Italian automaker Fiat SpA, which controls Chrysler, said Friday that it and subsidiaries will immediately halt sales to Iran, following similar moves by other carmakers under pressure to cut ties to Tehran over its disputed nuclear program.
Toyota is looking to emerging markets for growth, targeting 50 percent of its global vehicle sales in such countries by 2015, and rolling out eight compact models over the next few years.
Thursday, 24 May 2012 | Posted By:
| Source: CNBC.com
Chrysler CEO Sergio Marchionne, blunt in his assessment of how European leaders have handled their faltering economy, says Europeans need to stop complaining.
WASHINGTON (Reuters) - America's reliance on fuel imports has sucked vigor from its economy for decades. Now an oil and natural gas boom holds out the prospect for a new era of stronger U.S. economic growth.
(Reuters) - General Motors Co said on Thursday it is recalling 4,304 Chevrolet Malibu Eco cars sold in the United States to reprogram a module that controls airbag deployments.
BUSAN, South Korea (Reuters) - A top General Motors Co <GM.N> official said on Thursday the automaker has no plans to shift production from its factories in South Korea to Europe, where it recently announced a restructuring at its Opel subsidiary.
BUSAN, South Korea (Reuters) - U.S. carmaker General Motors <GM.N> has no plans to shift production from its factories in South Korea to Europe, where it recently announced a restructuring at its Opel subsidiary, transferring output from Germany to the UK.
SAN FRANCISCO (Reuters) - Facebook Inc <FB.O> is considering a stock-listing proposal put forward by the New York Stock Exchange, a source familiar with the situation told Reuters, in the wake of a disappointing initial public offering last week on the rival Nasdaq <NDAQ.O> bourse.
SAN FRANCISCO (Reuters) - Facebook <FB.O> is considering a stock-listing proposal put forward by the New York Stock Exchange, a source familiar with the situation told Reuters, in the wake of a disappointing initial public offering last week on the rival Nasdaq <NDAQ.O> bourse.
Posted By:William Dunkelberg, Chairman, Liberty Bell Bank CNBC Guest Blog
Although I strongly disagree with Jamie Dimon about the value of large banks, I am disturbed about the furor that has swelled up in Congress over the size of the loss.... Read More