More in Restructuring

  • Newswire

    Opel to Offer Low-End Cars in Post-Chevy Europe, Source Says  

    General Motors' European arm hopes to recapture Chevrolet buyers since that brand's exit from the region and gain ground lost to entry-level brands such as Dacia and Skoda, a source says....More
  • Newswire

    Unaware of VW-FCA Merger Talk, Porsche Holding Company Chair Says  

    Wolfgang Porsche, supervisory board chairman of Volkswagen majority owner Porsche Automobil Holding, says he doesn't "know anything about talks with Fiat" after a German magazine reported VW was interested in buying all or part of Fiat Chrysler Group....More
  • Jul 10, 2014
    blog

    Barra Driving Change at GM

    Under CEO Mary Barra, GM is the only one stepping up to change the conversation and fix the long-broken mechanisms for protecting consumers from potentially dangerous vehicle defects and compensating victims....More
  • Newswire

    Fiat Sets Aug. 1 Shareholder Vote on Chrysler Merger  

    Approval of the merger with Chrysler will allow Fiat CEO Sergio Marchionne to list the merged Fiat Chrysler Automobiles in New York by year's end....More
  • Newswire

    Renault-Nissan Taking Control of Russia's AvtoVAZ  

    The alliance between the French and Japanese automakers now holds a 67.1% stake in the holding company that controls Russia's largest automaker....More
  • Jun 13, 2014
    video
    WardsAuto

    Chevy Camaro Z/28 Takes Nurburgring

    GM's top executives lifted traditional vehicle requirements for Chevy Camaro Z/28 to take on world's most popular track-oriented sports cars, and it delivered last year with a 7:37.40 lap of the Nurburgring to eclipse published times of the Porsche 911 Carrera S and the Lamborghini Murcielago LP640....More
  • Newswire

    Opel Sees Parent GM as Key to Return to Profitability  

    Chief Executive Karl-Thomas Neumann says Opel and sister brand Vauxhall will focus on smaller cars sharing more components with other GM products in their drive to become Europe's No.2 passenger-car maker by 2022....More
  • Newswire

    Daimler Abandoning Car-Sharing Venture in U.K.  

    The German automaker says car2go failed to attract 10,000 U.K. customers since its December 2012 launch in London and was not sustainable....More
  • Newswire

    Saab's Chinese Owner Halts EV Production  

    National Electric Vehicle Sweden, the Chinese company developing an electric version of the Saab after buying the bankrupt Swedish automaker, blames the shutdown on a lack of cash to pay outstanding debt....More
  • Newswire

    Chrysler Reports Q1 Loss on Fiat Merger Costs  

    The Auburn Hills, Mi-based automaker, a unit of Fiat Chrysler Automobiles, reports a $504 million non-cash charge mainly accounted for its first-quarter loss of $690 million, but expects net 2014 revenues of $80 billion....More
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