Fox Business - The Power to Prosper
Search Site

North American International Auto Show

Chrysler decision on Canada minivan plant due in 48 hours: CEO

Fiat Chrysler Automobiles will make public a decision in the next two days whether to undertake a major revamping of a minivan plant in Windsor, Ontario, Fiat SpA Chief Executive Officer Sergio Marchionne said on Tuesday."This will become clear in the next 24 to 48 hours," Marchionne said at a press conference at the Geneva auto show. "The decision has already been made. We are just in the process of finalizing that choice. We are pretty much done."Marchionne did not indicate what the decision would be for production of a new generation of minivans.At the Detroit auto show seven weeks ago, Marchionne said that changes at the plant would cost at least $2 billion, and that Chrysler needed help from the Canadian government to help finance the project.(Reporting by Agnieszka Flak in Geneva; Additional reporting by Susan Taylor in Toronto and David Ljunggren in Ottawa and Bernie Woodall in Detroit; Editing by Jan Paschal)...

Read More

  1. GM Declares 30-Cent Quarterly Dividend

    General Motors (NYSE:GM) said Tuesday its board approved a quarterly dividend of 30 cents a share, marking the automaker's first dividend in six years.Chief financia...

  2. The ins and outs of Ford’s all-new 2015 F-150 pickup truck

    Ford Trucks engineering director Matt O’Leary on Ford’s all-new 2015 F-150 pickup truck.

  3. Electric Run: Tesla 4Q Deliveries Top Outlook

    Tesla Motors (NASDAQ:TSLA) delivered 20% more vehicles than expected in the fourth quarter and plans to double its sales and service locations this year, the company...

  4. Tesla Recalls Announced As Shipments Top Target

    Tesla Motors is recalling 29,222 Model S vehicles from 2013 on concerns the adapter, cord or wall outlet could overheat, the National Highway Traffic Safety Administ...

  5. 2014 Detroit Auto Show Preview

    Check out some of the new cars and experimental concept vehicles unveiled this year

  6. Alcoa Expands Auto Supply Plant on Demand

    Alcoa (NYSE:AA) completed a $300 million expansion at an Iowa facility dedicated to supplying aluminum used by the auto industry, as the company looks to capitalize ...

  7. 2014 Detroit Auto Show : Chevrolet Silverado Wins

    Chevrolet Silverado, GM's full-size pickup was named Truck Of The Year. Incoming CEO Mary Barra of GMC talks about winning most outstanding vehicles of the year.

  8. The standouts from the Detroit Auto Show

    FBN’s Jeff Flock on the Detroit Auto Show .

  9. Suntory to buy Beam for $16B

    Claman on Call: FBN’s Liz Claman with an after-hours web-exclusive on the markets, Charter Communications bid for Time Warner Cable, Suntory’s deal for Beam and Ford’s new F-150.

  10. Hyundai CEO: Continue to look for increased production capacity

    Hyundai Motor America CEO Dave Zuchowski on efforts to boost the company’s sales growth.

  11. Subaru’s new American buyers

    Subaru President and COO Tom Doll says buyers are turning to Subaru for its value.

  12. Toyota unveils concept sports car

    Toyota North America CEO Jim Lentz on the future of Toyota at the Detroit Auto Show .

  1. Tesla Scores Earnings Beat, Shares Rise

    Tesla Motors (NASDAQ:TSLA) posted better-than-expected earnings and provided an upbeat outlook for vehicle deliveries in the new year, sending shares higher late Wed...

  2. Report: Fiat CEO Will Push for U.S. Stock Listing

    Fiat CEO Sergio Marchionne plans to propose to the company's board a U.S. stock listing and UK fiscal residency for the new auto group comprised of the Italian autom...

  3. VW's Labour Chief: U.S. Operations a 'Disaster'

    Volkswagen AG's top labour representative has dubbed the carmaker's U.S. operations a "disaster" and called for more models and swift decisions to revive the German ...

  4. VP Biden touts 'Big Three' comeback at Detroit Auto Show

    Doug McKelway reports from Washington

  5. Will Google Glass be the Next Ban in Distracted Driving?

    Traffic laws tend to be one step behind technology. After all, the first state law prohibiting texting while driving came about six years ago. And now with Google Gl...

  6. Coolest trucks in Detroit

    Fox Car Report's Gary Gastelu checks out the most interesting trucks unveiled at the 2014 North American International Auto Show in Detroit.

  7. GM to pay first quarterly dividend in almost six years

    General Motors Co will pay the first quarterly dividend on its common stock in almost six years, marking another step in the U.S. automaker's recovery from its bankr...

‹ Prev12345Next ›
Freebase CC-BY
Source: North American International Auto Show on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL