Business / Auto Global

Fiat shares could double in two years: Barron's

[2014-01-06 15:54]

Italian automaker Fiat SpA's shares could double in the next two years, financial weekly Barron's reported in its Jan 6 edition.

Schumi still critical as probe focuses on helmet camera

[2014-01-06 07:22]

Schumacher remains in a "critical but stable" condition, as French investigators hoped a helmet-mounted camera he was wearing could provide answers.

Family says Schumacher is a fighter who won't give up

[2014-01-04 07:41]

The family of Michael Schumacher described the Formula One legend as a fighter who "will not give up", as he turned 45 on Friday while lying comatose in a French hospital.

Fiat fails to open for excessive gains after Chrysler deal

[2014-01-03 14:32]

Shares in Fiat failed to open at start of trade in Milan on Thursday for excessive gains, the day after the Italian car maker agreed to buy the rest of its US unit Chrysler.

Hyundai, Kia face fading growth

[2014-01-03 14:16]

Hyundai Motor Co and Kia Motors Corp expect what will be their lowest annual sales growth since 2003 as the weak yen fires up Japanese rivals.

Fiat shares jump on Chrysler merger deal

[2014-01-03 14:15]

Fiat's $4.35 billion deal to gain full control of Chrysler Group LLC sent its shares to a near 2-1/2-year high on Thursday.

Italy: Fiat-Chrysler deal premise to investment

[2014-01-03 14:13]

Italy's industry minister said Fiat's gaining full control of Chrysler Group LLC was a premise for it to complete investments it had already planned inItaly.

Fisker seeks rejection of Chinese mainland suitor

[2014-01-03 14:10]

Fisker Automotive asked a federal judge to approve its proposed sale to a Hong Kong tycoon rather than a Chinese mainland suitor.

Marchionne's Fiat-Chrysler coup the beginning, not the end

[2014-01-03 14:08]

Fiat's deal to take full control of Chrysler has cemented CEO's dealmaking reputation, but he might run out of road to channel that drive into operational success for the business.

Schumacher, a blend of greatness and daring

[2014-01-03 07:44]

From a young driver with a delinquent temperament to the all-conquering 'Red Baron' of Formula One, Michael Schumacher has long been the undisputed king of the circuit.

Fisker founders, managers sued for misleading investor

[2014-01-02 13:28]

The founders and top managers of now-bankrupt Fisker Automotive never told potential investors that the green car startup lost access to federal funds.

Fiat strikes $4b deal to buy rest of Chrysler

[2014-01-02 10:56]

Italian carmaker Fiat SpA struck a $4.35 billion deal to gain full control of Chrysler Group LLC, ending more than a year of tense talks.

BMW, Toyota agree on joint sportscar platform

[2014-01-02 10:29]

Carmakers BMW and Toyota have agreed to develop a joint platform for sportscars, BMW's development chief Herbert Diess told a German newspaper.

Hertz adopts shareholder rights plan

[2014-01-02 10:27]

Hertz Global Holdings Inc said it adopted a shareholder rights plan as it had observed "unusual and substantial activity" in its shares.

Schumacher shows some signs of improvement

[2014-01-02 08:11]

Michael Schumacher underwent a second surgery after a brain scan showed small, "surprising" signs of improvement, but doctors said on Tuesday they could offer no insight into the prognosis for the seven-time Formula One world champion.

Schumacher's condition is 'stable'

[2014-01-01 18:42]

Former Formula One champion Michael Schumacher's condition is "stable", his agent Sabine Kehm told reporters outside the hospital.

Ski boss lauds helmet awareness after Schumi's injury

[2014-01-01 07:17]

Michael Schumacher's helmet almost certainly saved his life and leisure skiers should always wear head protection, said the man behind the main safety measures in alpine skiing.

German chancellor joins long list of well-wishers for 'schumi'

[2014-01-01 07:17]

Chancellor Angela Merkel joined sports legends and millions of Germans on Monday in expressing shock at Formula One great Michael Schumacher's skiing accident, as his family thanked well-wishers for their support.

Schumacher 'slightly better' after 2nd operation

[2013-12-31 19:03]

The medical condition of seven-times Formula One world champion Michael Schumacher is slightly better on Tuesday following a second operation.

Doctors give no prognosis for Schumacher

[2013-12-31 09:39]

Doctors offered a grim assessment of Michael Schumacher's head injuries Monday, providing no prognosis for the Formula One driving great after his skiing accident in the French Alps.

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