Headlines for Thursday, January 17, 2013
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Aston Martin seeks engine partner
Aston Martin is in talks with potential partners to jointly develop high-end engines and electronic parts to strengthen its sports-car lineup. Read More »
Spanish bank nears deal to be Chrysler's financing arm, report says
Chrysler close to a deal that would make Spain's Banco Santander its in-house financing arm, replacing U.S.-based lender Ally Financial. Read More »
Record exports lift UK car production in 2012
Record exports last year lifted British car production to its highest level since 2007. Britain produced a total of 1.46 million vehicles in 2012, up 9 percent on 2011, with 1.21 million of those sold abroad. Read More »
Renault's French job-cutting plan gets better reception than PSA's
Renault's plan to cut 7,500 jobs in France to boost the competitiveness of its plants has had a better reception from the government than a similar move by rival PSA. Read More »
Marchionne predicts fast rise for Jeep production in China
Fiat and U.S. unit Chrysler expect to make at least 100,000 Jeeps in China soon after production starts in 2014 as they seek to catch up with rivals in the world's biggest car market. Output could quickly double, Fiat-Chrysler CEO Sergio Marchionne said. Read More »
BMW chairman to stay on board until 2016, source says
BMW Chairman Joachim Milberg will remain in his post until 2016, a source said, so he can be succeeded by current BMW CEO Norbert Reithofer during that year. Read More »
Better Place CEO leaves in electric car firm's latest shake-up
The new CEO of electric car venture Better Place has stepped down just four months after a company shake-up put him in charge, officials said. Read More »
Daimler to sell Smarts via Twitter-like service in China
Daimler will sell a limited edition of its Smart ForTwo using a Twitter-like service in China as it tries to tap the country's 564 million Internet users. Read More »
