GM Asia-Pacific head Stefan Jacoby was in Australia to review Holden’s model lineup, but did not accept invitations to meet with government officials, a slight Industry Minister Ian Macfarlane says shows a “lack of sensitivity.”...More
Chrysler spent $1.1 billion on the van plant, which will employ 1,100 workers by December. Another $164 million is being invested at the Saltillo North engine plant for production of 2.0L and 2.4L Tigershark 4-cyl. engines....More
President and CEO Aminar Rashid Salleh is quoted as saying the transition to aluminum not only will improve fuel economy but also help the Malaysian automaker reach its goal of reducing costs 20%-30% by 2015....More
Aiming for a 4% market share in three years from the less than 1% now held by Fiat, the alliance will launch nine new and refreshed models, four each from the Fiat and Chrysler-Jeep family and an Abarth-brand small sports car....More
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