General Motors Sales Climbed 11% in November

General Motors, fresh off its initial public offering, reported today that November sales rose 11.4% compared to the same month a year ago. Among its four core brands, Buick, Cadillac, GMC and Chevrolet, GM said sales rose near…

Chrysler IPO Still Slated for Next Year

Fiat is still planning to spin off the American carmaker late next year, but the road to an IPO could be bumpy.
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Chrysler IPO Still Slated …

Fiat May Use Grand Cherokee Platform for Alfa Romeo

Chrysler has enjoyed so much success with the new Jeep Grand Cherokee that Fiat (FIATY) may use the vehicle’s platform for Alfa Romeo and Maserati models. Chrysler, which is controlled by the Italian company, introduced the new Grand Cherokee earlier in 2010.

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“One of the things that we are now looking at in some detail is the possibility of utilizing this architecture and extending…

Continue reading Fiat May Use Grand Cherokee Platform for Alfa Romeo

Fiat May Use Grand Cherokee Platform for Alfa Romeo originally appeared on DailyFinance on Tue, 09 Nov 2010 07:28:00.

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October Auto Sales Show an Industry on the Rebound

Buoyed by consumers’ increased confidence in the U.S. economy, most automakers reported higher sales of cars and trucks in the U.S. during October compared to a year ago — making it the best October in three years for the auto…