2014年5月7日 星期三

GM hires former PR head Harris to help with recall crisisAuto News

General Motors, working to contain a crisis over the recall of 2.59 million cars with faulty ignition switches linked to at least 13 deaths, hired Steve Harris, its former public relations head, as a consultant.



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Ford to buy back $1.8 billion in stockAuto News

Ford Motor said it will repurchase $1.8 billion of its shares to reduce dilution from recent stock grants to executives and to offset shares that may be issued to holders of convertible debt.



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Tesla posts Q1 net loss of $49.8 millionAuto News

Despite record production of 7,535 Model S electric vehicles in the first quarter, Tesla Motors posted a $49.8 million net loss, or 40 cents per share.



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U-M to build 'simulated urban environment' to test connected carsAuto News

The University of Michigan's Mobility Transformation Center, along with key partners from a variety of industries, will begin construction of a $6.



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NHTSA won't urge GM drivers to park recalled carsAuto News

Federal safety regulators have refused a request from two senators to encourage owners of cars affected by General Motors' ignition switch recall to ground their cars until they can be repaired.



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Moments With Marchionne (5/7/14)

Fiat Chrysler CEO talks aluminum, minivan names and making the grade; BMW’s solar carport;...

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Gannett mulls bid for all of Cars.com, report saysAuto News

Gannett, one of the newspaper owners of Cars.com, is exploring a bid for all of the auto sales website and has discussed teaming up with private equity firms in a deal that could reach $3 billion, people familiar with the matter told Reuters.



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Nissan's next EVs: More mainstream, better batteryAuto News

Nissan wants its next-generation Leaf electric vehicle to get more mainstream styling and a new battery that more than doubles its range. And Infiniti's delayed electric car will debut with the improved battery by early 2017.



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Fiat stock tumbles as investors question Marchionne's planAuto News

Fiat-Chrysler CEO Sergio Marchionne has an ambitious five-year plan to more than double profit and increase annual deliveries 61 percent. So far, investors aren't buying it.



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Tesla should ditch carmaking business for batteries, bond manager saysAuto News

Jeffrey Gundlach has some advice for billionaire Elon Musk: Get out of the car business.



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Porsche plans sporty Cayenne coupe to rival BMW X6Auto News

Porsche is planning to expand its Cayenne lineup with a coupe-styled version of the SUV to rival the BMW X6, sources said. Design proposals for the new five-door model, scheduled for introduction in 2018, are described as being at an advanced stage.



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Tesla Q1 profits expected to drop on fewer government creditsAuto News

Tesla Motors' results were dragged down during the first quarter as government pollution credits declined and tight battery supply made it harder to outfit the carmaker's electric vehicles, analysts said Tuesday.



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2014年5月6日 星期二

Marchionne to lead Fiat Chrysler through 2018Auto News

Sergio Marchionne will remain CEO of Fiat Chrysler Automobiles through at least 2018 to oversee the rollout of the combined automaker's latest five-year business plan.



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Marchionne QandA: CEO discusses Alfa, aluminum and UAW wagesAuto News

Fiat Chrysler CEO Sergio Marchionne has faith in Alfa Romeo and doubts about aluminum-bodied pickup trucks while continuing to oppose the long-term viability of two-tier UAW wages.



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Congressional probe looks at Barra's, GM executives' links to switch, report saysAuto News

Congressional investigators are examining whether General Motors CEO Mary Barra and other senior executives were more involved than they have publicly acknowledged as the automaker considered how to deal with a deadly ignition switch issue linked to...



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Fiat Chrysler predicts average N.A. dealership will sell 798 units in 2018Auto News

Chrysler-Jeep-Dodge-Ram dealerships in North America will sell significantly more vehicles in 2018 than now, the automaker said today. Each dealership sold an average of 566 vehicles last year, the company said.



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Fiat Chrysler targets 850,000 vehicle sales in China in 2018Auto News

Fiat Chrysler Automobiles, a bit player in Asia, plans to boost local production and sales significantly in China and India through 2018. In 2018, the automaker wants to sell about 850,000 vehicles in China, versus 130,000 in 2013.



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Fiat Chrysler projects major sales growth in ChinaAuto News

Fiat Chrysler Automobiles, a bit player in Asia, plans to boost local production and sales significantly in China and India through 2018. In 2018, the automaker wants to sell about 850,000 vehicles in China, versus 130,000 in 2013.



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Merger links Lutz's VL with Virginia governor's EV ventureAuto News

VL Automotive, a sports car start-up founded by Detroit 3 veteran Bob Lutz, has merged with EV venture GreenTech Automotive to bring its Fisker Karma-based Destino car to market.



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Fiat Chrysler posts Q1 net loss, trading profit stableAuto News

Fiat Chrysler ended the first quarter with a net loss, hit by one-time charges linked to a deal to fully acquire Chrysler and by currency fluctuations.



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