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NC, United States
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Three new Maseratis coming in quick succession - Marchionne
Tue, 22 Nov 2011Maserati is preparing a trio of new products for launch in quick succession, Fiat chief exec Sergio Marchionne has confirmed. In an interview after addressing the CBI business conference in London yesterday, he said a successor to the Quattroporte, a smaller Maserati and the Kubang would reinvigorate the Maser range. 'Maserati will increase its volumes by having three cars,' said Marchionne, confirming a replacement for the Quattroporte, the SUV and 'a much smaller four-door.
BMW and Toyota to team up for sports car
Fri, 29 Jun 2012BMW and Toyota have agreed to jointly engineer and produce a new sports car as part of a broad-reaching technical partnership that is also set to center on lightweight construction solutions, fuel-cell development and hybrid powertrains. The announcement of the deal builds on an existing agreement for the supply of BMW diesel engines for various Toyota models, agreed to in December 2011. That was advanced with the signing of a memorandum by BMW CEO Norbert Reithofer and Toyota chairman Akio Toyoda in Munich, Germany, on Friday.
Ford to add or retain 12,000 jobs, invest $16 billion under UAW pact
Tue, 04 Oct 2011Ford Motor Co. said today it will add or retain 12,000 U.S. jobs as part of $16 billion in planned investments under its new labor agreement with the UAW.