MARKETER OF THE YEAR
How Hyundai found gold in recession to win U.S. ad award
DETROIT -- Consider the state of affairs when viewers tuned in to the Super Bowl in February: Banks had failed, a stimulus package still hadn't been announced, and unemployment was surging toward 8 percent, up from 4.8 percent the year before. 2:32 pm U.S. ET | Nov. 9
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FUTURE PRODUCT -- CHRYSLER
Chrysler's Fiat-influenced product plan crosses brands
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. A subcompact Jeep will share a platform with the next-generation Fiat Panda Cross. A redesigned Chrysler Sebring and Dodge Avenger will evolve from an unspecified Fiat Group platform. 10:10 am U.S. ET | Nov. 9
BorgWarner forecasts $1.8B in growth from Europe, Asia
BorgWarner Inc. expects about $1.8 billion in net new business through 2012 with 80 percent from programs launching in Europe and Asia and 20 percent from the Americas. Half of the new business will be launched in Europe, as the continent is still the main market for advanced gasoline and diesel engine technology, with 30 percent of the backlog to come from Asia, half of which is expected from China, BorgWarner said today. 12:06 pm U.S. ET | Nov. 9
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. ...
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. The world’s ...
Chrysler hikes spending to rebuild brands after quiet spell
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 ...
BBDO signals end to Chrysler relationship
GM CEO Henderson 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 ...
30% cut in Opel's costs remains GM's goal, Lutz says
Ex-Conti CEO Wennemer quits Opel Trust
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 ca ...
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 ...
Global car market is starting to recover, aided by U.S., 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 ...
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 ...
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 ...