Headlines for Saturday, December 22, 2012

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Free trade pacts prompt Koreans to eye imports over Hyundai, Kia

12:01 am U.S. ET | Dec. 22, 2012
Two trade deals and a shift in Korean consumer sentiment have cut domestic sales of Hyundai, Kia and the country's three other automakers by 5.2 percent this year, according to the Korea Automobile Manufacturers Association.

Fiat made-in-Italy Jeeps still leave two plants too many

Dec. 22, 2012 06:01 CET
Fiat CEO Sergio Marchionne won support from Italian Prime Minister Mario Monti yesterday for the carmaker's latest effort to shore up domestic operations. The political cameo in southern Italy will do little to overcome the plan's challenges.

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