General Motors Co. doesn’t have to tell car owners they should park the 2.59 million vehicles it recalled over faulty ignition switches, a federal judge ruled, rejecting a bid for what would’ve been an unprecedented order.
Maserati will probably increase production and add the Alfieri sports car to its lineup after advance sales at the upscale Italian brand have almost tripled over 2013’s deliveries, people familiar with the matter said.
General Motors Co., Ford Motor Co., Toyota Motor Corp., Nissan Motor Co. and Chrysler Group LLC topped analysts’ estimates for March car sales as an end to two months of blizzards brought buyers back to showrooms.
Fiat SpA Chief Executive Officer Sergio Marchionne said the Italian automaker will have the potential to boost annual deliveries as much as 55 percent to 7 million vehicles following the merger with Chrysler Group LLC.
General Motors Co. joined Chrysler Group LLC and Nissan Motor Co. in beating analysts’ estimates for February U.S. sales while Ford Motor Co., Toyota Motor Corp. and Honda Motor Co. did worse than projected.
Fiat SpA Chief Executive Officer Sergio Marchionne predicted first-quarter earnings will rise amid “strong” industrywide demand this month in the U.S., the home market of the Italian carmaker’s Chrysler division.