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UK car production jumps as Europeans buy British
Thu, 24 Apr 2014The UK’s car production jumped by 12% last month as demand from Europe for British-built cars increases. Nearly 80% of cars made in the UK are exported worldwide, and 142,158 were produced in March 2014 – compared to 126,909 in March 2013. Official: UK car production is booming UK car production hits six-year high That means so far this year the UK has built 404,803 cars, a rise of 2.9% compared to this time last year.
UAW says it has accord with Chrysler, Fiat , U.S.
Sun, 26 Apr 2009The UAW said it reached a labor agreement with Chrysler LLC, Fiat S.p.A. and the U.S. Treasury Department.
Saturn has interested buyers, GM says
Fri, 06 Mar 2009Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.