Jan 15 (Reuters) – Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne told reporters in Detroit: * BELIEVES MAKES MORE SENSE TO USE CASH TO BUY BACK SHARES THAN TO PAY OUT DIVIDEND * WHEN ASKED ABOUT A POTENTIAL JEEP SPIN-OFF, SAYS SEPARATING BRANDS FROM THE GROUP IS A “COMPLEX MATTER”, WOULD NOT DISTANCE HIMSELF FROM… Continue reading BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends
Tag: FCA
Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
DETROIT, Jan. 15, 2018 /PRNewswire/ — Nexteer Automotive today introduced Digital Trace™ Manufacturing, one of the most advanced, holistic, integrative approaches to design and manufacturing systems ever seen in the auto industry. The system uses the latest technologies and data analytics within one common, global architecture. For customers, this will help deliver high-quality product performance while… Continue reading Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design
Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized
Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized
Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
Top Automotive Industry News for Week of January 8 – January 14, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 8, 2018 – January 14, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 Detroit Auto Show Preview: Here’s What to Expect (Car &… Continue reading Top Automotive Industry News for Week of January 8 – January 14, 2017
Fiat CEO Sees Room to Double Profit by 2022
Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne, one of the longest-serving bosses in the auto industry, said the company can double profit within five years by exploiting the potential of the Jeep brand. Sergio Marchionne Photographer: Chris Ratcliffe/Bloomberg With the offroad nameplate in position to grab as much as 20 percent of the… Continue reading Fiat CEO Sees Room to Double Profit by 2022
Hyundai Motor Company and Kia Motors to Introduce New Veloster and Forte for the Very First Time at Detroit Motor Show
‘2018 NAIAS (North American International Auto Show, Detroit Motor Show)’, which is the one of the five biggest motors shows in the world, had its opening on the 13th (U.S. time) in Detroit. This year’s motor show will be opened to media from the 14th until the 16th, will hold preview on the 17th and… Continue reading Hyundai Motor Company and Kia Motors to Introduce New Veloster and Forte for the Very First Time at Detroit Motor Show
Car hacking remains a very real threat as autos become ever more loaded with tech
CLOSE Should you be worried about a car being hacked? USA TODAY’s Jefferson Graham and Chris Woodyard break it down. Model cars run in a city miniature at the Elektrobit booth to show how software for highly automated driving works during CES 2018 on January 9, 2018 in Las Vegas, Nevada. (Photo: Alex Wong, Getty… Continue reading Car hacking remains a very real threat as autos become ever more loaded with tech
Ford unveils future Ranger pickup for segment rivals dominate
DETROIT (Reuters) – Ford Motor Co (F.N) on Sunday will officially take the wraps off its long-awaited Ranger midsize pickup truck, a year ahead of its arrival in showrooms, as rivals consolidate positions in a segment Detroit automakers once gave up for dead. Ford executives did not disclose prices or fuel efficiency ratings for the… Continue reading Ford unveils future Ranger pickup for segment rivals dominate
Detroit’s auto giants take fight to big tech as largest US car show kicks into gear
The Detroit auto show, where today’s reality will be on display. Photograph: Mark Blinch/Reuters Automotive industry Detroit’s auto giants take fight to big tech as largest US car show kicks into gear The North American International Auto show has been overshadowed by CES – but it’s decided to stick to what it does best: cars… Continue reading Detroit’s auto giants take fight to big tech as largest US car show kicks into gear