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Europe's ailing car market ended a streak of 18 straight months of falling sales, though a number of one-off factors suggested that a sustained recovery will be harder to achieve.A pick-up in Germany and Spain in addition to continued robust demand in Britain delivered a 1.8 percent increase in new car registrations last month, to 1.08 million vehicles.However, the figures published by automotive industry association ACEA on Friday were flattered by two extra sales days in many European markets after Easter holidays fell in March rather than April, with last year's weak April also helping the year-on-year comparison.Demand for new cars in recession-hit Europe fell to a 17-year low last year as euro zone unemployment reached record highs, credit dried up and households focused on repaying debt.Despite last month's upturn, the ACEA pointed out that it was still the third-lowest level of new registrations for the month of April."It's a bit like the 'dead cat bounce' because car sales have...
Europe's ailing car market has weakened further in recent months; and with no signs of recovery, some industry leaders hope governments will relax their opposition t...
Fiat (F.MI, FIATY) stole the spotlight at the Geneva motor show Tuesday as it took the wraps off new, racy but low-volume Ferrari and Alfa Romeo sports cars, new fla...
Sergio Marchionne does not walk on water.Nevertheless, it may require a miracle to pull off the Fiat chief's latest gambit: Take his sporty Alfa Romeo brand global w...
Fiat-Chrysler's plans to build Jeep into a global brand move forward on Friday when a new executive takes over at the company's Chinese joint venture to ramp up prod...
Ford , PSA Peugeot Citroen and Toyota <7203.T> led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of Europ...
Ford , PSA Peugeot Citroen and Toyota <7203.T> led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of Europ...
Italy's Ferrari Monday posted a double-digit increase in net profit for 2012 as strong demand for its luxury sports cars such as the new 12-cylinder F12 Berlinetta p...
Fiat SpA's Alfa Romeo will outsell stablemate Fiat in the United States once the sporty brand gets a foothold in its new market and expands to sell larger models, an...
Fiat SpA's (F.MI) chief executive Sunday said he expects to complete the acquisition of Chrysler Group LLC sometime in 2014 once an agreement is reached over the pri...
Italian new car registrations fell 17.6% in January as demand showed no sign of recovering amid persistent consumer concerns about the country's weak economy.The dro...
Chrysler Group LLC, majority owned by Italy's Fiat SpA , will have 16 Fiat and Alfa Romeo models in its North American lineup by 2016, Chrysler said on Wednesday.Ser...
GRUGLIASCO, Italy--Fiat SpA's (F.MI) chief executive said Wednesday that the results to be published later today by the Italian automaker are in line with expectatio...
A meeting of U.S. Fiat dealers to discuss future products, including the arrival of Alfa Romeo models, has twice been postponed and no new date has been set, several...
German premium carmaker Daimler said it might cut its 2013 profit expectations this month, sparking sharp criticism from shareholders gathering for Wednesday's annua...
BERLIN, April 10 (Reuters) - German premium carmaker Daimler is likely to cut its profit expectations for the year, after it said on Wednesday that its core European...
Italian new car registrations tumbled 4.9% in March from the same month a year earlier, the smallest annualized drop in a long time, the transport ministry said Tues...
The 2014 Jeep Cherokee revives one of the brand's hallowed nameplates, one that dates back nearly 40 years. But the Chrysler Group's new crossover vehicle looks like...
The 2014 Jeep Cherokee revives one of the brand's hallowed nameplates, one that dates back nearly 40 years. But the Chrysler Group's new crossover vehicle looks like...
Fiat SpA (F.MI) has reached an agreement with labor unions over the renewal of contracts for its nearly 80,000 Italian workers, a union involved in the negotiations ...
