Automotive industry company news
The Volkswagen group 'emissions scandal' rumbled on this week as more skeletons were rattled out of closets. There's bound to be a few more...
A highlight for me in the last week was a go in what Nissan UK bills its third generation Leaf - the 2016 update with an optional longer ran...
We'll permit ourselves a small 'told you so' this week after Jaguar Land Rover finally confirmed it would build the Range Rover Evoque in Brazil from early 2016, as well as the previously confirmed Land Rover Discovery Sport - which Our Man in Brazil first reported last May. JLR had said earlier it would only do 'new' models at the plant, but our sources said otherwise, and it makes sense to do the country's top selling JLR model locally as it (a) gets the price down, increases supply and frees up capacity at the Halewood, England, mother ship. And the high local content encouraged in Brazil allows local variation to suit market needs. JLR also now makes the Evoque at a joint venture in China (again, this gets the price down in a tax-protected market) and also assembles some models in India (ditto). All of which frees up UK capacity.
In the second and final part of this month's management briefing, we take a look at the stand out concepts, production cars and trends seen at the 2015 Frankfurt IAA motor show.
Sergio Marchionne has made no secret of his desire to see a merger of FCA with General Motors. Overtures to GM have, however, been rebuffed. Bill Cawthon considers Marchionne’s strategy and the merits – or not - of a proposed consolidation from GM’s vantage point.
Vehicle sales ended the first half of CY2015 down 11%, due mostly to a tax rise for Kei-models. Yet not every OEM is suffering. Mazda was up 47% in June, while multiple European brands are also enjoying high percentage gains.
Nexteer, the former GM Saginaw steering division, has flourished under the ownership of China-based Pacific Century Motors its owner since 2011. Calum MacRae caught up with Nexteer’s president and COO Laurent Bresson at the recent NAIAS.
Fiat's 500 family could be the template for future C or D segment models, Fiat global brand chief Olivier Francois has hinted in an interview with just-auto.
FCA Latin America has just opened its second development centre in Brazil in Recife, capital of the north-eastern state of Pernambuco, 70km/44miles from the group’s newest manufacturing plant in Goiana, where Jeep and Fiat products are made.
In 2015 the European car market totalled 14.2m new registrations, an increase of 9.3% over 2014 full year results; the highest since 2009. The market benefited from the last two months of double-digit growth with December setting the highest positive monthly change of the last three years at 1.16m units. Therefore, the last quarter volume increase was the highest of the year, standing at 10.2% more than in Q4 2014, representing 3.42m cars sold in total. The Seasonally Adjusted Annual Rate, SAAR, came in at 16.52m units.
Automakers recalled a record 51.26m vehicles in the US in 2015, continuing a historic surge for car companies facing an unprecedented government crackdown on safety lapses, a media report said.
Last year, 2015, new car registrations in Europe's Big Five markets passed the 10m units mark, increasing by 8.8% compared to 2014. All five markets posted positive growth with Germany leading the way with 3.2m units, up by 5.6%, although this was the lowest annual increase among the five countries.
Fiat Chrysler Automobiles has announced the separation of the Ferrari business from the FCA group was completed on Sunday, 3 January, 2016.
Fiat Chrysler Automobiles announced today that effective January 1, 2016, Richard Palmer is appointed Chief Operating Officer Systems and Castings reporting directly to Chief Executive Officer Sergio Marchionne.
European new car sales experienced a 27th consecutive month of growth during November 2015 with volume up 13.5% year on year, the second largest rise this year, according to analysts at JATO Dynamics. This followed a significant slowing of growth during October as a consequence of smaller increases in the 'Big Five' EU markets.
Fiat Brazil's drip-feed of details and images of its upcoming Toro pickup truck continues with the release of an 'official' rear view.
Fiat Chrysler Automobiles has started the process of separating Ferrari off as a separate company by forming a new holding company and issuing shares in that to FCA shareholders.
Ferrari has announced it has entered into a EUR2.5bn syndicated loan facility with a group of 10 bookrunner banks as it moves to become independent from FCA.
A narrow 'approve' vote at Ford over the weekend means the latest round of UAW labour talks is complete and new four-year agreements are in place at all three Detroit-based automakers.
Fiat Chrysler Automobiles has reported a third quarter loss of EUR299m compared to a net profit of EUR188m last year. The swing to loss mainly reflected one-off charges associated with US recalls.
The United Auto Workers union said on Thursday (22 October) 77% of voting members have ratified a four-year labour deal with Fiat Chrysler Automobiles.
Fiat Chrysler Automotive's subsidiary in Luxembourg, Fiat Chrysler Finance Europe, (FCF) is facing refunding tems of millions of euros after the European Commission ruled that selective tax advantages for the automaker in Luxembourg (and coffee house chain Starbucks in the Netherlands) were "illegal under EU state aid rules".
In a move clearly made to counter Renault’s (Dacia) Duster Oroch four-door compact pick-up truck introduction two weeks ago, FCA Latin America released the first official photo of Fiat's first ever, medium-size, four-door, crew cab pick-up named Toro. Launch has been delayed and it is now due late in the first quarter of 2016.
About to IPO Ferrari plans to ramp up annual production by 30% to 9,000 vehicles by 2019.
FCA's Fiat has revived the Tipo nameplate for the three-box sedan revealed in May at the Istanbul Motor Show as the first chapter of its 'Fiat Ægea' Project. Sales of the car will start in Italy in December and be gradually extended to the other EMEA region countries, though not the UK, as we reported last week. The Tipo badge will be used in all markets except Turkey.
Magna International has announced that its powertrain manufacturing facility in Benevento, Italy, has reached a significant milestone: 5m oil pumps produced for the Fiat 1.4-litre engine since starting production in 2005.
Fiat Chrysler Automobiles (FCA) and the United Auto Workers (UAW) have reached a new tentative four-year labour agreement that avoided a threatened strike at the automaker's US operations. The agreement must be ratified by a vote of FCA's 40,000 union workers in the US.
Fiat Chrysler reportedly plans to temporarily stop manufacturing the Maserati Quattroporte and Ghibli at its Grugliasco plant in Turin, in order to adjust output to market demand.
United Auto Workers members are planning to strike at Fiat Chrysler Automobiles US plants as soon as this evening (7 October) in what Reuters said would be the first work stoppage since 2007.
Fiat Chrysler Automobiles has named Mike Manley head of the Ram trucks brand on top of his current roles as APAC (Asia-Pacific) chief operating officer and head of Jeep. It's one of a number of changes "in the composition of and assignment of responsibilities within [FCA's] group executive council, designed to ensure proper representation of all of the group's major brands", the automaker said in a statement.
I was at an industry conference a few days ago and the usual 'megatrends' were present in a number of presentations (typical buzz words and terms: 'urbanisation', 'megacities', 'digitisation', 'connectivity', 'autonomous', 'sharing economy', 'disruptors', 'new mobility' - you get the picture).
The Fiat 500 – car or fashion accessory? At the launch of the updated model this week there was plenty of evidence to suggest it's more the latter than the former.
Fiat S.p.A. - Mergers & Acquisitions (M&A), Partnerships & A
MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
Fiat SpA (Italy)
This report presents quick facts about Fiat SpA, which is principally involved in the Manufacture and Distribution of Automobiles....
Fiat Chrysler Automobiles N.V. (Italy)
This report presents quick facts about Fiat Chrysler Automobiles N.V., which is principally involved in the Manufacture and Distribution of Automobiles....
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- 2016 Delhi Auto Expo - world premieres list
- Toyota to axe Scion youth brand