Remember Genesis, Hyundai’s luxury-challenger brand that was going to wipe the floor with all the other large cars, especially that old Chrysler 300C? Without a crossover in the lineup, Genesis has been plummeting in US sales. This July, for example, they sold just 615 Genesis car, down 63% from last […]
Congratulations, Mr. Manley — or is it Mike? — on taking over Fiat Chrysler. I admit I don’t know you well, since we met just once (you didn’t seem impressed; I guess my digital recorder exploding didn’t help). It’s clear you’re driven by both customers and business issues, and that […]
Sergio Marchionne is gone. The larger-than-life architect of Fiat Chrysler Automobiles died today at the age of 66. In a statement released this morning, John Elkann, FCA’s chairman and the chairman and CEO of Exor, the Agnelli family holding company, said: “Unfortunately, what we feared has come to pass. Sergio […]
The Italian press is reporting that former FCA and Ferrari CEO Sergio Marchionne has been in a coma since Friday. Il Stampa noted that its sources say Marchionne’s condition is irreversible and that he is breathing with a ventilator. Marchionne is currently in the intensive care unit at the University […]
It was all the rage, decades ago — automakers splitting off their parts units, seeking both higher efficiency (since the parts division now had to compete, and report on a separate P&L) and greater sales to other automakers. Delco, Acustar, and Autolite joined Denso in having a large degree of […]
Volkswagen Group had a stunning 8% increase in sales in the first half of 2018, which is all the more impressive since the company dominates European sales, with a 24% EU market share. (In this article “European” refers only to members of the European Union. The numbers are similar when […]
For years, Mopar fans have been asking why Dodge doesn’t make a two-door Charger, (and other fans have answered, “They do, it’s called the Challenger!”). According to Australia’s carsales.com, FCA may actually bring back the two-door Charger, but with a catch: it would actually be a rebadged Challenger, sold only […]
Car and truck sales in the United States were quite good last month, with new models and heavy discounting bringing an industry-wide 5.2% gain in volume — bringing the year’s gains, over six months, to 2%. One of the big winners was Fiat Chrysler, with an 8% overall gain and […]
Chevrolet, America’s #2 pickup brand, and Ram, the #3 brand, are attacking the same problem in different ways — how to get more cash from luxury-truck buyers without giving up on cash-strapped entry-level buyers. At GM, the 2019 Chevrolet Silverado will cost the same as the 2018, and will likely […]
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