Automobile World

Wednesday, September 27, 2006

GM, Toyota bet that pickups will pick up

GM, Toyota bet that pickups will pick up
By Gina Chon And Norihiku Shirouzu
The Wall Street Journal Europe
27 Sep 2006

GENERAL MOTORS Corp. and Toyota Motor Corp. are both about to bet hundreds of millions of dollars that even during a downturn in full-size pickup-truck sales, they can attract more buyers. Big pickup trucks make up the single largest segment in the... read more...

Peugeot Citroën to slash 10,000 jobs, cut spending

Peugeot Citron to slash 10,000 jobs, cut spending
By David Pearson
The Wall Street Journal Europe
27 Sep 2006

PARIS— PSA Peugeot Citron, grappling with falling car sales in its core European markets, said it would reduce its European work force by about 7% and make cutbacks in capital spending and overhead. The plan by Europe’s secondlargest auto maker by... read more...

Tuesday, September 19, 2006

GM and Ford considered possibility of an alliance

GM and Ford considered possibility of an alliance
By Neal E. Boudette And Monica Langley
The Wall Street Journal Europe
19 Sep 2006

General Motors Corp. and Ford Motor Co. briefly discussed the concept of an alliance but have dropped the idea and plan no further talks, two people familiar with the matter said. The two U.S. auto makers are both trying to turn around their auto... read more...

Monday, September 18, 2006

‘Dr. Z’ fails to jump-start Chrysler

‘Dr. Z’ fails to jump-start Chrysler
By Gina Chon And Suzanne Vranica
The Wall Street Journal Europe
18 Sep 2006

Chrysler Group’s surprise disclosure Friday that it will have a loss of $1.5 billion in the third quarter signals a painful new round of restructuring that likely will have DaimlerChryslerAGChairman and Chief Executive Dieter Zetsche... read more...

Friday, September 08, 2006

Auto tie-up accelerates

Auto tie-up accelerates

New Zealand Herald
08 Sep 2006

French carmaker Renault confirmed yesterday it was hiring two advisory banks for a possible alliance with General Motors and its existing ally, Nissan. Speaking at the launch of the Nissan Qashqai model in Paris, chief executive Carlos Ghosn said the... read more...

Thursday, September 07, 2006

Nissan plans to launch 21 models over 1μ years

Nissan plans to launch 21 models over 1μ years
By David Pearson And Jocelyn Jovene
The Wall Street Journal Europe
07 Sep 2006

Nissan Motor Co. is poised for a new period of sales growth because of the planned launch of 21 new models in the next 18 months, said Chief Executive Officer Carlos Ghosn. Separately, Mr. Ghosn, who also is CEO of France’s Renault SA, said he sees... read more...