10 Updates

Fiat, Chrysler to sell over 4.3 mn cars in 2013

Source: Economic Times, Nov 15 2012, 6:52am CST

MILAN: Italian carmaker Fiat and its US unit Chrysler expect to sell just over 4.3 million vehicles next year, in line with revised targets announced last month, chief executive Sergio Marchionne said. In October, ...

Continue reading on: Economic Times

 
 
Update
10

41 minutes ago

Spark Me Up: 2014 Chevy Spark EV Starts at $27,495

Source: Car and Driver  |   May 23 2013, 1:45pm CDT

For all intents and purposes, automakers aren’t making a nickel from the few electric cars they sell. Fiat says it’s losing $10,000 on every 500E, and while General Motors disputes the Volt’s red ink—estimated at more than $40,000 ...

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Update
9

50 minutes ago

Chrysler calls out Tesla over 'unmistakably incorrect' statement on DOE repayment

Source: MLive.com  |   May 23 2013, 1:36pm CDT

Your weather is now set to . You can change this setting at any time. Want to set your local edition? Select your location for more focused local news coverage when you visit mlive. Don't worry. You can change this setting at any time to another local e ...

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Update
8

27 weeks ago


Quote:
"the Punto is in production, but I think ultimately the Fiat brand will end up being 500 or Panda based. Everything else is irrelevant."


Source: Economic Times

 
Update
7

55 minutes ago

Who repaid U.S. loan first? Chrysler, Tesla don't see eye to eye

Source: Reuters  |   May 23 2013, 1:31pm CDT

DETROIT May 23 (Reuters) - Chrysler Group LLC and Tesla Motors Inc, both led by media-savvy executives, are trading public jabs over the definition of payback. Tesla wired $452 million on Wednesday to repay the remaining portion of its U.S. D ...

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Update
6

1 hour ago

Really, Chrysler? Don’t Pick A Fight With Tesla Over Taxpayer Loans. You Will Lose.

Source: Forbes Blogs  |   May 23 2013, 1:26pm CDT

Chrysler Group, which is enjoying a nice rebound in the U.S. market, would be wise to stay focused on the road ahead rather than revisiting the circumstances of its 2009 government bailout. Not so fast, argues Chrysl ...

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Update
5

1 hour ago

Bad News for Auto Workers (& Families)

Source: AOL Small Business  |   May 23 2013, 12:41pm CDT

The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks. Ford Motor Co. said Wednesday that 21 of it ...

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Update
4

1 hour ago

Chevy Spark EV priced at $27,495

Source: FOX News  |   May 23 2013, 12:30pm CDT

The electric car price wars are in full swing. Chevrolet has announced that its upcoming Spark EV will be available for a three-year, $199 per month lease with $999 down, which matches Chrysler/Fiat’s deal for the bat ...

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Update
3

2 hours ago

Tesla Motors Inc (TSLA) CEO vs. Chrysler Group CEO

Source: Value Walk  |   May 23 2013, 12:17pm CDT

The government will make approximately $12 million from its $465 million loan to the electric car maker, according to Forbes. Elon Musk expressed his gratefulness to the government for its help in getting the Model S in the marke ...

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Update
2

2 hours ago

Chrysler Says Select Plants Won’t Take Summer Shutdown

Source: Automotive Fleet  |   May 23 2013, 12:01pm CDT

Chrysler said three of its plants will not be taking the traditional two-week summer shutdown in order to meet demand for the company’s products. These plants include Jefferson North and Conner Avenue, both in Detroit, and Toledo North, in Ohio. The comp ...

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Update
1

3 hours ago

UPDATE 1-U.S. new car sales seen up 6-8 pct in May -analysts

Source: Reuters  |   May 23 2013, 11:17am CDT

DETROIT May 23 (Reuters) - U.S. auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, t ...

Continue reading on: Reuters  More like this

 
 
 
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