This year's Geneva auto show highlights how automakers are increasingly pushing into new market niches as they seek to maximize showroom sales and profits. Ultraluxury niche models will debut alongside limited-edition supercars by Ferrari and McLaren.
European automakers are marking record achievements in the United States. Jesse Snyder, a former editor for Automotive News Europe, explores why in this segment from Automotive News TV's First Shift newscast on Feb. 26.
The auto industry's turnaround efforts will take longer to gain traction in Europe than in the United States, where some companies were able to see the positive results from their plans within a year, Visteon CEO Tim Leuliette said.
Sergio Marchionne, the CEO seeking to combine Chrysler and Fiat, predicted that Chrysler's future ownership structure won't be clear until the third quarter. He said his "best estimate" is that Fiat has a 50-50 chance of avoiding a Chrysler IPO and creating "one organization."
The new issue of the Automotive News Europe monthly e-magazine goes live on Monday, March 4. Our cover story examines Sergio Marchionne's multi-billion-euro bet that he can turn Alfa Romeo and Maserati into global sales powerhouses.