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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...
Google's self-driving car team is determined to move further the experimental stage and is now hiring more people with automotive industry expertise. The operation now employs at least 170 workers, many of whom are software and systems engineers. More than 40 of the new employees have previous automotive industry experience with skills in various fields from exterior design to manufacturing. They come from a wide range of companies, including Tesla Motors Inc., Ford Motor Co. and General Motors Co. Data about the workers hired by Google are cited from a&n...
The automotive industry registered its strongest February in 15 years. Total U.S. sales grew 6.8 percent during the month to 1.3 million vehicles -- the best February in volume terms since 2001.Ford, paced by gains reached 20 percent. Fiat Chrysler rode strong demand for Rams and Jeeps to a 12 percent increase. Honda said sales improved 13 percent while Nissan said its sales grew 11 percent. Both Honda and Nissan said they set records for the month. General Motors, meanwhile, said sales fell 1.5 percent, a surprising decline that the company attributed to a 39 percent cutba...
