The Auto Industry

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Opel chief leaves following failed deal Friday, 6 Nov 2009 03:28pm EST

FRANKFURT (Reuters) - General Motors Co said on Friday the head of its European operations, Carl-Peter Forster, is leaving, three days after the automaker's decision to scrap a planned sale of its Opel unit.  Full Article   |  Video

 
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Fiat CEO says time not right to list Auto unit Friday, 6 Nov 2009 11:08am EST 

ZURICH (Reuters) - Fiat boss Sergio Marchionne, on his way back from unveiling a new strategy for Chrysler in Detroit, ruled out listing Fiat Auto, an option Fiat considered earlier this year when it was hoping to take over carmaker Opel.  Full Article  

More on the Big three

A wreckage of an old car is carried by a crane at a junkyard in Hanau, 40km south of Frankfurt, September 2, 2009. REUTERS/Kai Pfaffenbach
Post-carpocalypse

The auto industry is rising out of a deep slump but analysts are handicapping the strength of a still uncertain recovery. How long will the road back to "normal" be?  Full Coverage 

VIDEO

Toyota surprises with second quarter profit

The Japanese automaker reduces its 6-month loss forecast from $4 billion to $1.37 billion.  Video 

INSIGHT & ANALYSIS

Harwinton Capital Chairman, President and CEO Jerry York talks with Reuters reporters during the Reuters Autos Summit in Detroit, Michigan November 2, 2009. REUTERS/Rebecca Cook
U.S. to be more selective with carmakers

Automakers can expect the U.S. government to be attentive to its multibillion-dollar stake in their businesses next year and selective in its efforts to reshape the industry.  Full Article 

 
General Motors Co. Chief Executive Fritz Henderson attends a news conference in Shanghai October 13, 2009. REUTERS/Aly Son
GM CEO in spotlight after Opel reversal

The surprise decision by GM to drop a plan supported by Chief Executive Fritz Henderson to sell the company's Opel unit has raised new questions about the standing of the veteran GM insider after just six months on the job.  Full Article 

 
A car salesman is pictured through a car's wing mirror as he waits for business at a Washington-area Chrysler dealer in New Carrollton, Maryland, April 30, 2009. REUTERS/Jason Reed
U.S. auto demand may stay low

One of main lessons of the brutal U.S. recession -- that loose credit terms can come back to bite lenders -- may keep the U.S. auto market from returning to the peaks it hit earlier this decade.  Full Article 

 
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How to boost fuel efficiency? Raise taxes, executives say

There's a simple way to get Americans to drive fuel-efficient cars, according to auto executives, but they are not going to like it -- sharply hike the gas tax.  Full Article 

 
Car body shells are piled up at the Renault car factory in Flins, near Paris, October 2, 2009.  REUTERS/Charles Platiau
Renault needs tech infusion, not cash

The French car maker's falling sales in India and Russia and tension with its partners underline the risks of car sector tie-ups.  Full Article