Toyota Camry, Honda Civic inventories rise, report says

September 11th, 2014|Categories: Automakers, Manufacturing, Production|Tags: , , |

The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said. Toyota's Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more [...]

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Fiat exercises option to buy additional 3.3% of Chrysler shares

September 10th, 2014|Categories: Automakers, Manufacturing, Production|Tags: , , , , |

Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent. The move is part of CEO Sergio Marchionne's step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen. Fiat has [...]

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