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Fiat says it could abandon Chrysler due to unions
Wed, 15 Apr 2009Fiat S.p.A. CEO Sergio Marchionne said he is ready to abandon plans to form a partnership with Chrysler LLC unless the U.S. carmaker's unions accept substantial labor cost reductions by the end of the month.
GM and PSA announce four joint vehicle programs
Wed, 24 Oct 2012PSA Peugeot/Citroën and General Motors have confirmed they will develop four future vehicle projects as part of their ‘Global Strategic Alliance' as both parties grapple with dwindling sales and spiraling costs in the European market. The first is a joint program for a compact-class MPV for Opel/Vauxhall and a compact-class Crossover Utility Vehicle for the Peugeot brand. The second project has been confirmed as a joint MPV program for the small car segment for Opel/Vauxhall and the Citroën brand.
Final second-generation Mini leaves production line
Fri, 29 Nov 2013THE FINAL Mini hatchback of the current generation has left the production line in Oxford, after more than a million were made for customers around the world. There’s no time for production staff to rest, though, with assembly of the new Mini hatchback already under way alongside the many other Mini model derivatives. In total, more than 1.8 million hatchback Minis have been built at the factory since 2001, of which 1,041,412 were the currently outgoing model.