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Marchionne's dilemma: To sell or not to sell Alfa to Volkswagen?
Wed, 01 Dec 2010Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match. In a public test of Marchionne's faith in his own turnaround strategy, in September Volkswagen Chairman Ferdinand Piech bluntly announced that he wants to buy Alfa Romeo. Piech was suggesting that VW--and only VW--could transform Fiat's perennial money-losing brand into a real moneymaker.
Nissan Leaf Revealed – 3 more Electric Cars to come
Wed, 21 Oct 2009The Nissan Leaf revealed at Tokyo Not surprisingly, Carlos Ghosn – Nissan’s boss – has revealed that Nissan are working on a range of electric cars to be released in the next few years. Considering Nissan partners with Renault, and Renault announced something similar at Frankfurt, it’s not a huge shock toi the system that yet another car maker is going to churn out a range of EVs. First up is the Leaf, with Nissan aiming to launch an electric version of their NV200 van later in 2010.
Cadillac CTS Coupe launch to be delayed until summer 2010
Mon, 26 Jan 2009One of Cadillac's most anticipated models is being delayed one year. The 2010 CTS coupe had been scheduled to go into production this summer. Instead, the car will go into production during the summer of 2010.