Tag: FCA

Italy approves guarantees for $7.1 billion loan to Fiat Chrysler

ROME (Reuters) – Italy has approved a decree offering state guarantees for a 6.3-billion euro ($7.1 billion) loan to Fiat Chrysler’s (FCA) (FCHA.MI) Italian unit, the Treasury said on Wednesday, paving the way for the largest crisis loan to a European carmaker. FILE PHOTO: A new Fiat 500 electric car is displayed at a Fiat… Continue reading Italy approves guarantees for $7.1 billion loan to Fiat Chrysler

@FCA: FCA Surges in J.D. Power Initial Quality Study

June 24, 2020 , Auburn Hills, Mich. – Dodge has made history with its performance in the 2020 J.D. Power Initial Quality Study (IQS). Dodge tied for the top spot among 31 competitors, becoming the first domestic brand ever to achieve a No. 1 ranking in the prestigious study’s 34-year run. FCA’s performance brand leaped seven places… Continue reading @FCA: FCA Surges in J.D. Power Initial Quality Study

@FCA: Chrysler Brand Practices Social Distancing in New Campaign for Chrysler Pacifica Starring Actress Kathryn Hahn

June 23, 2020 , Auburn Hills, Mich. – Chrysler brand and actress Kathryn Hahn join forces once again for the Chrysler Pacifica in a new “Pacifica Mom on Quarantine” social video campaign. In the campaign, Hahn (“Bad Moms,” “We’re The Millers”) uses the Chrysler Pacifica as her home away from home (when you can’t go anywhere… Continue reading @FCA: Chrysler Brand Practices Social Distancing in New Campaign for Chrysler Pacifica Starring Actress Kathryn Hahn

Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Brussels, 23 June 2020 – In the light of the major economic crisis facing the auto industry due to COVID-19, the European Automobile Manufacturers’ Association (ACEA) has radically revised its 2020 forecast for passenger car registrations down to about -25%. This effectively means that the industry association expects car sales in the European Union to… Continue reading Press Releases – EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA

Jaguar’s Radical Idea To Combat Slow-Selling XE And XF – CarBuzz

This proposal is receiving serious consideration. Jaguar has some big decisions to make in the coming year or so. Despite the fact Jaguar Land Rover recently received a financial lifeline, it’s not out of the woods yet. On the plus side, Land Rover remains solid with both sales and demand. But as a whole, JLR… Continue reading Jaguar’s Radical Idea To Combat Slow-Selling XE And XF – CarBuzz

BMW, Mercedes Benz end ‘long term’ automated driving alliance, for now

BMW Group and Mercedes-Benz AG have punted on what was meant to be a long term collaboration to develop next-generation automated driving technology together, less than a year after announcing the agreement. The German automakers called the break up “mutual and amicable” and have each agreed to concentrate on their existing development paths. Those new… Continue reading BMW, Mercedes Benz end ‘long term’ automated driving alliance, for now

Ford and Fiat Chrysler return to full production Monday

Ford Motor Co. will resume its full, pre-coronavirus production schedule in the U.S. on Monday, two weeks sooner than it had planned. When Fiat Chrysler Automobiles restarts its second shift at Belvidere Assembly in Illinois on Monday, it too will be back to regular production. And General Motors Co. said all of its truck and SUV plants are… Continue reading Ford and Fiat Chrysler return to full production Monday

Pentagon shuts Alfa and Jeep dealership in Doncaster

Pentagon Motor Group has closed its Alfa Romeo and Jeep Dealership at Wheatley Hall Road in Doncaster. The group said it had been impacted by the pandemic and the site was not viable in the current market. Pentagon Motor Group was established in March 1991 with one Vauxhall dealership at in Derby. Today, the business… Continue reading Pentagon shuts Alfa and Jeep dealership in Doncaster

Renault’s future CEO Luca de Meo sees a “challenge” in his recovery

A first appearance before taking official post. Former Seat brand executive Luca de Meo spoke for the first time at Renault’s general meeting on Friday (June 29th). In less than two weeks, on July 1, this Italian leader will become the new general manager of the three-color manufacturer, succeeding Clotilde Delbos who had so far… Continue reading Renault’s future CEO Luca de Meo sees a “challenge” in his recovery