Washington D.C. (Oct. 2, 2014)
Filed under: Chrysler , Infiniti , Mazda , Toyota , Earnings/Financials , Fiat Chrysler will still be largely run out of its headquarters in Auburn Hills, MI, and Fiat will be based in Turin, Italy. Americans and Italians worried that two of their nation’s industrial icons – Chrysler and Fiat – are merging into a British/Dutch corporation with a blurred identity can rest a bit easier, even as an initial public stock offering looms as early as October. Chrysler will still be run mostly out of its headquarters in Auburn Hills, MI, and Fiat will be based in Turin, Italy. “Operationally, day-to-day operations will sit where they sit today,” Fiat Chrysler Automobiles CEO Sergio Marchionne said during an earnings announcement earlier this summer. The company will be incorporated in the Netherlands for tax purposes, and the board will meet in London, where unspecified parts of the firm’s “decision-making process” will take place. “Operationally, London will hold nothing, other than the decision-making process of FCA, meetings of the group executive council and some of the senior leaders will be residing there,” Marchionne said. Specifically, Richard Palmer, FCA’s chief financial officer and a native of Bath, England, will move to London. Still, Marchionne stressed the company’s move to London is more than symbolic, even if some functions are still unclear. “It’s a pretty permanent rooting of the organization in London in order to make sure that the machine runs,” he said. Continue reading Weekly Recap: Despite merger, Fiat and Chrysler will maintain local roots as stock offering looms Weekly Recap: Despite merger, Fiat and Chrysler will maintain local roots as stock offering looms originally appeared on Autoblog on Sat, 06 Sep 2014 11:00:00 EST.
COSTA MESA, Calif. (Jan. 9, 2014) –
Darryl ‘DMC’ McDaniels Helps Deliver First Vehicle As 100 Cars For Good Concludes Third Powerful Year
TORRANCE, Calif., (Nov. 26, 2013) –
TORRANCE, Calif., (Nov. 15, 2013) – During his 16 years as President and Chief Executive Officer of Toyota Financial Services USA, George Borst demonstrated an unwavering commitment to developing strong female leaders across the organization.
TORRANCE, Calif. (Oct. 1, 2013)
Toyota Donates Meals To New Yorkers in Need for Each Viewing of Online Film, Up to Half A Million Meals
New York, New York, June 21, 2013 – Today, Toyota announced it would donate up to half a million meals to Food Bank For New York City based on viewings of a short, online documentary about Meals Per Hour , a partnership to help residents in the Far Rockaways who were severely impacted by Superstorm Sandy.
Boys & Girls Clubs of America Receives $464,425 Contribution from Toyota Financial Services, ADESA, Manheim and Norwalk Auto Auctions
TORRANCE, Calif., Feb. 1, 2013 – Toyota Financial Services (TFS) has partnered with three auto remarketing firms, ADESA, Manheim and Norwalk Auto Auctions to provide a donation of $464,425 to Boys & Girls Clubs of America that will be divided equally among 19 local Boys & Girls Clubs currently running Diplomas to Degrees (d2D), the organization’s college readiness program.
Filed under: Convertible , Sedan , Japan , Crossover , BMW , Land Rover , Mazda , Scion , Subaru , Toyota , Luxury The Mazda CX-5 stamped its Kodo design and SkyActiv technology authority all over the Japan Car of the Year awards, taking the top prize ahead of the Subaru BRZ / Toyota GT 86 . It is Mazda’s second victory in the last ten years, the 2005 MX-5 claiming the same trophy, and the fourth time the Hiroshima company has won. The award is decided by 60 local “automotive experts and journalists,” and open to any passenger car released in Japan from November 1, 2011 to October 31, 2012 that has sold more than 500 units. Each judge gets 25 votes, his or her top vote getting 10 points, the rest of the points being spread among the judge’s choice for the next best four cars. The second-place getters were the Toyobaru twins with 318 votes, the surprise being they didn’t beat or get any closer to the crossover. The Subaru BRZ did claw some mojo back, earning the Special Award given to cars that have made “an exceptional impact.” The BMW 3 Series was third overall and won the Import Car of the Year award with plenty of room between it and the second place Range Rover Evoque . The full list of winners is below , along with press releases from the organization and the manufacturers. Congratulations to Mazda on the win. Continue reading Mazda CX-5 named Japan’s Car of The Year, Subaru BR-Z wins “Special Award” Mazda CX-5 named Japan’s Car of The Year, Subaru BR-Z wins “Special Award” originally appeared on Autoblog on Mon, 03 Dec 2012 10:33:00 EST. Please see our terms for use of feeds .