GM makes progress on Europe turnaroundMay 3, 2013 10:40 CET  GM is making progress in restructuring its money-losing Opel/Vauxhall unit in Europe, but the automaker has a long way to go, analysts say. GM's first-quarter pretax loss in Europe narrowed while rival Ford's loss widened sharply.... Read More »
AUTOMOTIVE NEWS WORLD CONGRESS Morgan Stanley sees 17 million sales in '15 12:01 am U.S. ET | Jan. 21, 2013  Pent-up demand will drive U.S. light-vehicle sales to 17 million units by 2015, from 2012's 14.5 million, Morgan Stanley Managing Director Adam Jonas told the Automotive News World Congress.... Read More »
2013 AUTOMOTIVE NEWS WORLD CONGRESS Analyst sees housing, credit improvements releasing pent-up demand 8:32 pm U.S. ET | Jan. 15, 2013  Light-vehicle sales will rise to 17 million units in the United States by 2015, from 2012's 14.9 million, Morgan Stanley Managing Director Adam Jonas told the Automotive News World Congress. Pent-up demand will fuel that rise, he said.... Read More »
Ford won't commit to Belgium factory, union saysSept. 13, 2012 21:59 CET  A union boss at Ford's factory in Genk, Belgium, said he failed to win assurances about the plant's future from the automaker's European management.... Read More »
Ford could join rivals in closing European factoryJuly 20, 2012 11:25 CET  Ford, with overseas losses reducing total profit, is under pressure to close at least one factory in Europe, where it may have more excess capacity than rival General Motors. Both GM and PSA have announced plans to shutter plants in the region, which could ease the way for Ford.... Read More »
Ford could join rivals in closing European factory 5:25 am U.S. ET | July 20, 2012  Ford, with overseas losses reducing total profit, is under pressure to close at least one factory in Europe, where it may have more excess capacity than rival GM. Both GM and PSA have announced plans to shutter plants in the region, which could ease the way for Ford.... Read More »
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