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  • FCA plans to invest $1B, adding 1000 jobs at Jeep plants
    14 Jul 2016

    It has been officially announced that Fiat Chrysler Automobiles NV plans to invest a huge amount of money at two Midwest assembly plants for future production of Jeep SUVs. This is actually more than $1 billion. They also aim to create 1000 new jobs.  The automaker is going to invest about $700 million and add 700 work places at the Toledo Assembly Complex North plant for production of the next-generation Jeep Wrangler. The company will also invest $350 million and add about 300 new workers at its Belvidere Assembly in Illinois to produce the Jeep Cherokee.  Production of t...

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  • More than 260 crashes got linked to FCA cars
    28 Jun 2016

     After the tragic death of Anton Yelchin, all of Fiat Chrysler's skeletons got out of the closet. The investigation of the Jeep Grand Cherokee models has started and it brought up some new proof on the fact that Grand Cherokee had some serious defects. U.S. safety regulators said on Tuesday that 68 injuries and 266 crashes on the same model were reported. All of the affected models had a type of gear-shifting control that has confused some consumers and led to rollaway incidents.  After that The National Highway Traffic Safety Administration indicated that there were no deat...

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  • FCA minivans sales reinvigoration this year
    29 May 2016

    Waiting for the U.S. May sales reports, analysts forcast the results to be slightly down mainly because of two fewer selling days than in May 2015.In the particular case of Fiat Chrysler however, the automaker is likely to register its 74th consecutive year-over-year sales increase in May and it is mainly due to the minivans segment. The addition of the 2017 Chrysler Pacifica and the success of the Dodge Grand Caravan also have to do with the final results. Still, this time FCA may have hurdles to overcome to top the 202,227 vehicles it sold in the U.S. in May 2015, it...

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  • US April car sales grow at a slower pace
    04 May 2016

    Car and truck sales spring growth was a bit slower then expected this April. Since 2010 it was the luxury segment, which has led the sales growth. This year the indexes are quite ambiguous in this market section. Of the top-five luxury premium brands, only Audi is up so far for the first four months of 2016. Third-place BMW is down by 9.4 percent, and that doesn’t include the premium Mini brand’s 14.3 percent decline.At the same time American Honda and Nissan group registered the most significant sales growth in this period, which were of  14.4 percent and ...

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  • April car sales in continuous growth!
    27 Apr 2016

     March, April and May are the months with the highest selling-volume, this year it seems like dealerships have a good benefit from an early Easter.“It’s reassuring when retail sales grow faster than the overall industry pace as it indicates consumers remain very active and engaged in the new-vehicle market.” says Eric Lyman, TrueCar’s vice president of industry insights, in a statement. TrueCar is expecting increases of 4% for retail sales and 1% for fleet ones. LMC projects retail to rise above 3,9% and 4,7% for fleet sales. April has five weekends this year,...

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