Fiat Chrysler Automobiles was facing an uncertain future even before the man who led its unlikely turnaround became gravely ill. After he became incapacitated from complications with a shoulder surgery, the company was forced to hastily replace Sergio Marchionne as chief executive over the weekend. Fiat Chrysler now must find a way to deal with… Continue reading Fiat Chrysler loses Sergio Marchionne with bumpy road
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Author: CNBC Online news
Fiat Chrysler’s Europe head resigns after Marchionne’s replacement named
Fiat Chrysler’s European chief is leaving the company after it promoted Mike Manley, head of the Jeep brand, to CEO.
General Motors jumps into peer-to-peer car sharing
Helen H. Richardson | The Denver Post | Getty Images A Chevy Volt and a GMC Acadia, parked on Little Raven Court, are available for car share through a new app from Maven in Denver. Looking to make money renting out your car or truck?
Auto industry legend CEO Sergio Marchionne dies at age 66
Former Fiat Chrysler (FCA) CEO Sergio Marchionne, who played a pivotal role in two corporate turnarounds, has died at the age of 66.
Harley-Davidson CEO rolls out expanded lineup of smaller bikes, calls Trump tweets ‘unfortunate attention’
The company is expanding its push overseas, particularly in India and China, and it’s launching its first electric motorcycle, LiveWire, next year with additional models through 2022. Harley is increasingly investing in production facilities overseas to avoid tariffs. In India, tariffs double the cost of a bike. Trump has criticized the company’s international investments. He… Continue reading Harley-Davidson CEO rolls out expanded lineup of smaller
bikes, calls Trump tweets ‘unfortunate attention’
UBS predicts Tesla shares will drop 30% in 12 months as company likely to raise capital
Tesla shares will fall significantly because the company will not be profitable in 2019, according to UBS.
GM owners can make money off their Buicks with Maven car-sharing service
SeongJoon Cho | Bloomberg | Getty Images Chevrolet Bolt electric vehicles (EV) stand on display during the press day of the Seoul Motor Show in Goyang, South Korea Traditionally, car-sharing services like Maven or Car2Go have to set up their own vehicle networks, which is a costly undertaking. Since it was established in 2016, Maven… Continue reading GM owners can make money off their Buicks with Maven
car-sharing service
General Motors is prepared to raise prices to offset commodity price jump
Raw materials are getting pricier for General Motors, and a new car could soon cost you more, too.
Tesla explains why it asked some suppliers for retroactive discounts
Tesla has responded to a report in the Wall Street Journal Sunday that the company asked a supplier last week to return a “meaningful amount of money of its payments since 2016.”
Automakers push back on EU tariff plan, saying there’s no evidence imports affect national security
Auto executives pushed back Thursday on the Trump administration’s proposal to dramatically raise tariffs on auto imports from the EU.