Chrysler Group LLC wants to make its new Ram truck brand as big, bold and profitable as the full-size pickups that are its cornerstone, and plans to do it by expanding into commercial vans and potentially big rigs.
Shanghai -- General Motors Co. said Monday it has appointed Tim Lee, its vice president for global manufacturing and labor relations, to head its international operations, part of a shakeup that last week saw the departure of Fritz Henderson as CEO.
One future product idea that has survived the transition from bankrupt Chrysler to the new Chrysler Group LLC is a unibody pickup to replace the Dodge Dakota, which will be discontinued in 2011.
Frankfurt -- German carmaker Daimler AG said Monday that global sales for its Mercedes-Benz Cars division increased 16 percent in November, to 98,400 vehicles from 84,500 in the same month last year.
Finding someone with the right qualifications for GM will be no easy to task for its board. The business world's best and brightest are not beating a path to Detroit's door. And when it comes to bringing in outside talent, Mulally's success is the exception.
When Bill Ford Jr. decided in 2006 that fixing Ford Motor Co. was a bigger challenge than he could handle, he began making a list of the qualifications he wanted in his replacement.
General Motors' European President Nick Reilly would not comment today about possibly closing an Opel plant in Antwerp but said he is still studying alternatives. An announcement could be made within two to three weeks or early next year, Reilly told reporters. He said he still expects about 9,000 job reductions across Europe.
Edward Whitacre Jr. seized the reins at General Motors Co. three days into his tenure as CEO and reshuffled the automaker's management team, giving more responsibility to younger executives and women and emphasizing accountability as a core GM value.
Ford Motor Co. will issue up to $1 billion in new stock, according to documents filed by the company with the U.S. Securities and Exchange Commission after the markets closed on Friday.
Federal safety officials have opened a probe into two models of Toyota Motor Corp. vehicles after drivers reported that their cars stalled in traffic, sometimes at highway speeds.
