Automaker stocks are enduring their worst period since the financial crisis and the bankruptcies of General Motors and Chrysler. The selloff has been provoked by widening concerns about the COVID-19 coronavirus outbreak globally. GM, Ford, Fiat Chrysler Automobiles, Tesla, and Ferrari have all declined in the past week, calling into […]
The RAM 1500 pickup truck takes home the big trophy for 2019. It bested some serious competition, including the Lamborghini Urus, Nissan Leaf SL Plus, Cadillac XT4, Mercedes-Benz A220, and Porsche Cayenne, all of which were runners-up this year. In all, the RAM 1500 beat out 15 other finalists. We […]
The United Auto Workers union is using its improved contract with General Motors to boost conditions with other automakers, and Bank of America Merrill Lynch analysts said Fiat Chrysler faces the greatest risk of a prolonged strike. Of FCA’s UAW workforce, 59% are in-progression employees and 13% are temporary workers. […]
SUVs and pickup trucks continue to take an increasing percentage of the US vehicle market. According to data compiled by the automotive-research firm Kelley Blue Book, 17 of the 25 best-selling new vehicles in the US this year through June are SUVs or pickup trucks. Ford‘s F-Series took the top […]
Fiat Chrysler sank as much as 5.1% Tuesday after Goldman Sachs gave it a “sell” rating, erasing a month of gains as markets hit record highs. The investment bank set its price target at $US13.50 per share, implying a 8.5% downside from its current price of $US13.67. Goldman analysts cited […]
Waymo, Renault, and Nissan announced a plan to explore mobility services in France and Japan. Waymo has already joined with Fiat Chrysler Automobiles and Jaguar Land Rover. “This is an ideal opportunity for Waymo to bring our autonomous technology to a global stage, with an innovative partner,” Waymo CEO John […]
Fiat Chrysler and Renault are in advanced talks for a deal that would combine major segments of their businesses, according to a report Saturday by the Financial Times. A deal would help the carmakers tackle the slowdown in consumer demand for new cars. Fiat Chrysler may also join the Renault-Nissan-Mitsubishi […]
The 2018 Jeep Wrangler Rubicon is a serious off-roading machine. But can the trail warrior handle everyday life? The answer is that the Jeep Wrangler Rubicon isn’t interested in everyday life if there are trails to conquer. And if that’s your thing, you’ll be happy to spend $US48,000 on the […]
For 2018, automakers again posted near-record US sales. The 17.3 million total marked the fourth straight year in which the total has come in above 17 million – an unprecedented boom. The news was greeted, as it has been for several years, by a round of doomsaying about the future […]
Ford, GM, and Fiat Chrysler are expected to report solid revenues and profits – although GM and Ford could see declines from the second-quarter of 2017. FCA will have new CEO Mike Manley overseeing earnings after Sergio Marchionne fell ill. Both Ford and GM have set up separate self-driving car […]
The RAM full-size pickup is the perennial third-best-seller in the US, behind the FordF-150 and the Chevy Silverado. We spent a week with a well-appointed version of the truck. And we were mighty impressed with the RAM. We certainly live in a Golden Age for luxury pickup trucks, which are […]
Tesla could run out money before the end of 2018. FCA is flush with cash and has seen its stock surge in the past year. FCA CEO Sergio Marchionne has been on the lookout for partners and needs to play catch-up on electric vehicles. Tesla is in trouble. The 15-year […]
Ram debuted its new full-size pickup in Detroit. The new truck contains several innovations, including a large infotainment screen and a new hybrid drivetrain offering. It’s set to do battle this year with the Ford F-150 and the Chevy Silverado. DETROIT – At the 2018 Detroit auto show on Monday, […]
Morgan Stanley analyst Adam Jonas raised his...
Automakers are rapidly embracing an...
PROS: Suave styling; scads of space for people...
• Ferrari's booming stock price has led...