Fiat Chrysler Automobiles is turning the corner in Europe and may break even in the region at an operating level ahead of schedule as a focus on premium vehicles for export is starting to pay off.
“In 2015, we could break even at the operating level (in Europe),” CEO Sergio Marchionne said at the Detroit auto show in comments later confirmed by a spokesman.
General Motors chief executive Mary Barra predicted another strong year for US car sales on Thursday, forecasting that 2015 will prove to be the best year since 2001.
BMW Group expects its luxury car sales to increase in 2015, building on this year’s solid expansion, even as economic growth in core European markets stalls and geopolitical risks persist.
Rolls-Royce has opened the application process for its 2015 apprenticeship programme. The Chichester-based luxury car maker has 16 places available for applicants aged 16-24 and the programme will combine valuable on-the-job training with classroom-based studying.
PSA/Peugeot-Citroen is preparing to cut another 3,450 French jobs next year as the troubled carmaker pursues a recovery plan under new CEO Carlos Tavares, two sources with knowledge of the matter told Reuters.
