Sergio Marchionne declines to reveal potential partners or whether he is in discussions with other OEMs, but says financial analysts must play role in promoting the need for industry consolidation....More
Many of Korea’s millionaires are just a generation or two removed from the days when their families lived humbly, so the supercars are one way to make a show of their elevated socioeconomic status....More
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 Suzzara, Italy, plant gaining Daily LCV work....More
“VW tried to keep their leadership in the market by producing cars that are very safe, since Brazil has some of the deadliest roads in the world,” analyst Mauricio Muramoto says. “But Brazilians actually want better design. That is where the market is going.”...More
Climbing behind the wheel isn't exactly simple, but the interior of the Alfa Romeo 4C 2-seat coupe is largely worthwhile. The styling is emboldened by rich, red leather and contrast stitching, as well as the structural carbon fiber used for the tub. Test vehicle sticker price is $64,445, including about $10,000 in options.
No question, Ram's Promaster City Wagon, hailing from Europe as part of the Fiat linkup, is a compact cargo van in a growing segment. But this vehicle offers second-row seating for three occupants, making it a viable alternative for small-business owners who occasionally need to cart around the kids. Base price of $24,130 makes it compelling.
“The state is worried that with cars getting better and better mileage, it’ll collect less in fuel taxes to take care of the roads and bridges,” Nance tells husband Peter as she explains Oregon’s pay-per-mile road-funding scheme....More
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 average 12%....More
“We have sought to strike a balance between interactive fleet education, test driving and a contemporary fleet exhibition which features some of the latest developments, products and services in the fleet arena,” organizer Jerry Ramsdale says....More
More than 170,000 analysts, techies, executives, purchasing agents and company reps attended this year’s CES from around the world to learn what’s new and on the horizon. Some 3,500 companies exhibited, including TRW....More
A year that began with great optimism soured as months wore on, with sales deflating from a relatively robust 1.6 million units in March to a meager 739,263 in August, according to WardsAuto data....More
The knowledge gap already could be affecting sales of advanced-technology vehicles, which last year accounted for 3.5% of the nearly 17 million cars and trucks sold in the U.S., according to WardsAuto data....More
“Logically, Cadillac is not disconnected from GM,” the longtime luxury executive says. “The way we want to organize the business in the future is that Cadillac will own the entire process, all the things that touch Cadillac.”...More
Engineers and designers from ZF and the former TRW have been sharing notes, exchanging ideas and identifying best practices, and some of the resulting technologies will be ready for market in the near future....More