Ford CEO Jim Hackett was paid 276 times more in compensation last year than the median employee. Hackett's pay rose by about 10% while employee compensation rose by about 9.6%.
Auto sales in the European Union dropped in February for the sixth straight month. Among the EU's large economies, Germany was the volume sales leader and the U.K. was the laggard.
Fiat Chrysler is voluntarily recalling 863,000 vehicles to fix an emissions problem detected during in-use testing by the company and the U.S. EPA.
Paul Ausick Fiat Chrysler is planning to expand its footprint in Michigan, specifically Detroit. The automaker confirmed plans to invest a total of $4.5 billion in five of its existing Michigan plants
Chris Lange The Consumer Reports ranking of the best (and worst) car brands in America is among the gold standards of auto research.
Given how Fiat has done in automotive surveys recently, it is a mystery why its parent has not decided to exit the small car segment of the U.S. market as Ford and…
Douglas A. McIntyre Auto sales in Europe declined by 8.4% in December and full-year sales for 2018 rose by just 0.1% compared with 2017 sales.
Fiat sold fewer than 1,000 cars in December, begging the question whether it can ever be a success in the United States.
Douglas A. McIntyre New car sales in December were disappointingly lower for two of the U.S. Detroit Three automakers as were full-year sales. Yet analysts have set high price targets for the automakers. Is that…
Among the so-called Detroit Three automakers, Ford's F-Series pickup dominated full-year 2018 sales with more than 900,000 units sold. Ram displaced the Chevy Silverado as the second highest selling full-size pickup of…
Strong sales of both the Jeep and Ram brands pushed Fiat Chrysler's December sales up by 14% year over year and up 9% for the full year.
Paul Ausick European Union new car sales fell again in November, the third straight month for declining year-over-year sales. Volkswagen maintained is volume and market share lead last month.
Fiat Chrysler is expected next week to confirm reports that the company plans to retool and reopen a Detroit assembly plant to make new Jeep SUVs for the 2021 model year.
Paul Ausick OPEC continues to balance the extent to which it will cut production, Fiat Chrysler will open a factory in Detroit, and other important business headlines today.
Douglas A. McIntyre GM and Ford have each announced they will stop selling some of their car models in the United States. A brand made by Fiat Chrysler may well be next.
Douglas A. McIntyre 