CLOSE Autoplay Show Thumbnails Show Captions Last SlideNext Slide When Carlos Tavares was talking about the way brands carry passion after Fiat Chrysler Automobiles and the maker of Peugeot moved closer to a merger on Wednesday, he could have been talking about Alfa Romeo. The FCA brand with the racing heritage, heart-pounding driving experience and… Continue reading Fiat Chrysler’s grand plans for Alfa Romeo have dimmed. Here’s why
Category: US Motoring Press
Next Jeep redesign could happen more quickly
CLOSE The 2018 Jeep Wrangler, a new version of the off-road classic, was revealed at the Los Angeles Auto Show in 2017. The vehicle was big news at the time because it had been many years since a new Wrangler had been revealed. Fiat Chrysler hopes a streamlined product development process helps it bring new… Continue reading Next Jeep redesign could happen more quickly
BMW Is Under S.E.C. Investigation
BMW Group, the German car manufacturer, faces an investigation in the United States by the Securities and Exchange Commission, the company said Monday. The inquiry is focusing on the company’s sales practices, and the commission contacted BMW within the last month, said a person briefed on the matter but not authorized to speak publicly about… Continue reading BMW Is Under S.E.C. Investigation
Sears sells DieHard brand to Advance Auto for $200 million
Joseph Pisani, Associated Press Published 2:50 p.m. ET Dec. 23, 2019 | Updated 2:54 p.m. ET Dec. 23, 2019 New York – Sears has sold the DieHard car battery brand as the struggling retailer continues to shed assets to raise cash. The company, created by Sears in 1967, was acquired by Advance Auto Parts for… Continue reading Sears sells DieHard brand to Advance Auto for $200 million
Amazon’s van-buying spree delivers a gift to auto industry
Gabrielle Coppola, Bloomberg News Published 7:14 p.m. ET Dec. 20, 2019 The Amazon.com Inc. vans parked outside apartment buildings and along suburban cul de sacs aren’t just bearing gifts to online shoppers this holiday season. The e-commerce giant’s home-delivery push has been a boon to automakers, too. Amazon announced the order of 100,000 electric delivery… Continue reading Amazon’s van-buying spree delivers a gift to auto industry
GM investing $1.5B for production of next-generation Colorado and Canyon
Detroit — General Motors Co. will invest $1.5 billion to build its next generation of mid-size pickups, the automaker announced Friday. A $1 billion investment at GM’s Wentzville, Missouri, plant where the Chevrolet Colorado and GMC Canyon are built will retain about 4,000 jobs. Another $500 million will be spent on supplier tooling for the new trucks. GM did… Continue reading GM investing $1.5B for production of next-generation Colorado and Canyon
Supercar maker McLaren to skip electric vehicles. Here’s why — and what it will build instead.
CLOSE Prices for the McLaren 720S Spider start at $315,000. This one cost about $411,000. (Photo: Mark Phelan) Brands from Ford to Porsche are all-in on electric vehicles, but don’t expect a battery-powered model from exotic sports car maker McLaren Automotive anytime soon. “Technology doesn’t allow for a great EV sports car today, largely because… Continue reading Supercar maker McLaren to skip electric vehicles. Here’s why — and what it will build instead.
Cadillac to be mostly, if not all, electric by 2030
Detroit — By 2030, General Motors Co. expects the majority, if not all, of its Cadillac brand’s sales will be electric. That means that by the close of the decade there could be no more internal-combustion Cadillacs, depending on how quickly consumers adapt to their electric versions. By 2030, General Motors Co. expects the majority, if not all, of its Cadillac brand’s sales will… Continue reading Cadillac to be mostly, if not all, electric by 2030
UAW workers ratify labor contract with Fiat Chrysler; bargaining ends for 2019
CLOSE Fiat Chrysler Automobiles workers have approved a new four-year labor contract, officially bring to a close 2019 contract bargaining between the UAW and Detroit Three. (Photo: Kimberly P. Mitchell, Detroit Free Press) Fiat Chrysler Automobiles workers have a new labor contract. Almost five months after talks officially launched with ceremonial handshakes between the UAW… Continue reading UAW workers ratify labor contract with Fiat Chrysler; bargaining ends for 2019
Barra confirms electric pickup plan, is vague about hiring at Detroit-Hamtramck plant
CLOSE GM CEO Mary Barra speaks with guests before the event to reveal the Chevrolet Suburban and Tahoe at the Little Caesars Arena in downtown Detroit, Tuesday, Dec. 10, 2019. (Photo: Junfu Han, Detroit Free Press) General Motors will build an electric pickup for sale in the fall of 2021 at its Detroit-Hamtramck plant, CEO… Continue reading Barra confirms electric pickup plan, is vague about hiring at Detroit-Hamtramck plant