Fiat plants in Italy to resume work on Monday

Fiat's factories in Italy will resume production on Monday after a strike by truckers ended on Friday. Fiat lost production of 8,400 vehicles after parts deliveries were disrupted by a week-long strike by truckers protesting higher taxes on fuel. Read More »

Fiat to launch 500L, fourth variant of retro-styled 500 minicar Fiat says the fourth variant of its 500 model lineup will be called the 500L, with L standing for large.The five-seat subcompact will go on sale in Europe in the summer. ... Read More »
Sweden repays bankrupt Saab's EU loan Sweden's Debt Office has paid back a loan made by the European Investment Bank to Saab, making the country the bankrupt carmaker's biggest creditor. ... Read More »
Ford quarterly profit slips to $1.1 billion on Europe, Asia losses Ford said its pretax operating earnings in the fourth quarter fell 15 percent to $1.1 billion, in part due to widening losses in Europe, as the company posted its third s ...
Kia targets double-digit sales growth in Europe, U.S. Kia says it aims to lift sales in Europe by 22.8 percent this year to 356,000 vehicles and in the U.S. by 10 percent to 534,000 vehicles, despite an uncertain economic en ...
PSA sets 550,000 output target for new 208 PSA has set an annual production target of 550,000 cars for its new 208 subcompact model, the automaker's industrial director, Denis Martin said. "The production target i ...
GM seen accelerating Opel restructuring as sales plunge The financial crisis in Europe is adding new urgency to General Motors' attempt to turn around its money-burning Opel unit. The U.S. carmaker is trying a number of moves ...
Hyundai aims to boost sales in weak Europe market Hyundai plans to aggressively raise auto sales in Europe this year, saying the region's difficult market situation offers an opportunity to increase share. "Price competi ...