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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...
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...
The automotive industry got used to the fact that Tesla Motors Inc. has gone toe-to-toe with franchised dealers in America's statehouses over the issue of selling electric cars directly to customers. For automakers like GM, that sell more cars in the U.S. in a given week than Tesla sells worldwide in an entire year, Tesla is hardly a threat. Still, GM reacted to Tesla's new sales rules introduced in Indiana last week.Indiana law currently allows Tesla to sell cars straight to customers through factory-owned showrooms. GM believes that all industry participants shoul...
General Motors sent a letter in Indiana to ban Tesla Motors from selling direct to customers. Tesla has sold vehicles to customers through direct vehicle sales, and it says if the letter is signed into law it would revoke Tesla’s permission to sell vehicles from its existing storefront in Indianapolis.The state of Indiana is seriously considering locking Tesla out of the state — with a real possibility that Tesla will be prohibited from holding a dealer license in the state after 2017 ends."Despite having a lawfully granted license to sell Tesla vehicles directly since 2014 at...
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