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The Ford Motor company had created a new subsidiary Smart Mobility LLC devoted to advance transportation technologies and business models involving ride-sharing services, autonomous cars and vehicle connectivity. It will collaborate with other technology companies and startups to develop new products. Jim Hackett, former Steelcase vice chairman and CEO, will leave Ford's board of directors to become chairman of the new mobility-services subsidiary.It will be seeking technology partners in Silicon Valley and building on work already under way at Ford, according to a company news relea...
Subaru automaker decided to overhaul its engineering, design and technology strategies to keep the brand competitive on a global scale. The main two changes concern a new modular platform, Subaru says will improve safety and driving performance, and a new design language dubbed Dynamic X Solid to enliven the brand's image.Besides this, Subaru will roll out new automated-driving technologies beginning with a traffic-jam autopilot. This function will allow the vehicle to start and stop automatically in slow traffic and steer automatically around curves. Subaru's ...
Fiat dealers in the U.S. will be allowed to combine operations with adjacent Chrysler-Jeep-Dodge-Ram stores. This is a part of Fiat Chrysler's new plan aiming to boost the sales of the brand.This strategy could save a retailer selling 15 new Fiats a month an average of $180,000 per year in duplicate third-party vendor expenses. Dealers who decide to stick with the existing stand-alone Fiat showroom will receive about two-thirds of the savings as well as other benefits to their monthly operations. FCA will also simplify its underperforming Fiat produ...
Tesla Motors signed a contract to lease the ground floor space of a building in Red Hook. The company already has a showroom in Chelsea. It seems like Tesla isn’t keen on renewing. Similar to a few other states, law makers in Utah refuse to let the Electric Vehicle automaker sell its cars directly.A new bill has been proposed that would place restrictions on the electric cars' sales. While Utah’s current law states that the EV company has to hire a franchised dealer to sell its vehicles, Tesla says that it can't sell its cars through traditional third-party dealerships...
Ford Motor Co. and Fiat Chrysler both had their best February for U.S. sales since 2006, Nissan North America posted its highest market share for any month ever, while General Motors is on pace to lose share for a fifth consecutive year. Experts say that the explanation for all these facts is fleet. GM's fleet deliveries dropped 24 percent last month, resulting in a 1.5 percent drop in the company's overall sales. On the other hand, FCA's fleet sales surged 39 percent, Ford's jumped 42 percent, and Nissan's soared 54 percent. GM said it's making a st...
