The CEO of the car marker Fiat has recently made an interesting statement. Apparently, the crisis is having an important effect on the people from Fiat and they don’t want to take any chances. They have declared that they will take any measure necessary for the month of January, because they have no idea how [...]

BMW price increases, at the moment, only in America. In fact, the price increase will take place starting with 1st of January 2009. The people from BMW North America have considered a 0.7% increase in all of their prices as necessary. The reason is obvious for anyone: the global economic crisis is starting to affect [...]

BMW is taking one more crisis measure because they don’t want to risk anything in this period. In these times, you won’t realize how hard it is to make budget cuts and figure out which projects should be continued and which ones can be delayed. BMW and most automakers have to come up with solutions [...]