Fiat cannot keep all Italy plants open
Fiat S.p.A. may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, CEO Sergio Marchionne said today. 2:00 pm U.S. ET | Nov. 20
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South Korea willing to discuss auto trade issues
South Korean President Lee Myung-bak said today his country was willing to reopen discussions on the automobile trade under a free trade agreement with the United States to address U.S. industry concerns. 12:01 am U.S. ET | Nov. 19
The Obama administration's autos task force was caught off guard when General Motors Co. decided to scrap a planned sale of its Opel unit that had the strong backing of Germany, a senior official said. 1:22 pm U.S. ET | Nov. 18
YANG JIAN
Thanks to a strong push from the central government, consolidation among state-owned automakers has picked up speed this year. This is no bad thing. Yang Jian is the managing editor of Automotive News China. 11:55 am U.S. ET | Nov. 18
Ford Motor Co.'s Volvo car unit will retain the rights for its licensed technologies, while its Chinese bidder Geely will be allowed to use the technologies, a Geely spokesman was quoted as saying on Tuesday.
Nov. 17 06:01 CET | UPDATED: Nov. 17 19:15 CET
COMMENTARY
Other Chinese automakers might be keen to follow Geely in bidding for a world-class brand and its technology to up their game in the global market.
Nov. 17 06:01 CET
Last week's acquisition of Ohio-based metal fastener and stamping supplier Tinnerman Palnut Engineered Products Inc. by French plastic fastener supplier A Raymond Inc. 11:13 am U.S. ET | Nov. 17
Autoliv Inc. said on Tuesday it would buy the North American airbag, seat belt and steering wheel assets of U.S. parts supplier Delphi for an undisclosed sum. The deal strengthens the Swedish partsmaker's position as the world's No.
Nov. 17 10:16 CET
Autoliv Inc. said on Tuesday that vehicle production volumes thus far into fourth quarter have held up well. "We have not seen any deterioration in (vehicle) production volumes.
Nov. 17 12:01 CET
Belgian foam maker Recticel said on Tuesday that one of the reasons it would cut 110 jobs at its plant in Wetteren, Belgium, and shift some production to Germany was to meet a demand made by Daimler AG.
Nov. 17 14:01 CET
Previous German pledges to provide state aid to carmaker Opel no longer apply now that General Motors Co. has said it can restructure its European arm alone, German Economy Minister Rainer Bruederle said.
Nov. 16 11:16 CET
European passenger-car sales rose 11.2 percent in October, with a marked contrast between western European markets, which grew strongly, and eastern European markets which tumbled, industry association ACEA said on Monday.
Nov. 16 08:16 CET
NEWS ANALYSIS
Hyundai-Kia's share gains have overwhelmed rivals this year, and the climbing yen and South Korea's export-friendly trade pacts are giving Japanese automakers even more worries. 12:01 am U.S. ET | Nov. 16