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Fiat 500e electric vehicle is perky and fun, and it comes with an HOV lane sticker
2016-04-15 22:50:40| Auto Dealers - Topix.net
Despite the growing appeal of the Tesla Models S and X, and excitement about a coming 200-mile-range Chevy Bolt, plug-in electric vehicles still account for a scant fraction of U.S. auto sales. Though March marked the biggest electric vehicle sales month in history, according to industry publication InsideEVs, those sales accounted for far less than 1% of all new vehicle sales - if you don't count plug-in hybrids that also have gasoline engines under the hood.
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Fiat Chrysler to cut 1,300 jobs in first layoff since 2009
2016-04-06 22:44:56| Auto Dealers - Topix.net
Fiat Chrysler will cut 1,300 jobs from a Detroit-area auto plant, the first permanent layoff at a U.S. auto plant since the crisis days of 2009. The workers losing their jobs at the Sterling Heights, Mich., plant build the Chrysler 200, a midsize sedan that hasn't fared well.
Fiat Chrysler to lay off 1,300 workers
2016-04-06 21:49:20| Automakers - Topix.net
Tumbling sales of Fiat Chrysler's main midsize car have driven the company to indefinitely lay off 1,300 employees at a Detroit-area factory. Workers on the second shift at Fiat Chrysler's assembly plant in Sterling Heights, Michigan, will be furloughed starting July 5 as the slow-selling Chrysler 200 has started to stack up on dealer lots.
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GM, Fiat Chrysler U.S. March auto sales miss expectations
2016-04-01 23:27:48| Auto Dealers - Topix.net
That means the industry could still meet analysts' U.S. sales expectations of 17.25 million vehicles for March on an annualized basis. Analysts polled by Reuters expected an increase in sales of about 7 percent from a year earlier.
Fiat Chrysler Is Super Cheap: Here's Why Investors Should Buy The Company
2016-03-31 13:09:50| Automakers - Topix.net
Fiat Chrysler may have been unduly sold on the back of short-term factors: broad-based emerging market selling, concerns of global automobile demand peaking, and adjustments to financials after the Ferrari. Shares are trading at less than 4x EV/EBIT.
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