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- Marchionne says doing more with less is crucial for auto-sector survival
Fiat-Chrysler CEO Sergio Marchionne remains convinced that the only way for an automaker to survive in the 21st century is to get bigger and work smarter.
Переслать - Auto industry set to rev up job creation across U.S.
Toyota's Mississippi plant opens this month to build the Corollas that the Japanese automaker needs to get its U.S. sales growing. It's part of a surge of hiring among car companies that's a bright spot in the slow U.S. recovery. U.S.Переслать - DuPont mulls $4 billion sale of auto-paint unit, sources say
DuPont s exploring a sale of its venerable auto-paint division that may fetch as much as $4 billion, said people with knowledge of the matter, as the company focuses on faster-growing products such as food additives.Переслать - Chrysler CEO: 2-tier wage structure with UAW not viable over long run
Chrysler CEO Sergio Marchionne said today the automaker's two-tier wage structure with the UAW is not viable over the long run, and said Chrysler will work to end the pay practice in the next round of contract talks in 2015.Переслать - Visteon aims to sell lighting, interior units, sources say
Visteon is shopping two of its four units to pare low-margin revenue and focus on faster-growing operations in Asia, five people familiar with the sales process said.Переслать - American Axle profit drops 36% on plant-closing charges
U.S. supplier American Axle said third-quarter earnings slid 36 percent, mainly because of costs tied to plant closings. The company posted third-quarter net income of $24.8 million, down from $38.8 million a year earlier.Переслать - BorgWarner profits jump 33 percent in third quarter
BorgWarner reported a 33 percent increase in third-quarter profits on a surge in sales of engine and transmission components. The company said it earned $141.6 million in the third quarter, compared with $106.7 million a year earlier.Переслать - Chevrolet previews SEMA Camaros
Chevrolet -- aiming to enhance consumer demand for two of its most popular models -- is readying a slew of special Camaro and Corvette models for the Specialty Equipment Market Association show in Las Vegas next week.Переслать - GM to operate Louisiana pickup plant until August '12
GM will keep open until August 2012 the mid-sized pickup plant in Louisiana that it set for closure as part of a new four-year labor contract with the UAW. The Shreveport, La.Переслать - Fiat share plan seen easing route to Chrysler merger
A plan by Fiat S.p.A. to convert preference and savings shares into ordinary shares will reduce the cost of equity and remove a potential hurdle to a merger with Chrysler, which is now majority owned by the Italian automaker.Переслать
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