Categories: Deals

Renault-Nissan and Daimler could work. Ghosn will insist

Posted by: David Welch on April 07

When Renault-Nissan CEO Carlos Ghosn first formed the Franco-Japanese car alliance, he joked at the 1999 Tokyo Motor Show about serving sushi and Chardonnay. Well, let’s slather some spatzle...

Geely buys Volvo. Believe it or not, it could work

Posted by: David Welch on March 29

Mergers and acquisitions in the car business have a terrible record. DaimlerChrysler stands tall as the worst example of a bad marriage. General Motors made a hash of Saab...

Wall Street Gives Cred To China Automakers Geely and BYD

Posted by: David Kiley on September 22

China automakers are beginning to gain more credibility in terms of their future in the West. Goldman Sachs is considering an investment in Geely Automobile Holdings Ltd. And there is...

Chinese Carmaker Geely Wants Volvo

Posted by: David Kiley on September 09

Chinese automaker Geely has made its intentions clear that it wants to buy Swedish automaker Volvo from Ford Motor Co. Ford has been formally exploring a sale of the...

Fiat Deal With Bertone Could Benefit Chrysler

Posted by: David Kiley on August 07

Fiat’s acquisition of historic car styling/coach-building Italian company Bertone this week fits in with an ongoing discussion at the automaker about whether to keep the Chrysler brand going. Fiat...

Chrysler moves closer to Fiat

Posted by: David Welch on May 06

Chrysler moved closer toward selling the company—or at least, the brands and plants that potential buyer Fiat Auto wants to keep—in bankruptcy court yesterday. What happened doesn’t seal the...

Porsche Takeover of VW Done But For The Law

Posted by: David Kiley on January 06

Porsche AG took step closer to controlling the much larger Volkswagen AG by upping its share holdings to 50.8% in late Monday trading. But actual formal control of management...

The discounting treadmill

Posted by: David Welch on September 02

It looks like General Motors is stuck on the discount treadmill. Bloomberg reported today that GM will extend its employee pricing program for all consumers for another month. The...

The Future of Hummer Is In Foreign Hands

Posted by: David Kiley on August 17

The iconic Hummer brand could soon be in the hands of Eastern Europeans. Reuters is reporting that General Motors, which markets civilian vehicles under the Hummer brand has been...

Chinese Volvos Could Be Coming To A Showroom Near You

Posted by: David Kiley on June 25

Ford Motor, it has been reported by Swedish newspaper Dagens, is in negotiations to sell its Volvo car division to a Chinese automaker believed to be Shanghai Automotive Industries. Ford...

Ford Closes Deal With Tata on Jag and Land Rover

Posted by: David Kiley on June 02

Ford Motor Co. has finalized its deal to sell Jaguar and Land Rover to Indian automaker Tata. And so, the Ford Treasurer's Dept. can close most of the file on...

Chrysler Linking With the Japanese and Italians In The Same Week?

Posted by: David Kiley on April 15

First we find out that Chrysler is going to build pickup trucks for Nissan in Mexico and that Nissan is going to build a small car for Chrysler. Then, we...

Nissan as Chrysler's Savior

Posted by: David Welch on April 15

When Nissan and Chrysler announced a deal yesterday that they will build more cars for each other, it naturally fueled speculation that some bigger merger or alliance isn't far...

Who Will Drive Away with Land Rover and Jaguar?

Posted by: Gail Edmondson on July 19

The bidding is hotter than expected for Ford's two premium brands, Land Rover and Jaguar. Ford received at least six offers for the two brands today. Most of the bidders...

Who Wants Volvo?

Posted by: David Kiley on July 16

Take a Volvo S80. Please. That’s sort of what Ford is saying these days as it tries to drum up interest in its Volvo automobile business. As I have been...

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Want the straight scoop on the auto industry? Our man in Detroit David Welch, brings keen observations and provocative perspective on the auto business.

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