author: FutureCar Staff The Belvidere assembly plant in Illinois began producing Chrysler vehicles in 1965. Automaker Stellantis, which is the parent company of the Chrysler Jeep, Dodge and Ram, announced on Friday it will indefinitely halt production at its assembly plant in Belvidere, Illinois on February 28, 2023. The automaker has no formal plans… Continue reading Stellantis to Idle its Illinois Assembly Plant Indefinitely, Citing the High Costs of Electric Vehicles – FutureCar
Tag: FCA
This Formula 1 Season Was All Max Verstappen and Red Bull
Red Bull’s near-perfect season was marred in late October when it was punished for breaching the cost cap for 2021. Teams were allowed a budget of $145 million that season; Red Bull exceeded it by nearly $2 million. It was fined $7 million by the F.I.A., the sport’s governing body, and hit with a 10… Continue reading This Formula 1 Season Was All Max Verstappen and Red Bull
Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs
2016 Jeep Cherokee Sport Source: Jeep DETROIT – Stellantis said Friday that it plans to indefinitely idle a Jeep plant in Illinois, starting early next year, to cut costs as it invests in electric vehicles. The transatlantic automaker, formerly known as Fiat Chrysler, said the plant will cease production as of Feb. 28. The more… Continue reading Stellantis to indefinitely idle Jeep plant, lay off workers to cut costs for EVs
Last Ford GT pays homage to ’67 Le Mans winner with 800 horsepower
Ford unveiled the last model of its third-generation GT supercar Friday and it’s a track-only, 800-pound predator that plays homage to the 1967 Le Mans-winning, Ferrari-stomping GT Mk IV. Merry Christmas. Act fast, though, because Santa will only deliver 67 of these toys in keeping with the 1967 heritage. The 2023 GT Mk IV is… Continue reading Last Ford GT pays homage to ’67 Le Mans winner with 800 horsepower
@FCA: Stellantis Spotlight Wraps the Week
December 9, 2022 , Auburn Hills, Mich. – “Stellantis Spotlight” is a weekly recap of some of the major stories at Stellantis. The top stories for the week ending December 9, 2022, include Grand Wagoneer tech honored, Jeep® ad recognized and Stellantis speaks at AWS conference. Go to Source
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DETROIT/WASHINGTON, Dec 9 (Reuters) – Chrysler parent Stellantis (STLA.MI) on Friday said it will indefinitely halt operations at an assembly plant in Illinois in February, citing the rising costs to shift to electric vehicles. The Italian-American automaker, which employs about 1,350 workers at the Belvidere, Illinois, plant that builds the Jeep Cherokee SUV, said the… Continue reading Untitled
Lexus could save the stick shift for EVs, if drivers are willing to pretend
/ The Japanese automaker is reportedly working on a manual transmission for electric cars. Will the stick-obsessed be willing to play make-believe? By Patrick George Share this story Image: Ferrari The manual transmission, once a staple of base trim economy cars and high-end sports cars alike, has been in decline for years now. But for… Continue reading Lexus could save the stick shift for EVs, if drivers are willing to pretend
Renault Group CEO Luca de Meo elected ACEA President for 2023
The Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Luca de Meo, CEO of Renault Group as its President for 2023. As of 1 January, Mr de Meo will take over the presidency from BMW’s CEO, Oliver Zipse, who has held the position for the last two years. ACEA’s outgoing President,… Continue reading Renault Group CEO Luca de Meo elected ACEA President for 2023
Vertu Motors acquires South West based Helston Garages Group
Vertu Motors has acquired Helston Garages Group for of £120.1m. The acquisition includes 28 franchised sales outlets, adding significant scale and geographic coverage to the Vertu’s existing footprint of 160 franchised outlets. In the year ended 31 December 2021, the acquired dealerships generated revenues of £498.9m. Vertu said that the acquisition is a continuation of… Continue reading Vertu Motors acquires South West based Helston Garages Group
@FCA: Free2move to Share 2030 Vision for Mobility at CES
December 8, 2022 , Las Vegas – Free2move, the mobility leader driven to empower customers with new ways to access vehicles, has announced its participation in CES 2023. Dedicated to maximizing the customer experience, Free2move will share its 2030 mobility vision. Moving a customer is a great responsibility. Mobility needs are changing fast, making the shared vehicle… Continue reading @FCA: Free2move to Share 2030 Vision for Mobility at CES