Top News:
- Fiat Chrysler’s Marchionne says ‘unconscionable’ to give up on GM deal: paper – Reuters: It would be “unconscionable” for Fiat Chrysler Automobiles (FCA) not to pursue a merger with rival General Motors and create a company that can generate $30 billion a year in cash, FCA chief Sergio Marchionne said in a newspaper interview.
- Hyundai Set to Debut New N Performance Line – Detroit Bureau: Hyundai is set to become the latest automaker to introduce a new performance-focused sub-brand. The new Hyundai N line will make its debut at next month’s Frankfurt Motor Show. TheDetroitBureau.com has the story.
- Facelifted DS4 revealed ahead of Frankfurt debut – Autocar: Revised DS 4 hatch has been joined by a new Crossback variant and a line-up of refreshed engines PSA Peugeot Citroen’s DS brand has given the DS 4 a major makeover.
- Marchionne wants a partner but says FCA can survive alone ‘in mediocrity’ – Automotive News: Compared with its larger and far richer global counterparts, Fiat Chrysler Automobiles faces a huge set of problems. CEO Sergio Marchionne knows he has challenges but says he also has a plan that is working.
- Sergio may stay till 2020, hunts for next top leader – Automotive News: Sergio Marchionne is 63 and the first to admit that he and won’t stick around as CEO of Fiat Chrysler Automobiles forever. But he may remain a bit longer than expected.
- China faces an added threat down the road: Capacity glut – Automotive News: The news coming out of China right now is bad, and chances are, it’s going to get worse.
