Nissan Motor is reducing its California-based advanced planning team from 19 positions to 9, possibly hobbling its ability to create models for the US. Nissan’s…
Honda Motor, confronting its first quarterly loss in 15 years, will scale back plans to make business jets, and may offer voluntary retirements in the…
Chrysler, the third-largest US automaker, wants $2 billion more in federal aid to successfully restructure, pushing its total request to $9 billion. Chrysler also plans…
Today Fiat and Chrysler released corporate statements confirming that over the longer term, in exchange for a 35% equity stake in Chrysler, Fiat will provide…