Category: Alliances

By on April 25, 2016

2015 Dodge Journey Crossroad

The Dodge Journey often finds itself the butt of jokes and scornful taunts, like here, or here, but all laughs fade away eventually, and besides, Fiat-Chrysler’s archaic crossover is due for a platform swap this fall.

Not so fast.

An anonymous FCA source just told Automotive News that the Journey won’t shed its dated platform as planned, and might soldier on with its old bones for another two years — at least. Read More >

By on April 24, 2016

sergio-marchionne

Sergio Marchionne, CEO of Fiat Chrysler Automobiles, could shed light on the company’s uncertain future this Tuesday when the company reports earnings. However, as the Detroit Free Press reports, Marchionne may not take the opportunity to clear the air, which would leave employees at FCA plants wondering about their futures for months to come.

The sweatered one has already stated in no uncertain terms that the Chrysler 200 and Dodge Dart will get the axe. Just when that will happen, and what product will fill freed-up plant capacity and dealer lots, remains a guessing game.

Read More >

By on April 18, 2016

2017-Audi-R8-V10-Plus-10

Despite sharing the comfort of a corporate umbrella, it seems that two standoffish German luxury makes are now pushing the beds together.

According to the German publication Autobild (via Autoguide), Audi is tapping Porsche’s expertise to develop a new performance vehicle, designed to occupy the vast gap between the TT and R8 supercar. Read More >

By on April 18, 2016

Carlos Ghosn

The Russian automaker that manufactures Lada vehicles won’t see Carlos Ghosn at its board meetings after this June.

The Renault-Nissan CEO and chairman is expected to be replaced as chairman of AvtoVAZ at the company’s June 23 shareholders meeting, the automaker has stated, with Dr. Serguey Skvortsov taking his place.

Ghosn remains the chairman of Alliance Rostec Auto BV, the holding company that controls AvtoVAZ. Renault-Nissan bought a majority stake in the company, which is a joint venture with Russian Technologies, in 2012. Read More >

By on April 16, 2016

JD Power

J.D. Power and Associates is planning to put more of your possessions under the microscope, now that they’ve taken on new ownership in a deal worth $1.1 billion.

Best known for its vehicle quality ratings, J.D. Power, a unit of McGraw Hill Financial Inc., was snapped up yesterday by London-based XIO Group, according to Reuters (via Automotive News).

The investment firm muscled out a competing private equity firm to land the cash deal, which is expected to close in the third quarter of this year. XIO Group has a strong footprint in China, where it is linked to many high-powered investors. Read More >

By on April 15, 2016

Tesla Model 3 Prototype on road, Image: Tesla Motors

Orders of the life changing, marriage-saving Tesla Model 3 are poised to hit 400,000, but Fiat Chrysler Automobiles CEO Sergio Marchionne doesn’t think they’ve got the right stuff.

Diarmuid O’Connell, Tesla’s vice-president of business development, confirmed the number of orders at an electric vehicle conference in Amsterdam yesterday, two weeks after the low-priced model’s glitzy unveiling, Electrek has reported. Read More >

By on April 14, 2016

Ford Focus diesel Russia

After partnering with the Russian company Sollers for the past five years and investing more than $1 billion into car and engine factories, Ford Motor Company is betting on a Russian rebound and still sees the beleaguered country as a long-term play.

Amid GM’s retreat from Russia, Ford stuck to its game plan by spending cash on new models and plants in that country, presumably to avoid a catch-up situation similar to the one it faced in China. According to Automotive News, the commitment paid off in the first quarter of 2016, sending sales up by 93 percent in a market that saw a 17 percent decline over the same period. Read More >

By on April 14, 2016

Tango dancing

Fiat Chrysler Automobiles chairman John Elkann, like the company’s sweatered CEO, is making come-hither eyes in the hopes of luring a suitor.

FCA needs a partner to turn its lofty debt pile into capital, so Elkann wants other automakers to know just how thrilled he’d be if they helped FCA save $10 billion a year, he told shareholders of the investment company controlling FCA (via Bloomberg).

The problem, he lamented, is that other automakers are all wrapped up in trying to develop autonomous technology, often with outsider help. Like a wallflower with a heart of gold, FCA feels ignored despite having a lot to offer.

Read More >

By on April 14, 2016

Hyperloop Technologies

Hyperloop Technology’s co-founder and chief technology officer Brogan BamBrogan, who is a real person and not a Bond villain living in a volcano lair, choose yesterday’s SEA International Congress talent meetup to push the Elon Musk-conceived technology, Automotive News has reported.

BamBrogan’s company is dangling job opportunities in front of the Detroit crowd in a bid to lure new henchmen auto industry talent into its fold.

The former Chrysler and SpaceX engineer’s message to the Detroit audience was clear. To paraphrase Seinfeld — this technology is real, and it’s spectacular.

“We’re calling this our Kitty Hawk moment,” BamBrogan told them.

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By on April 13, 2016

CU-ICAR/Toyota uBox concept (Image: Toyota)

It’s a bit like Scooby-Doo meets A Clockwork Orange.

Graduate students at Clemson University’s International Center for Automotive Research (CU-ICAR) spent two years working with Toyota to create the ideal vehicle for the next age demographic to leap into the car-buying fray: Generation Z.

No, we’re not talking about some stodgy Millennial born in 1985, with his cardigans and Dodge Journey. Generation Z refers to the cohort born in the late 1990s (at the earliest) onward, and these are the people automakers are going to start targeting right … about … now.

Read More >

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