Fiat Chrysler announced this morning that long-time CEO Sergio Marchionne had died and then posted second-quarter results that were well below expectations. The automaker also cut revenue and profit guidance.
Paul Ausick Sergio Marchionne, who headed Fiat and later Fiat Chrysler for the past 14 years, has died at the age of 66.
Paul Ausick The market for the Tesla Model 3 may be shrinking, Fiat Chrysler has a quick CEO change, Mondelez has a Salmonella problem, and other important business headlines.
As it became clear that the great but ailing CEO Sergio Marchionne would not return to the Italy based company he saved and built–Fiat Chrysler Automobiles NV (NYSE: FCAU)–the board named the…
Douglas A. McIntyre Sergio Marchionne, CEO of Fiat Chrysler and Ferrari, will not return to his posts following a lengthy hospital stay. Both firms are controlled by the Agnelli family and replacements are expected to…
Paul Ausick New car registrations in the European Union rose 5.2% year over year in June and are 2.9% higher for the first half of 2018. Volkswagen widened its lead as the top-seller.
The top analyst upgrades, downgrades and other research calls from Thursday include Allergan, Cheniere Energy, Clean Energy, Facebook, Fiat Chrysler, Intel and NetApp.
The Fiat division of Fiat Chrysler Automobiles NV, continues to post a sharp drop in sales, begging the question of why the brand is sold in the U.S. at all. In June…
Douglas A. McIntyre Ford continues to dominate U.S. full-size pickup truck sales. The company sold more than 450,000 F-Series pickups in the first half of 2018.
June sales at Fiat Chrysler rose 8% year over year and sales of Jeep and Ram brand vehicles posted their best-ever June sales level.
Paul Ausick General Motors Co.’s (NYSE: GM) Chevy, in the midst of a full-sized pickup war with Ford Motor Co. (NYSE: F) and Fiat Chrysler Automobiles N.V. (NYSE: FCAU), has cut the price of…
Tesla to shutter part of its solar business, Fiat Chrysler tops a list of car recalls, America's largest banks pass Fed stress tests, and other important headlines.
Initial quality for new cars purchased rose for a fourth consecutive year in 2018 to an all-time industry-average high.
After a blistering gain in April, European Union auto sales cooled off sharply in May. Sales volume rose by less than 1% even though automakers sold more units during the month.
When Tesla's Model 3 failed to earn a recommendation from Consumer Reports, the automaker pushed out a software fix within a week that satisfied the magazine testers' requirement. There's a hidden meaning…
