Author: Automotive News Feed
-
Maserati to cap global sales at 75,000 a year
Maserati will not sell more than 75,000 vehicles globally a year to retain the brand’s exclusivity,a executive said. Maserati is adding the Levante SUV and Alfieri two-seat sports car to its lineup.
-
Fiat, VW deny report that they are in merger talks
VW has approached rival Fiat about a possible merger, Germany’s Manager Magazin reported today, citing unnamed company sources.
-
Volkswagen interested in buying Fiat, report says
VW has held talks with the owners of Fiat Chrysler Automobiles about purchasing the Italian-American carmaker, a report said. Fiat’s owners want to shift their focus to Ferrari and quit the volume automotive business, the report said.
-
Ford readies product push in fast-growing Africa, Middle East
Ford plans to introduce 25 new models by 2016 in Africa and the Middle East, where it projects the driving age population will grow 31 percent by 2023 to 1.7 billion people.
-
First Shift: GM, Delphi to face Senate
GM counsel, Delphi CEO plan first public comments on crisis; Fiat: No VW talks; Nissan autonomy plan; Chrysler towing edge?
-
VW sets sights on Apple-like model updates
VW plans to mimic the fast-paced rollouts of products made by the likes of Apple to adapt quicker to changing customer demands for technology in its cars.