Chrysler's Denial Stage, Powered by BBDO
4 May 2009, 09:55 UTC · By: Daniel Patrascu / Who says that when under bankruptcy, you should not advertise your business? So what if it failed miserably and it required a foreign hand to step in and pull it from the abyss (apart from the billi...
GM's Four Core Brands See Sales Increase in April
4 May 2009, 09:41 UTC · By: Bogdan Popa / Although the company recorded a 34 percent over the same period last year, General Motors today praised the April 2009 sales, emphasizing that each of its four core brands - Chevrolet, Cadillac, GMC...
Ford: Chrysler's Bankruptcy Does Not Affect Us
4 May 2009, 08:45 UTC · By: Bogdan Popa / Following the official announcement that Chrysler is filing for bankruptcy in the United States, Ford quickly came out to calm down its employees and clearly state that such an important move does n...
Derek Jenkins, the New Mazda US Design Chief
4 May 2009, 08:51 UTC · By: Daniel Patrascu / Japanese manufacturer Mazda is continuing its reorganisation, as part of a broader plan to tackle the economic crisis. Following the personnel changes announced in the beginning of April, Mazda anno...
BMW Group US Sales Went Down 38.4% in April
4 May 2009, 08:44 UTC · By: Tudor Raiciu / Decline is the word of the day for BMW Group's US division, as the company has posted the financial results for April 2009. Both BMW and MINI brands have recorded quite disappointing figures th...
Audi Predicts Strong Growth for US Imported Luxury Market
4 May 2009, 07:48 UTC · By: Bogdan Popa / Even if the United States is currently living within one of the most difficult financial period in its history - we're particularly talking about the auto sector -, the "brand with the fou...
UK Power-Grid: Bring on the Hybrids and EVs
4 May 2009, 08:46 UTC · By: Daniel Patrascu / Following the announcement of the ingenious scrappage incentive of the UK government, which stated that a 5,000 pounds bonus will be given to those who purchase a hybrid or EV vehicle, question aros...
The New Fiat: Sky Is No Limit
4 May 2009, 07:18 UTC · By: Daniel Patrascu / Italian manufacturer Fiat is now living in what may be very well considered its best years. The company is engaged in an all out offensive of purchase, alliances and reorganizing, processes which wi...
After Nardelli, LaSorda Leaves Chrysler Too
3 May 2009, 16:03 UTC · By: Bogdan Popa / Chrysler is surely experiencing the largest restructuring plan it could get and, after the company’s CEO Robert Nardelli announced he will leave the company, another key official confirms his ...
Michigan Dealer Confirms Offer for Pontiac, GM Promptly Says No
3 May 2009, 14:41 UTC · By: Bogdan Popa / Here you have it: an interested Pontiac dealer, namely Waldron Pontiac, is making an offer for GM’s brand – which is actually going to be phased out by the end of 2010 – but the Am...
Chrysler to Sell Assets to Fiat, Close Plants
3 May 2009, 16:42 UTC · By: Daniel Patrascu / As a result of Thursday’s bankruptcy filling, the American manufacturer is said to plan the sale of most of its assets to their new partner, Fiat. In addition, the Michigan-based company unvei...
Fiat: We Want Opel
3 May 2009, 16:35 UTC · By: Daniel Patrascu / As you already know by now, the Italian manufacturer has already signed for the takeover of a 20 percent stake in bankrupt American manufacturer Chrysler, and even is supposed to take over the compa...
Confirmed: Chrysler Files for Bankruptcy, Nardelli Will Leave
30 Apr 2009, 18:34 UTC · By: Daniel Patrascu / This news no longer comes as a surprise, as reports claiming that the US manufacturer will enter Chapter 11 have been with us throughout the day. Finally, they have been concluded with the confirmat...
Opinions: Chrysler Bankruptcy
30 Apr 2009, 15:21 UTC · By: Daniel Patrascu / The approaching announcement of the first Detroit Three giant to file for bankruptcy has already placed additional pressure on the international markets. Whereas the effects will be more visible tom...
Magna Says It Has Enough Money to Buy Opel, Fires 725 Workers in Canada
30 Apr 2009, 14:52 UTC · By: Bogdan Popa / The long stopry short: Magna International has recently been linked with an Opel acquisition, with the officials of the company hinting that it has enough money to purchase the German unit. Meanwhil...
Update: Chrysler to Go Into Bankruptcy
30 Apr 2009, 14:45 UTC · By: Daniel Patrascu / Contradictory news about the future of Chrysler have surfaced throughout the day, yet, as we reported one hour ago, one thing seems to be certain. Chrysler will seek Chapter 11 protection, after fai...
Hyundai's UK Enquiries Up 400 Percent
30 Apr 2009, 14:40 UTC · By: Bogdan Popa / The British side of South Korean automaker Hyundai is recording an up to 400 percent boost in enquiries at dealerships across the country, representatives of the company said, citing the government&...
Volkswagen Post Declining Q1 Results, but Does Not Panic
30 Apr 2009, 14:25 UTC · By: Tudor Raiciu / Unlike Daimler, Volkswagen seems to be quite relaxed with its financial results, perhaps too relaxed. The company announced that in the first three months of the year it delivered 1.40 million vehic...
Zaragoza Rolls Out Ten Millionth Opel
30 Apr 2009, 13:59 UTC · By: Bogdan Popa / Although things within the company are far from going well, with Opel fighting for survival ever since January 2009, the company finds its very unique occasions to open a new bottle of champagne and...
Fiat-Chrysler Are One, Chapter 11 Will Follow
30 Apr 2009, 13:10 UTC · By: Daniel Patrascu / The struggle of American manufacturer Chrysler seems to be over, as Corriere della Sera announced it has reached an agreement with Fiat regarding their future together. Although yet unconfirmed, the...