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  • Fiat Chrysler is the next one after GM to cut jobs
    20 Dec 2016

    Even with a booming U.S. car market, the only safe jobs of late have been building pickups and sport utility vehicles. But it seems like, these jobs aren't that safe anymore since already two automakers decided to stop producing at their few plants in USA and Canada.  Within the next month, General Motors Co. plans to permanently cut about 3,300 employees at three car plants, as the largest U.S. automaker slashes production of models including the Chevrolet Cruze compact. The Detroit-based company also plans to temporarily lay off employees across five of its U.S. car factories, ...

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  • Jaguar Land Rover US sales rise 217% in November 2016
    05 Dec 2016

    Tata Motors' Jaguar Land Rover November 2016 US sales included a 217% year on year rise in Jaguar volume to 3,381 units. Land Rover sales reached 5,659 units, the second highest November on record but down 13% from the record 6,539 units in November 2015. Sales for both brands rose 19% to 9,040 units, a JLR US market record for the month. Year-to-date JLR US sales rose 23% to 92,531.  Joe Eberhardt, president and CEO, Jaguar Land Rover, North America, said that the company is proud to report a 19% unit sales increase for Jaguar Land Rover for the month, and a 23% increa...

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  • Getting ready for Black Friday
    23 Nov 2016

    To clear out bulging inventories of unsold cars and dispel investor doubts about consumer demand, automakers in the United States are ramping up holiday sales promotions ahead of Black Friday. Detroit automakers need a strong year-end sales push. They are sitting on hefty inventories of unsold sedans, compact cars and sports cars as consumers shift to pickup trucks and SUVs. The share prices of General Motors, Ford Motor, and Fiat Chrysler Automobiles NV are flat to down for the year. This reflects investor concerns that a six-year auto sales boom in the United States is reaching an end and th...

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  • Volkswagen will export the Atlas SUV from the US to Russia in 2017
    21 Nov 2016

    Volkswagen will export the Atlas large SUV to Russia from the United States starting at the end of next year. The executive, who has knowledge of VW's product plans, added that the Atlas will be offered with a 2.0-liter diesel in Russia. The source said it is unlikely that the SUV will be sold in western Europe.  When asked at the auto show here this week for confirmation on the plan for the Atlas, VW brand's sales and marketing boss, Juergen Stackmann, said that Russia is one of the markets they are considering. The Atlas, which will be build at VW's factory in Chattanoo...

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  • BMW aims to sell 100,000 all-electric and plug-in models next year
    15 Nov 2016

    Electric cars are coming, like it or not. Some companies are trying to get ahead of the curve, like BMW, which has high aspirations for electric sales volume in the coming year. Longer range, more sales. That's a very simplified version of what BMW is hoping from its plug-in vehicle line up. In fact, Bimmer is expecting to sell as many electric vehicles and plug-in hybrids in 2017 as it has for the past three years combined.  BMW will sell about 60,000 plug-in vehicles this year, and is hoping to boost that annual total to 100,000 units for 2017. The key to this lofty goal is the...

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