spanish Auto Lender

1/21/2013

Chrysler Group LLC is nearing an agreement with Spain's Banco Santander SA to create a captive finance joint venture to be called Chrysler Capital, The Wall Street Journal reports.

Jeep Could Build 100,000 Units in China

1/21/2013

Chrysler Group LLC aims for initial production of about 100,000 Jeep SUVs per year in China, says Chrysler-Fiat Chairman Sergio Marchionne.

Fiat Turns to Premium Brands to Boost Results

1/20/2013

Fiat SpA is relying heavily on its Alfa Romeo, Jeep and Maserati marques to rescue the company's ailing European operations, the Financial Times reports.

JCI Quarterly Profit Drops 17%

1/20/2013

Johnson Controls Inc. netted $354 million in the fiscal first quarter ended Dec. 31 compared with $424 million in the same period of 2011.

Renault Expects to Hike Its European Sales in 2013

1/20/2013

Renault SA, whose global sales fell 6% to 2.55 million passenger and commercial vehicles in 2012, predicts it will increase its volume in all markets this year, including Europe.

Alfa Romeo’s U.S. Debut Is Back On

1/20/2013

Fiat SpA will reintroduce its Alfa Romeo brand in the U.S. this year after all, according to CEO Sergio Marchionne.

Ford Belgium Factory Remains Idled by Labor Strife

1/20/2013

Ford Motor Co. reached an agreement earlier this month with the unions at its assembly plant in Genk, Belgium.

Ford Belgium Factory Idled by Supplier Strike

1/20/2013

Ford Motor Co. reached an agreement earlier this month with the unions at its assembly plant in Genk, Belgium.