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0SAIC and Nanjing merge to form mega Chinese auto group 1198710060
Industry analysts widely agree that one of the principal factors preventing Chinese automakers from succeeding outside of China is the local industry's fragmentation, with over 100 automakers vying for their slice of the proverbial pie. However, a merger announced Wednesday between two major ...
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Fiat chief: Alfa Romeo could benefit from Tata-Jaguar acquisition 1198098180
The upcoming Alfa Romeo 169 flagship sedan is slated to be based on a modified platform from sister-company Maserati, but a potential tie-in with Jaguar could provide an interesting alternative. A report from British magazine Autocar recalls that Alfa's parent company Fiat initially expressed ...
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Porsche doesn't plan to take over VW... yet 1185834960
The latest in Porsche-Volkswagen relations is that the sports car maker has contingencies in place to raise its stake in the VW Group, but at this point is not planning an outright takeover. As you may recall, when Porsche recently increased its ownership in Volkswagen AG, it was bound by German ...
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London Times claims Ford is selling Volvo. Ford says "We never said that." 1184571420
There are so many people inside and outside of Ford saying so many different things about Volvo that it's entirely possible the Swedish brand will be sold and Ford won't realize it until weeks later. The London Times Online posted an article yesterday stating that Ford decided, "in principle," at ...
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Ghosn seeking partnership with US automaker again 1181082540
According to the French newspaper Le Parisien, Renault-Nissan CEO Carlos Ghosn is on the hunt again for a U.S. partner. Considering that talks with General Motors about a possible alliance fell through last year when neither side could agree on what the other's partnership was worth, Ghosn has only ...
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Dennis Publishing acquires Octane magazine 1175896560
In the ongoing struggle between magazines and websites, it should be immediately clear to anyone where we stand. With websites like ours getting constantly updated as the news emerges, magazines are increasingly becoming an outdated relic for delivering automotive news to enthusiasts (like ...
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Thinking Big: new law opens path for Toyota takeover of Subaru 1170797580
Toyota has been eying a takeover of Fuji Heavy Industries – Subaru's parent company – for some time now. When General Motors ditched its 20 percent stake in Fuji back in October 2005, Toyota snapped up 8.7 percent and the two have been undertaking a series of joint ventures since.But ...

