Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying it would reduce shareholder rights.
Category Archives: General Talk
97% of US buyers opted for 2.5L stop/start base engine on 2014 – 15 Malibu
Ninety-seven percent of customers in the US who purchased a 2014 or 2015 Malibu—accounting for about 83,000 vehicles—opted for the 2.5-liter, 4-cylinder base engine (LKW) equipped with standard stop/start technology, according to GM.
Daimler quarterly earnings rise 12% on sales of S class
Daimler said second-quarter profit rose 12 percent as the top-of-the-line Mercedes-Benz S-class sedan’s sales doubled and the company scaled back spending.
VW faces battle with workers over cost cutting plans
Volkswagen faces a battle with workers over cost cuts at its biggest car division, a central plank of its drive to meet profit margin targets.
Jaguar SVO builds a bespoke F-Type coupe to support Team Sky
Following last month’s unveiling of a new Tour de France racing bike for Team Sky, Jaguar has extended its support to Team Sky by designing, engineering and building a bespoke F-TYPE Coupé high performance support vehicle for the team to use during Stage 20 of the race.
