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Sergio Marchionne warns of strife ahead in Europe
Sat, 29 Sep 2012Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.
VW Tiguan Match replaces Tiguan SE
Tue, 04 May 2010The VW Tiguan Match - replaces the Tiguan SE Volkswagen’s compact crossover/suv/cuv – the VW Tiguan – has been with us a while now, so as is the way with all product – from soap to supercars – it’s time to tweak the offerings and repackage so the buyer thinks they’re getting more/better/something new for their hard earned cash. It’s called Marketing. So we now get the Volkswagen Tiguan Match replacing the previous Tiguan SE trim.
Press leaving Chrysler, report says
Fri, 21 Aug 2009Chrysler Group Deputy CEO Jim Press is planning to leave the company before the end of the year, according to a report Friday by The Wall Street Journal, citing unnamed sources. Press, 62, is expected to leave before December, one of the newspaper's sources said. Chrysler spokesman Gualberto Ranieri declined to comment on the paper's report.