Category: Consolidation

By on May 12, 2016

Subaru badge

Subaru’s parent company plans to change its name from Fuji Heavy Industries to, simply, Subaru Corporation. Why? Because #branding, of course.

In an effort to leverage the recognition of its Subaru brand, the transportation giant says the move away from its long-winded company name will help grow Subaru as a distinctive global presence in the automotive and aerospace industries.

Fuji Heavy Industries currently has four divisions: Automobile, Aerospace, Industrial Power Products, and Eco Technology.

Read More >

By on May 9, 2016

2015 Buick Verano Turbo

Buick is poised to take the Verano behind the barn and vacate the compact car market in North America, according to sources familiar with the automaker’s plans.

The Verano’s dwindling sales share and the popularity of the automaker’s crossovers and SUVs is behind the decision to phase out the entry-level luxury compact, Automotive News reports. Read More >

By on May 4, 2016

2015 Volkswagen eGolf Motor

“Do those non-diesel things, only better,” seems to be Volkswagen’s mantra these days.

The aftermath of the continuing diesel emissions scandal saw the embattled automaker dive deep into cleaner technology, and it now looks like VW wants its name on a relatively cheap electric vehicle, Autocar reports (via Carscoops). Read More >

By on April 28, 2016

Bentley Bentayga

Rival automakers salivating at the thought of snapping up a castoff from Volkswagen’s brand portfolio will have to sit and wait.

Amid grim fourth-quarter financial data and ongoing expenses linked to the diesel emissions scandal, the company is standing by its assets, but admits they might have to jettison some if unexpected expenses crop up. 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 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 13, 2016

Ford headquarters concept

Referring to one’s corporate buildings as a campus is en vogue, from Apple’s planned Spaceship HQ to the Googleplex in Mountain View, California. Yesterday, Ford Motor Company announced plans to transform its facilities in Dearborn into a green, modern, and high-tech work environment.

The 10-year plan will co-locate over 20,000 employees in the Dearborn area. Ford currently has a hodgepodge of more than 70 disconnected buildings along Oakwood Boulevard, many of which have been around since the Falcon and Galaxie were being sold in showrooms.

Read More >

By on March 31, 2016

2016 Volkswagen Passat (1 of 14)

Volkswagen shareholders are wondering if they’ll be receiving a lump of coal in their dividend stocking this year.

That, Sergio is seeking a partner (but not those French guys), NASCAR’s Derek White is in trouble north of the border, GM seals the deal with a startup, and no Baby Buick for you … after the break!

Read More >

By on March 10, 2016

2016 Fiat 500L

Fiat’s American retailers are struggling to bring in buyers as well as pay the cost of their dealerships, but help is on the way from the parents.

On March 9, Fiat Chrysler Automobiles pitched a plan to stabilize dealers, offering Fiat stores the opportunity to combine their operations with the Chrysler-Jeep-Dodge-Ram dealers many are adjacent to, Automotive News reports.

Read More >

By on March 2, 2016

Sergio Marchionne with text message conversation with Tim Cook, Image Source: FCA

It seems Sergio Marchionne may be switching teams when it comes to shacking up with another company to build cars of the future, reports Bloomberg.

At the Geneva International Motor Show, the self-confessed Apple geek said that Fiat Chrysler Automobiles would be well-suited to contract build a car designed in California.

“I would assume that we have the credibility to be one of the players they have looked at,” Marchionne said in Geneva. “There are parts of us that would be interesting for them.”

Read More >

By on February 1, 2016

car-brands

FCA’s sweater-in-chief Sergio Marchionne has a plan to turn around the debt-laden and ailing automaker: stop building cars that lose money. That sounds like common sense, so long as oil prices stay low and the demand for trucks, SUVs and crossovers remains high.

But that plan introduces a new set of problems, chief among them the fact that ditching the car market leaves FCA exceptionally exposed to future volatility in oil prices. Crude prices affect prices at the pump, which affects the demand for certain types of vehicles. Sergio is betting oil prices will stay low by focusing on vehicles with ever-increasing price tags and ever-growing gas tanks.

Still, there will always be some demand for small cars. It was true in 1950 and it is true today. So what will Mr. Sweater do to meet that demand? Simple: he’ll buy those vehicles from another automaker and badge engineer them the old-fashioned way.

Read More >

By on December 3, 2015

 

Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters.

Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo Giulia for six months — as the automaker shores up its $52 billion investment plan.

“We are not choking. We are in relatively decent shape,” Marchionne said.

Read More >

By on October 21, 2015

2014_Chevrolet-Impala-LTZ-tug-boat

General Motors is getting pickier about where it does business and the products it sells. Could that also translate to where it will build its products in the future?

In a recent piece from Automotive News’ Mike Colias, the trade publication paints a bleak picture for one of General Motors’ longest running nameplates. The subject was Impala and the question was whether the car named after an African antelope, while well received by the automotive press, could survive the guillotine in a market that increasingly prefers crossovers and SUVs over sedans.

“We have a broad portfolio. But how are we going to look at what are the right vehicles to put in the marketplace? We’ll look at what makes sense and what will generate a return,” General Motors CEO Mary Barra told Automotive News earlier this month.

Naturally, Colias brought up Impala, and the reply stopped short of commitment to the car and the segment.

Read More >

By on September 6, 2015

 

Speaking at the Formula One Italian Grand Prix this weekend, Fiat Chrysler Automobiles CEO Sergio Marchionne told Reuters that a merger with General Motors was at the top of his list.

“That discussion remains a high priority for FCA,” Marchionne told Reuters. “We consider it to be the best possible strategic alternative for us and for them. General Motors does remain the ideal partner for us and we represent a not easily replaceable alternative for them.”

(Emphasis mine. But what are the other “strategic alternatives?”)

Read More >

By on August 31, 2015

 

On Monday, Magna International completed its sale of its interior business to Grupo Antolin, a Spanish firm that’s relatively unknown outside of Spain.

That’s on top of Johnson Control International getting out of the interior business, along with other automakers and suppliers, as John McElroy pointed out in a well-written column for Autoblog.

Magna’s sale underscores the fact that the car-making business — and especially their interiors — isn’t exactly lucrative for most suppliers.

Read More >

Recent Comments

  • dal20402: Yep, just like how my TV that measures 64.3″ inches from one corner to another is “65”...
  • ajla: A lot of you guys need to switch to decaf.
  • FreedMike: Awww, poor markf…can’t handle someone making a perfectly valid criticism of the former...
  • dal20402: What cities are “sh!tholes?” I live in a city and it’s a pretty damn nice place. Abundant...
  • FreedMike: He’s the cool exec with the hottest deal.

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber