Headlines for Monday, February 4, 2013
Use the form on the right to select a specific day >>
Fiat mulls low-cost brand, Marchionne says
Fiat is considering launching a low-cost sub-brand to rival Dacia, CEO Sergio Marchionne said. If approved, cars for the brand would be built outside of Europe to reduce manufacturing costs. Read More »
Nissan will build VW Golf rival in Spain
Nissan will build a compact car to rival the VW Golf at its plant in Spain, dashing hopes that the model would be made in one of alliance partner Renault's factories in France. Read More »
German new-car sales down 8.6% in January
New-car registrations in Germany dropped 8.6 percent to 192,090 in January, the KBA federal transport agency said, continuing the sales slide in major European markets Read More »
Big, boring but profitable
They are big and boring-looking, but light commercial vehicles are crucial to the financial health of many European volume brands. LCVs provide hefty profits -- as high as 9 percent -- and that cash has been invaluable to Renault, Fiat, Peugeot and Opel. Read More »
Fiat set to build Maserati, Alfa Romeo SUVs in Turin
Fiat will build Maserati's new Levante SUV at its flagship Mirafiori plant in Turin, union sources said. The automaker may also build an SUV for Alfa Romeo in the same factory, the sources said. Read More »
