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Sergio Marchionne received EUR3.6 million ($5 million) in cash in 2013, including a bonus and incentives, for his role as chief executive of Fiat S.p.A., according to the group’s compensation...
by - March 12, 2014
Honda has opened a hydrogen refueling station on its campus near Los Angeles aimed at standardizing a hydrogen fueling protocol. Honda opened the station to other carmakers to help validate...
by - March 11, 2014
Ford Motor Co. chief executive Alan Mulally has received $13.8 million in stock for the carmaker’s performance in 2013. Ford also gave its Mulally 613,747 stock options as part of...
by - March 11, 2014
Toyota Motor Corp. will be using Mazda’s Skyactiv engine for its new subcompact that is derived from the Mazda2. Toyota will be sourcing the Skyactiv engine from Mazda’s new Salamanca...
by - March 11, 2014
Fiat Chrysler Automobiles is expecting its new site in Pernambuco, Brazil to hike its profitability in the country by 2017, chief executive Sergio Marchionne said. "I'm absolutely convinced that by...
by - March 11, 2014
Mercedes-Benz managed to trim the luxury-car sales lead of Audi by nearly a third in the first two months of 2014, thanks to increasing demand in China. Until end of...
by - March 11, 2014
Audi is introducing an advanced traffic light recognition technology that could render city driving more fluid, thus saving time and fuel. Audi Online traffic light information uses Audi connect to...
by - March 11, 2014
Mexico is quickly becoming an important manufacturing base for Japanese carmakers. As proof of that, Nissan, Honda and Mazda have opened assembly plants in the country within just four months....
by - March 11, 2014
The number of Jeep dealerships requesting pre-equipping their offerings with Mopar accessories before they arrive at their showrooms is growing. Instead of going straight to dealerships, Tens of thousands of...
by - March 11, 2014
In past years, General Motors’s attention in Europe was divided between Chevrolet as the mainstream brand and Opel as a premium marque. That didn’t help Opel recover its former spark...
by - March 11, 2014
BMW intends to expand its car-sharing program to up to 25 new cities to attract younger customers in the United States and Europe. BMW seeks to introduce the DriveNow short-term...
by - March 10, 2014
Mike Manley, Jeep brand boss, is confident that fans will be not discouraged from buying the Jeep Renegade even if it is made in Italy. The Renegade is the brand...
by - March 10, 2014
BMW Group is planning to sell over 2 million cars and sports utility vehicles this year, expecting further demand in China and the United States. For the first two months...
by - March 10, 2014
The United States National Highway Traffic Safety Administration sent a 27-page letter to General Motors asking for detailed information and documents related to its probe into whether the carmaker waited...
by - March 10, 2014
Fiat Chrysler Automobiles is planning to commence production of bodies for the new Maserati Levante at its Mirafiori site in Italy in 2015, said chief executive Sergio Marchionne. The revival...
by - March 10, 2014
The United States National Highway Traffic Safety Administration has closed an investigation into possible defects in late-model Ford Motor Co. vehicles, which means a recall would not be necessary. NHTSA...
by - March 10, 2014
General Motors has assured Wall Street analysts that it remained focused on maintaining pricing "discipline” for its full-size pickups despite offering discounts over the last month. GM sent its new...
by - March 10, 2014
United States Bankruptcy Judge Brendan Linehan Shannon has approved a plan by Fisker Automotive Holdings Inc. to borrow $4.98 million from Wanxiang Group. Fisker will return to court March 21...
by - March 10, 2014
Both General Motors and Ford Motor Co. posted double-digit sales surges in China in February 2014. GM and Ford logged a 20-percent and a 67-percent year-on-year rise in sales, respectively....
by - March 10, 2014
The incoming chief executive of PSA/Peugeot-Citroen, Carlos Tavares, attended the Geneva Motor Show in a manner that a few would expect. Weeks before becoming the top guy at the struggling...
by - March 10, 2014
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