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GREEN CARS
Chrysler dismantles electric car plans under Fiat
Chrysler Group has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid. 12:01 am U.S. ET | Nov. 7
Magna International Inc., thwarted this week in its bid to take over General Motors Co.’s Opel unit, won’t seek to buy another car company, co-CEO Don Walker says. 9:52 am U.S. ET | Nov. 6
General Motors Co. said it is readying a plan to restructure Opel and could pay off debt due this month. German Chancellor Angela Merkel raised concern over GM's decision to keep Opel with U.S. President Barack Obama. 12:01 am U.S. ET | Nov. 6
REUTERS AUTOS SUMMIT
The head of the American unit of German autos parts supplier Robert Bosch GmbH said he expects U.S. light vehicle sales to improve to 11 million units in 2010, indicative of a steady but slow recovery from a bottom reached earlier this year. 12:01 am U.S. ET | Nov. 6
General Motors Co. is outperforming the targets set in its earnings viability plan outlined in April, CEO Fritz Henderson said today. 12:17 pm U.S. ET | Nov. 5 | UPDATED: 11/5/09 3:04 p.m. ET
REUTERS AUTOS SUMMIT
The General Motors board has approved plans to boost ad spending on vehicles from its flagship Chevrolet brand that saw their recent launches overshadowed by the automaker's bankruptcy, Chevrolet's top executive said today. 3:00 pm U.S. ET | Nov. 5
In the wake of General Motors Co.’s decision not to sell Opel/Vauxhall, GM CEO Fritz Henderson said today GM will need to repair relations with the German trade unions. 2:40 pm U.S. ET | Nov. 5
General Motors veteran Betsy Lazar is Kellogg's new vice president of global media, both companies have confirmed. Lazar was previously executive director of media and advertising at GM. 10:20 am U.S. ET | Nov. 5
SUPPLIERS IN CRISIS
Lear Corp. today received approval for its Chapter 11 bankruptcy reorganization plan from the U.S. Bankruptcy Court in New York, nearly four months after the company filed for protection. 12:02 pm U.S. ET | Nov. 5
REUTERS AUTOS SUMMIT
The deal reached between the Canadian Auto Workers and Ford Motor Co. last week cut around C$4 to C$5 an hour from the labor costs of Ford's Canadian workers, CAW President Ken Lewenza said Wednesday. 12:01 am U.S. ET | Nov. 5
NEWS ANALYSIS
Tell most analysts that Chrysler Group's sales are going to rise to about 3 million in 2014 from roughly 1.5 million this year and here is the reaction you will get: No chance. Chrysler CEO Sergio Marchionne is used to turning doubters in believers. 12:01 am U.S. ET | Nov. 4
Contrary to what some might think, Chrysler Group is not burning cash and has improved its cash position since the Italian automaker Fiat S.p.A. took the company over in June, CEO Sergio Marchionne said this morning. 11:55 am U.S. ET | Nov. 4 | UPDATED: 11/4/09 1:50 p.m. ET
Directory
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 industry. 12:01 am U.S. ET | Nov. 7
Bob Lutz, General Motors Co.' 5:46 am U.S. ET | Nov. 6 | UPDATED: 11/6/09 2:31 p.m. ET
Volkswagen of America has released a sketch of the U.S.-built mid-sized sedan that will go on sale in the fall of 2011. 12:01 am U.S. ET | Nov. 2
