Auto Industry News

Opel chief leaves following failed deal Friday, 6 Nov 2009

FRANKFURT (Reuters) - General Motors Co said on Friday the head of its European operations, Carl-Peter Forster, is leaving, three days after the automaker's decision to scrap a planned sale of its Opel unit. Full Article

Fiat CEO says time not right to list Auto unit Friday, 6 Nov 2009

ZURICH (Reuters) - Fiat boss Sergio Marchionne, on his way back from unveiling a new strategy for Chrysler in Detroit, ruled out listing Fiat Auto, an option Fiat considered earlier this year when it was hoping to take over carmaker Opel. Full Article

Chinese car sales dip in October but still robust Saturday, 7 Nov 2009

BEIJING (Reuters) - China, which overtook the United States as the world's No. 1 auto market in January, sold 923,154 cars last month, 79.6 percent more than a year earlier, state media reported on Saturday. Full Article