European car sales drop 8.7 percent in December – ACEA

MILAN, Jan 16 (Reuters) – European car registrations fell 8.7 percent year-on-year in December, with sales at all major carmakers except Daimler and Jaguar Land Rover contracting as the introduction of tougher new emissions tests continued to weigh on demand. Registrations fell to 1.04 million cars in the European Union (EU) and European Free Trade… Continue reading European car sales drop 8.7 percent in December – ACEA

Fiat Chrysler looking at options to plug hole in its truck lineup – CEO

FCA last year outlined plans to launch such a pickup – smaller than its current Ram 1500 model – by 2022. DETROIT: Fiat Chrysler Automobiles NV Chief Executive Mike Manley told Reuters on Tuesday he is open to partnerships to develop a new midsize pickup truck the automaker could sell in Latin America and other… Continue reading Fiat Chrysler looking at options to plug hole in its truck lineup – CEO

Fiat Chrysler looking at options to plug hole in its truck lineup -CEO

CEO of Fiat Chrysler Automobiles (FCA) Mike Manley attends the North American International Auto Show in Detroit, Michigan, U.S., January 14, 2019. REUTERS/Rebecca Cook DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) Chief Executive Mike Manley told Reuters on Tuesday he is open to partnerships to develop a new midsize pickup truck the automaker could… Continue reading Fiat Chrysler looking at options to plug hole in its truck lineup -CEO

Fiom criticizes Manley: “FCA exploits the problem of the ecobonus, which must be rethought anyway”

“The ecobonus has to be rethought, but the company uses it to hide the enormous delay accumulated compared to other manufacturers on hybrid or electric engines”. And again: “The investment plan was already insufficient in its original formulation”. Fiom Cgil uses the scalpel to affect a situation that, as regards FCA and in particular Turin… Continue reading Fiom criticizes Manley: “FCA exploits the problem of the ecobonus, which must be rethought anyway”

Ecobonus and FCA, here’s who risks: there are 5 models produced at Mirafiori and Grugliasco

If the battle against the Ecobonus is fought, at the moment, with slogans and statements (parade and response, depending on the interlocutor), how it translates, concretely, the tool of (dis) incentive that the government is studying for the automotive sector and that scares FCA so much? The fears that Mike Manley revealed yesterday speaking from… Continue reading Ecobonus and FCA, here’s who risks: there are 5 models produced at Mirafiori and Grugliasco

FCA and TAV, “The government decides intelligently and without ideologies”

“You go ahead with the TAV and the car world proceeds in an intelligent way and without ideologies that neglect the consequences”. Dario Gallina, president of the Industrial Union, uses words of firmness on two of the hottest topics for the Turin and Piedmont area. “Creating uncertainty is always a mistake”. “Apart from the umpteenth… Continue reading FCA and TAV, “The government decides intelligently and without ideologies”

FCA will add capacity, has no big plans to restructure, CEO says – Detroit Free Press

CLOSE Mike Manley talked at the North American International Auto Show about adding production capacity and why FCA will not restructure like Ford and GM. Eric D. Lawrence, Detroit Free Press Fiat Chrysler Automobiles does not plan the kind of restructuring expected to cut thousands of jobs at Ford and General Motors. Instead, the automaker intends to add… Continue reading FCA will add capacity, has no big plans to restructure, CEO says – Detroit Free Press

