BMW says may source more U.S. steel its auto plant after tariff move

by deeperkins | Jun 1, 2018 | Uncategorized

BMW said it may increase the amount of steel it sources locally for its South Carolina plant after Washington imposed tariffs on imports of steel and aluminium from the European Union. Source: Auto Feed

FCA 5-year plan led by new Jeep, Ram, luxury products, but Chrysler, Fiat, Dodge future uncertain

by deeperkins | Jun 1, 2018 | Uncategorized

Fiat Chrysler Automobiles signaled that it will have more cash on hand than debt on its books by the end of this month for the first time since the merger that created it in 2009 during a wide-ranging series of long-term plans presented in Balocco,… Source: Auto...

FCA's 5-year plan led by new Jeep, Ram, luxury products; company hits financial milestone

by deeperkins | Jun 1, 2018 | Uncategorized

Fiat Chrysler Automobiles signaled that it will have more cash on hand than debt on its books by the end of this month for the first time since the merger that created it in 2009 during a wide-ranging series of long-term plans presented in Balocco,… Source: Auto...

A roundup of news from FCA's 5-year plan

by deeperkins | Jun 1, 2018 | Uncategorized

Fiat Chrysler will end the second quarter in a net cash position, CEO Sergio Marchionne said on Friday, kicking off the company’s five-year strategy presentation. Source: Auto Feed

SoftBank alliance could open more doors for GM

by deeperkins | Jun 1, 2018 | Uncategorized

GM President Dan Amman said the deal with Softbank opens GM to a “unique set of relations” and enhances the company’s opportunity to commercialize self-driving vehicles. Source: Auto Feed