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Fiat set to grab 51 per cent of Chrysler

Sergio Marchionne wants majority at Chrysler What a difference a couple of years makes. On May Day in 2009 we reported that Chrysler had been put in to Chapter 11 Bankruptcy and the US Government was stepping in to ease the pain with $7.5 billion (admittedly at somewhat less than mates-rates) and that the management were ‘leaving the building’. Step forward Fiat to take up a 20% stake in Chrysler and Fiat boss, Sergio Marchionne, who planned to lead Chrysler away from the dark side and in to the light, with the promise of smaller and more efficient platforms and engines.

Who's Where: Bryan Nesbitt and Ken Parkinson switch roles within GM Design

General Motors has announced a change within its Global Design organization that will effectively see Bryan Nesbitt and Ken Parkinson switch roles from August 1 this year. Bryan Nesbitt, who has been executive director North American Exterior Design and Global Architecture Strategy, has been appointed vice president of GMIO Design. The appointment will see Nesbitt relocate to Shanghai, China, and serve as the lead voice for Design in the GMIO region.

GM, Ford, Chrysler advance as market recovers from May dip

Automakers, aided by a rise in pickup demand and new models such as the Chevrolet Cruze, Fiat 500 and Ford Focus small cars, posted higher U.S. sales in June. Sales rose 11 percent at GM, with car demand climbing 28 percent and pickup truck volume up 15 percent.