by Paul A. Eisenstein | Jun 10, 2019
Fiat Chrysler will form an alliance with autonomous vehicle start-up Aurora to develop technology for commercial vehicles that could range from hands-free taxis to driverless delivery trucks. Aurora currently runs operations in Pittsburgh, Pennsylvania as well as San...
by Michael Strong | Jun 7, 2019
Despite the fact that automakers are selling fewer vehicles, they continue to make more money per sale because buyers are borrowing more and, as a result, paying more each month for those new vehicles. The average amount borrowed to buy a new vehicle hit a record...
by Paul A. Eisenstein | Jun 4, 2019
Renault’s board will meet on Tuesday afternoon to pore over the merger proposal offered late last month by Fiat Chrysler Automobiles and reports from Europe suggest the response will be a positive one. Should the French automaker signal its approval it would surprise...
by Joseph Szczesny | Jun 3, 2019
With Fiat Chrysler and Toyota leading the way, automakers surprised on the upside in May, posting modest sales increases for the month. FCA, where overall sales increased 2%, reported setting three records in May, led by the Ram brand which notched its 12th...
by Paul A. Eisenstein | May 29, 2019
During the coming months, Fiat Chrysler Automobiles and Groupe Renault will be putting an emphasis on due diligence, studying the potential pros and cons of the merger FCA formally proposed on Monday. Among other things, they’ll be looking at how their global...
by Michael Strong | May 28, 2019
President Donald Trump’s potential plan to implement new tariffs on inbound goods, such as autos and automotive components, claiming they represent a threat to the national security of the U.S. likely won’t survive a challenge with the World Trade Organization. Trump...
by Michael Strong | May 28, 2019
May is expected to see the continuation of falling monthly auto sales in the U.S. that the industry has seen for the first four months of the year with a decline of 2.1%, according a new estimate. Higher prices for new vehicles are largely to blame, according to...
by Michael Strong | May 23, 2019
With Memorial Day weekend coming, it’s no surprise to find out that experts are predicting that the roads will be packed with drivers trying to get from one family function to another. However, if some of those drivers are smart, they’re out taking advantage of new...
by Michael Strong | May 22, 2019
Less than a week ago, the world discovered that Uber, Lyft and other ride-hailing service vehicles are the dirtiest ways to get someone to drive you somewhere. Now it may also be that they are the least safe, according to a new study. Consumer Reports claims that one...
by Michael Strong | May 17, 2019
Seeking to secure Congressional approval of the U.S.-Mexico-Canada trade deal, or USMCA, U.S. negotiators secured tough new measures against Chinese steel by agreeing to lift tariffs on steel and aluminum from Mexico and China. The deal avoids quotas on steel from the...
by Michael Strong | May 16, 2019
President Donald Trump’s decision to delay any action on new auto tariffs related to national security gives automakers a chance to make some choices about how they’re going to deal with new tariffs if Trump elects to implement them down the road. Trump has six months...
by Michael Strong | May 16, 2019
Rental cars are often considered almost throw away items. We’ve all heard the old axiom: People will do things in a rental car that they won’t do in their own. According to new testing, that’s not true: ride-hailing vehicles – typically owned by the driver – are the...
