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Alfa's U.S. return likely for 2012, Marchionne says
Tue, 16 Feb 2010Fiat's on-again, off-again plan to return Alfa Romeo to the United States is on again, this time with a target date of 2012. A Chrysler Group spokesman has confirmed remarks made by CEO Sergio Marchionne in Toronto. “I'm a lot more confident now that Alfa Romeo will reconstitute a product offering that is acceptable globally, and more in particular in the United States and Canada,” Marchionne was quoted as saying Friday.
Audi to bring more diesels to U.S. market
Tue, 08 Mar 2011Encouraged by healthy U.S. demand for diesel-powered versions of the A3 hatchback and Q7 crossover, Audi will add diesel powerplants to the A8 and A6 sedans and the Q5 crossover within the next 24 to 30 months, Audi of America Inc. president Johan de Nysschen said Tuesday.
Chrysler investigated after collapse of Getrag deal
Thu, 26 Mar 2009The state of Indiana is investigating Chrysler LLC for securities fraud over the collapse of a joint venture with Getrag Transmission LLC. Jim Gavin, a spokesman for Secretary of State Todd Rokita, today confirmed a Kokomo Tribune report that said the investigation began two weeks ago. "There have been no complaints or allegations made," the paper quoted Rokita saying in a speech Tuesday.