Tag: FCA

Gasoline Direct Injection Market worth $7.3 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 6, 2022 /PRNewswire/ — Gasoline Direct Injection Market is estimated to grow from USD 5.1 billion in 2022 to USD 7.3 billion by 2027 at a CAGR of 7.1% over the forecast period, over the forecast period, according to a new report by MarketsandMarkets™.  Browse and in-depth TOC on “Gasoline Direct Injection Market”  210 –… Continue reading Gasoline Direct Injection Market worth $7.3 billion by 2027 – Exclusive Report by MarketsandMarkets™

Lithia & Driveway (LAD) Acquires First Ferrari Store, Representing the Rocky Mountain Region

MEDFORD, Ore., Dec. 6, 2022 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) announced today they have expanded into Colorado, purchasing Ferrari of Denver, the Company’s first Ferrari store. Ferrari of Denver will specialize in personalized, in-home customer experiences covering the full ownership lifecycle. The only Ferrari location in the greater Rocky Mountains region, this store boasts… Continue reading Lithia & Driveway (LAD) Acquires First Ferrari Store, Representing the Rocky Mountain Region

Stellantis logistics crisis to blame for ‘disastrous’ November sales

As the UK car market celebrated a return to growth in November, Stellantis suffered a “disastrous” month in which new cars went missing amid a changeover in distribution systems. Registrations of the company’s Peugeot brand more than halved in November to just 2367 – not far off Porsche numbers. Meanwhile, Citroën sales were down 13%, Fiat was down 39%… Continue reading Stellantis logistics crisis to blame for ‘disastrous’ November sales

Stellantis COO Mark Stewart touts 30% break-even point in North America

Detroit — The chief operating officer in North America for the maker of Jeep SUVs and Ram trucks says the automaker’s break-even point is below 30% of revenue in the region. Stellantis NV CEO Carlos Tavares has emphasized the automaker’s goal to keep its overall break-even point below 50% to make the transition to a… Continue reading Stellantis COO Mark Stewart touts 30% break-even point in North America

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WASHINGTON, Dec 5 (Reuters) – United Auto Workers (UAW) President Ray Curry will face a run-off election against reform presidential candidate Shawn Fain, a court-appointed monitor said on Monday, after none of the five candidates captured a majority. Fain, who as a reform candidate wants the UAW to take a more confrontational approach in auto… Continue reading Untitled

German Handelsblatt: Young classics: Mercedes C-Class to VW Golf Cabrio – These cars will become classic cars in 2023005731

Über 650.000 Oldtimer mit amtlichen H-Kennzeichen fahren bereits auf Deutschlands Straßen, und die Begeisterung für diese mindestens 30 Jahre alten Autos ist ungebrochen, wie der Bestandszuwachs von zuletzt rund zehn Prozent pro Jahr zeigt. Klassische Autos faszinieren viele Menschen, Familien mit kleinem Budget ebenso wie wohlhabende Sammler. Schließlich sind die Neuwagen von einst ein Spiegel… Continue reading German Handelsblatt: Young classics: Mercedes C-Class to VW Golf Cabrio – These cars will become classic cars in 2023005731

Reformers take 6 of 14 UAW board seats, could win majority

The adversarial stance is likely to raise costs for General Motors, Ford and Stellantis, which almost certainly would be passed on to consumers. Reform-minded candidates won several races as members of the United Auto Workers union voted on their leaders in an election that stemmed from a federal bribery and embezzlement scandal involving former union… Continue reading Reformers take 6 of 14 UAW board seats, could win majority

UAW election results signal ‘discontent’ among members as reformers notch big wins

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY… Continue reading UAW election results signal ‘discontent’ among members as reformers notch big wins