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Marchionne, Fiat execs tighten grip on Chrysler under unified management team
Thu, 28 Jul 2011Sergio Marchionne, CEO of Fiat S.p.A. and Chrysler Group LLC, will retain oversight of the two automakers in North America under a single management team dominated by Fiat-bred executives. Four regional chiefs will be in charge of Fiat and Chrysler operations in North America, South America, Europe and Asia effective Sept.
Diesel and hybrid sales up for 2012
Mon, 23 Apr 2012When gasoline prices go up, sales follow—especially sales of diesel and hybrid cars. Diesel sales have risen a whopping 35 percent in the first quarter of 2012, according to data compiled by www.hyrbidcars.com and Baum and Associates. A total of 28,260 oil burners changed hands.
2013 UK automotive sales highest since 2007
Tue, 07 Jan 2014By Damion Smy Motor Industry 07 January 2014 10:48 The UK car market is showing further buoyancy with 2,264,737 sales in 2013, up from 2,044,069 in 2012. The 10.8% increase makes the UK the best performing market in Europe, exceeding its forecast by posting its highest sales figures since 2007. Top of the charts once again is the Ford Fiesta, which sold almost 13,000 additional units than in 2012, with its stablemate, the Ford Focus, graduating to the runner-up spot to push the Vauxhall Corsa third.