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 […]
Compact and midsize sedans sales are falling fast. So are diesel sedan sales. Why not combine the two and do a compact diesel sedan? Chevrolet must have a good market for the diesel Cruze, since it’s been making them for quite some time. The 2019s get a 1.6 liter version, […]
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 […]
In an announcement sure to cause shockwaves throughout the automotive and investment communities, FCA and Ferrari have said they are under new management. Mike Manley, 54, head of the Jeep brand, will replace Sergio Marchionne as the interim CEO of Fiat Chrysler Automobiles, pending the board’s approval of Manley as […]
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 […]
The Ford Edge ST, a new and well-tuned version of their ordinary “SUV” (medium-sized hatchback), is Ford’s first performance crossover, coming long after many competitors. Ford claims a hefty 335 horsepower and 380 pound-feet of torque from their turbo V6. With that much power, all wheel drive is practically a requirement, […]
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 […]
Midsize sedan sales are down — but there are still buyers out there, and not all Ford, Chrysler, and Dodge owners are willing to move to crossovers. Chevy is taking advantage of that by updating the 2019 Chevrolet Malibu, which will have restyled fronts and rears along with three good […]
For many years before Fiat arrived, Chrysler’s brands were poorly defined and overlapped each other. Marchionne, who oversees seven different brands, immediately started working on clarifying them — with effects that took years to become apparent. There are easy brands — Ram makes pickups and commercial vehicles; Jeep sells crossovers and SUVs, […]
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