Details on FCA's new plant coming soon

Details on FCA's new plant coming soonDetroit — Fiat Chrysler needs to add capacity to build new Jeeps, CEO Mike Manley said at the Detroit auto show Monday. The automaker is expected this month to announce details about where it will add that capacity.
The Detroit News reported in December that Fiat Chrysler had plans to convert the idled Mack Avenue Engine II plant in Detroit into an assembly plant as part of the automaker's plans to add two new three-row Jeep SUVs to its lineup.
Manley did not say Monday where the automaker would add capacity to build the vehicles. He said that two new three-row SUVs — expected to be a full-size a Jeep Grand Cherokee and a large SUV likely the Wagoneer — will “require additional (plant) capacity and expanded capacity.”
It's expected Mack II will build one of the SUVs, likely the Grand Cherokee.
“I’m going to be making an announcement probably in the next two weeks of exactly where those vehicles are going to go, the levels of investment and the jobs they will generate,” Manley said.
Sources told The Detroit News in December that a revived Mack II building a three-row Grand Cherokee would generate 400 jobs. The automaker would shuffle its workforce to fill the remaining jobs needed to run a new product line at that plant.
The Mack Avenue Engine II, which has been idled since 2012, is expected to be used to build the Grand Cherokee for model year 2021, multiple sources familiar with the plans told The News in December. The move could add as many as 400 new auto jobs in the city.
The renovated Mack II facility would be the first new auto assembly line to open in Detroit in 27 years, potentially cushioning the blow of General Motors Co.'s plans to stop production of four sedans at its Detroit-Hamtramck assembly plant by June 1.
Fiat Chrysler needs to invest in a new assembly line to build the profitable SUVs that will raise cash to fund that future. Fiat Chrysler’s plant capacity utilization in November hit 92 percent in North America.
FCA's plans are the latest move by automakers before they begin to renegotiate their contracts with the United Auto Workers.
ithibodeau@detroitnews.com
Twitter: @Ian_Thibodeau
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Ultra Exclusive Hypercar Battle: Lykan Hypersport Vs Zenvo TS1 GT – Carscoops

If you actually have enough money so as to look at something like a modern Ferrari or Lamborghini but find them all too common, then you probably have your sights set on owning something that’s a lot more exclusive. Welcome to the world of boutique supercar makers, with residents such as Apollo, Pagani, Rimac and… Continue reading Ultra Exclusive Hypercar Battle: Lykan Hypersport Vs Zenvo TS1 GT – Carscoops

Ford debuts 700-horsepower ‘street-legal’ Mustang Shelby GT500

Ford unveils the all-new Shelby GT500, its most powerful street-legal car in history
7 Hours Ago | 01:03

Ford's new Mustang GT Shelby 500 is a 700-horsepower monster Ford says is the quickest street-legal Mustang in history.

The latest iteration of Ford's Shelby GT variant of the iconic Mustang pony car inherits the name of racer and engineer Carroll Shelby, who worked with Ford to design the first GT500 in 1967 — a car that now is considered a legend among American muscle cars.

The new version, which debuted at the Detroit auto show on Monday, goes from 0 to 60 miles per hour in the “mid-3 second” range, Ford said. It borrows technology from Ford's GT super car and the race-tuned Mustang GT4. It still has a lot of the creature comforts of a conventional car though, including a B&O sound system, power adjustable seats with optional suede fabric and SiriusXM radio. This is no family car, however. There is no rear seat, to reduce weight in the vehicle.

Ford Executive Vice President Jim Farley said he thought Carroll Shelby, who died in 2012, would love this Mustang more than any other.

Jonathan Ernst | Reuters
Members of the media look over the 2020 Ford Mustang Shelby GT500 after it was revealed at the North American International Auto Show in Detroit, Michigan, January 14, 2019.

The car is a big statement by a company that less than a year ago said it plans to all but stop selling cars in North America entirely over the next few years. If Ford follows through on those plans, the Mustang would be the last traditional passenger car in its lineup.

The GT500's massive 700-horsepower engine is perhaps meant to rival that of the 707-horsepower Dodge Challenger Hellcat, which has created lots of buzz for Dodge and Fiat Chrysler overall.

The GT500 is not meant to be a high-volume car, but it could prove quite valuable as a “halo” vehicle meant to draw buzz around the brand, said IHS Markit analyst Stephanie Brinley.

“The GT500 is essentially a street-to-track car for the Mustang, not entirely unlike the Challenger and Charger Hellcats,” she said. “So it is low volume, but big excitement. … It is clearly important to get people excited about your brand and about your vehicles in general, whether they buy a utility vehicle, a sedan, or a sports car. It does help to make a statement, as long as it fits with the brand.”

Source: Ford
2020 Mustang Shelby GT500