Monday, November 9, 2009

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BREAKING NEWS
FUTURE PRODUCT -- CHRYSLER
Chrysler's Fiat-influenced product plan
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By 2014, 12 nameplates from Chrysler, Dodge, Jeep or Ram will have heavy Fiat influence. They will either be developed on Fiat Group platforms or rebadged and imported from the Fiat Group. For example, a fwd Lancia will be badged as a Chrysler. 10:10 am U.S. ET | Nov. 9


MARKETER OF THE YEAR
How Hyundai found gold in U.S. recession
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Escapism had been the order of the day for most advertisers in a year riddled with surging unemployment. Then an automaker not known for fearless marketing -- Hyundai -- began a frontal assault on a U.S. recession that was not just dampening consumer enthusiasm but drowning it. 2:32 pm U.S. ET | Nov. 9   


Advance work helped Lear exit bankruptcy quickly

Lear Corp. emerged from Chapter 11 bankruptcy today under the ownership of its secured lenders and bondholders after four months under court protection. ...


Russia car sales stabilize despite 52% Oct. drop

New car sales in Russia fell 52 percent in October year-on-year, the same level of decline reported for September, data from the Association of European Businesses showed ...


Audi raises 2009 sales target due to China surge

Audi has raised its 2009 sales target by 5,000 units to 925,000 vehicles, the carmaker said on Monday after revealing that volumes increased by 0.4 percent in October. Au ...


GM's Forster headed for JLR, reports say

Tata Motors wants Carl-Peter Forster, who quit as head of General Motors Europe, to take over a senior position at the Indian carmaker's Jaguar Land Rover division, the < ...


GM CEO starts Opel charm tour in Germany

GM CEO Fritz Henderson started talks in Germany on Monday aimed at soothing workers' anger over the carmaker's plan to reorganize Opel on its own. GM plunged Opel into tu ...


Chrysler breaks silence, spends to rebuild brands

After five months of near silence on the marketing front, Chrysler Group is roaring back with a new attitude. The automaker is ratcheting up advertising this quarter and ...


BorgWarner forecast weathers global storm

BorgWarner Inc. forecasts about $1.8 billion in net new powertrain business in the next three years, surprising analysts who expected the supplier's plan to take a sharpe ...


GM restarts production of Hummer H3 SUV, pickup

General Motors Co. today started production of the 2010 Hummer H3 SUV and H3T pickup for the United States at Shreveport, La. Production comes as some dealerships are out ...


U.S. aiding recovery of global market, Ghosn says

The global car market has bottomed and is on track for 60 million units sales next year, aided by the United States, Carlos Ghosn, who heads Japan's Nissan Motor Co. and ...


Tiwi tracks travels of trucks (and teens)

Concerned parents can rest easier. So can commercial-fleet operators. A new tracking system called Tiwi can monitor a vehicle's speed, throttle position, G-forces, fuel c ...


BBDO signals end to Chrysler relationship

In a sign that the end of Chrysler's relationship with BBDO is near, executives familiar with the situation said BBDO's Detroit office will close its doors in January, le ...


GM to move ahead with Cadillac Converj plug-in, report says

General Motors Co. will produce the Cadillac Converj plug-in concept car it introduced earlier this year at the Detroit auto show, The Detroit News reported today. ...


GM to invest $85 million to expand Canada plant

General Motors Co. said today it would invest C$90 million ($85.1 million) to expand a joint venture plant in Canada where it builds the Chevrolet Equinox and GMC Terrain ...


GREEN CARS
Renault to build electric cars in France and Spain

Renault will build three of its new range of electric cars in France and Spain. The company will produce its core-range electric model, a minicar, at Flins, near Paris. A ...


BMW sees growth ahead as Oct sales edge up 2%

BMW forecast global sales would keep rising, allowing it defend its role as the world's top premium carmaker, after its automobile division's sales volume edged up 2 perc ...


ANALYSIS
U.S. government switches role to shareholder

Automakers can expect the U.S. government to be attentive to its multibillion-dollar stake in their businesses next year and selective in its efforts to reshape the indus ...