Automakers credit the uptick in profitability to restructuring efforts and the government’s ongoing scrappage program providing subsidies for new-vehicle purchases while retiring less-efficient vehicles.
At the core of CNH Industrial’s reorganization is the Iveco plant in Brescia, Italy, which assembles Eurocargo medium trucks. Sagging sales have left the facility with a surplus of workers to be assigned to the...
In both this and an earlier investigation a business-appraisal service was found to have used secret shoppers to monitor dealer compliance with the illegal agreements.
Latin American demand will be supplied for Daimler from the Renault Nissan Alliance plant in Cordoba, Argentina, where $600 million is being invested in retooling and modernization.
Facing sanctions in addition to the dealers is a market-research firm that used secret shoppers to solicit offers from individual dealerships, then report back to the cartel to determine whether members were upholding...
A survey of 250 dealers shows 60% financed most of the vehicles they sold in 2014, up from 45% in 2012. The practice was more common among high-volume dealers.
Sales jumped 30.4% from 2012 to 2014 under Luca Napolitano as the Fiat subsidiary’s Fiat, Fiat Professional, Lancia, Jeep and Alfa Romeo brands registered more than 36,000 units and outperformed the market an...
The automaker wants its Czech brand to more than double its market penetration over the long term. The new Fabia model, unveiled last year, is expected to be the big driver.
The Almussafes facility is the exclusive assembler of the new Ford Mondeo and Mondeo hybrid, as well as the Kuga, Transit Connect and Tourneo Connect for Europe. Exclusive production of new S-Max and Galaxy models...