Fiat Sales Fall by Almost Half in May
Fiat suffered a huge drop in sales in the United States last month, with a double-digit percentage drop in sales for every one of the cars in the model line.
Fiat suffered a huge drop in sales in the United States last month, with a double-digit percentage drop in sales for every one of the cars in the model line.
Ford's F-Series pickups sold more than 80,000 units in May, far ahead of the more than 46,000 Ram pickups sold. GM no longer reports sales monthly.
Fiat Chrysler sales rose 11% year over year in May, but analysts were looking for a gain of nearly 12%. Jeep sales soared and Ram sales turned around a two-month slide.
The new Star Wars movie performs poorly at the box office, Fiat Chrysler CEO to step down, Starbucks to close many of its stores for anti-bias training, and other important headlines.
The overall auto industry will be healthy in May, with the exception of Ford, according to the latest forecast from Cox Automotive.
Fiat Chrysler will recall 4.8 million Dodge, Chrysler, Jeep, and Ram vehicles to inspect and repair a software condition that could fail properly to disengage the cruise control.
U.S. automakers are not well represented on Kelley Blue Book’s latest list of the 10 coolest cars under $20,000 for 2018. Will that change?
The top analyst upgrades, downgrades and other research calls from Tuesday include DocuSign, Embraer, Goodyear Tire, Macy's, Micron, Raytheon and Smartsheet.
GM is offering full-size pickups for 2019 with inline four-cylinder engines that the company says are the equal of competing V6 engines and will be more fuel efficient.
New car sales in Europe rose nearly 10% year over year in April and sales for the first four months of 2018 are up nearly 3%.
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