Fiat Chrysler Sees May Industry Sales Flat to up 0.7 Percent
The U.S. auto industry will remain on track for the best sales year in a decade despite industry growth being flat to up 0.7 percent in May, Fiat Chrysler Automobiles (FCA) said on Tuesday, reports...
View ArticleLawyers Say Fiat Chrysler Misleading Public, NHTSA
Lawyers for the family of a 4-year-old killed in a gas tank fire in a Jeep accused Fiat Chrysler Automobiles NV of misleading the public and federal safety regulators, reports The Detroit News. Last...
View ArticleG.M. Chief Flatly Dismisses a Merger Overture From Fiat Chrysler
DETROIT — Mary T. Barra, the chief executive of General Motors, on Tuesday firmly rejected the idea that the company could benefit from a combination with a rival automaker like Fiat Chrysler...
View ArticleFerrari IPO Filing to Come in Days, Fiat Chrysler CEO Says
Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles NV, is close to filing for an initial public offering, Fiat Chrysler Chief Executive Officer Sergio Marchionne said, reports...
View ArticleDetroit Three, UAW Will Square Off Over Wages, U.S. Jobs
The Big Three U.S. automakers and the United Auto Workers union will kick off bargaining Monday for new contracts that would set how much more robust, post-recession profits the industry shares with...
View ArticleFiat Chrysler Profit Increases 69%, Most of It From North America
DETROIT — Fiat Chrysler Automobiles on Thursday reported a big gain in second-quarter profits and assured investors that its recent record-setting penalty for safety violations would not slow its...
View ArticleChrysler Posts a 3% Drop in Profit After $90 Million Fine
DETROIT — Fiat Chrysler Automobiles said on Wednesday that profits at its American subsidiary fell 3 percent in the second quarter, primarily because of a record civil penalty against the company for...
View Article2015 Auto Sales Set To Break Record
It looks like 2015 will go down as a year of record car sales in the U.S.A. The year’s sales are expected to shatter the previous annual record of 17.4 million vehicles, made in 2000. Automakers have...
View ArticleExclusive: U.S., Major Automakers to Announce Safety Accord Friday
The U.S. government and a group of global automakers are set to unveil a voluntary agreement at the Detroit auto show on Friday aimed at improving auto industry safety and spurring culture changes,...
View ArticleKBB: Average Transaction Price Climbs to Record High in December
IRVINE, Calif. — The estimated average transaction price for light vehicles in the United States reached an all-time record high of $35,309 in December, according to Kelley Blue Book (KBB). This...
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