10 Updates

Italian auto sales plunge 20.1% in November

Source: Business Spectator , Dec 5 2012, 8:05am CST

Car sales in Italy plunged by 20.1 per cent in November on a 12-month comparison, continuing the downward trend of the past few months, the transport ministry says in a statement. The number of new car registrations was 106,491 in Nove ...

Continue reading on: Business Spectator

 
 
Update
10

24 minutes ago

Report: Marchionne offers belated apology for 'wop engine' comment

Source: Autoblog  |   May 22 2013, 1:32pm CDT

Automotive News reports Fiat-Chrysler CEO Sergio Marchionne has issued a written apology for his comments regarding his decision to stick with an Italian engine for the upcoming Alfa Romeo 4C. As you may recall, back in January, Marchionne was quot ...

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Update
9

26 minutes ago

More Sales, More Work

Source: The Truth About Cars  |   May 22 2013, 1:30pm CDT

Ford is adding a week of production at most of its North American factories this year for an additional 40,000 vehicles, Reuters says. Plants will be idled for just one week this summer instead of the tradition ...

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Update
8

30 minutes ago

Italy to press Fiat's Marchionne over commitment to country

Source: Detroit News Online  |   May 22 2013, 1:26pm CDT

The Italian government plans to press Fiat SpA Chief Executive Officer Sergio Marchionne over concerns hes shifting the carmaker and heavy truck manufacturer Fiat Industrial SpA away from the country. Industry Minister Flavio Zanonato told newspap ...

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Update
7

43 minutes ago

Great American Group Reports Domestic Auto Market Posted Best Sales Month Since 2007

Source: Business Wire  |   May 22 2013, 1:13pm CDT

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Analysts with Great American Group, Inc. (OTCBB: GAMR) report that the domestic automotive industry continues to outshine several other major manufacturing sectors, p ...

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Update
6

3 hours ago

Millions of poverty-stricken Italians unable to afford heat, meat amid economic crisis

Source: Russia Today  |   May 22 2013, 10:03am CDT

As a severe recession and unprecedented unemployment sweeps Italy, millions of people are struggling to make ends meet. The number of those receiving food assistance has doubled in the past two years, according to a gov ...

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Update
5

4 hours ago

Top 10 viral auto ads show how online video is redrawing auto marketing boundaries

Source: Crain's Detroit Business  |   May 22 2013, 9:36am CDT

'Imported from Detroit' for Chrysler ranks No. 6 in a list of online viral auto ads by Visible Measures. Chrysler-Fiat marketing chief Olivier Francois hopes he has this summer's pop-music hit in his back pocket: the thumping soundtr ...

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Update
4

4 hours ago

Fiat-Chrysler verkaufte bisher über 266 000 Autos

Source: premium presse 5  |   May 22 2013, 9:03am CDT

Fiat-Chrysler hat im vergangenen Monat seinen Marktanteil in Europa gegenüber dem März um 0,3 Prozentpunkte auf 6,3 Prozent gesteigert. Der Konzern lieà über 68 000 Neufahrzeuge zu. Im Jahresverlauf erzielte das Unternehmen ...

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Update
3

5 hours ago

'Poverty strikes millions in Italy'

Source: Press TV  |   May 22 2013, 8:38am CDT

The report released on Wednesday by Italy’s National Statistics Institute, ISTAT, said the number of people considered seriously deprived has doubled in the past two years. The findings underlined the scale of the challenge faced by Prime Minister Enrico ...

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Update
2

5 hours ago

UPDATE 1-Terna sale shows foreign appetite for Italy assets

Source: Reuters Mobile  |   May 22 2013, 7:58am CDT

* Shares placed at 3.35 euros, discount of 4.6 pct MILAN, May 22 (Reuters) - UK and U.S. based investors have bought 60 percent of a 360 million euro stake in Italian power grid operator Terna in a share offer that shows demand for choice Itali ...

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Update
1

6 hours ago

Car Design Driving Increased Car Sales? Spare Me

Source: The Truth About Cars  |   May 22 2013, 7:30am CDT

A piece in Bloomberg that could hardly be seen as anything but relentless Detroit homerism puts forward the thesis that cutting-edge design is helping Detroit capture increasing market share in a white hot new car market. Per Bloomberg Fr ...

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