Headlines for Saturday, March 17, 2012

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Fiat shouldn't only consider Italy when investing, prime minister says

March 17, 2012 16:19 CET
Fiat has the "right and duty" to pick investments, including their locations, without only considering Italian influence, Prime Minister Mario Monti said after meeting with CEO Sergio Marchionne.

Detroit discovers small is beautiful as compact buyers return

12:01 am U.S. ET | March 17, 2012
Small cars, once the Achilles' heel of U.S. automakers, are becoming a strength. Sales of the Chevy Cruze compact are up 10 percent this year, while Ford's Focus compact sales have soared 90 percent. After losing a generation of car buyers to Japanese automakers such as Toyota, U.S.


Alliance aims to boost election-year clout with PAC

12:01 am U.S. ET | March 17, 2012
The Alliance of Automobile Manufacturers is bulking up on political muscle just in time for the 2012 general election. The trade group, which represents 12 automakers including the Detroit 3, Volkswagen and Toyota, is setting up a political action committee, spokeswoman Gloria Bergquist said.

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