Correspondent, Detroit
Ben's Feed
Jul 30, 2013

Chrysler delays launch of new Jeep Cherokee by a month

DETROIT (Reuters) – The launch of Chrysler Group LLC’s new 2014 Jeep Cherokee is being delayed by a month to September to resolve calibration issues with the vehicle’s new nine-speed transmission.

Cherokee production started on June 24, a month later than planned, at Chrysler’s assembly facility in Toledo, Ohio. The automaker had planned to begin selling the 2014 Cherokee in August.

Jul 30, 2013

Profit warning at thriving Chrysler unit hits Fiat

MILAN/DETROIT (Reuters) – Fiat’s (FIA.MI: Quote, Profile, Research, Stock Buzz) U.S. unit Chrysler, which generates most of the group’s net profit, lowered its outlook as it struggled to fill orders due to parts shortages, hitting the Italian automaker’s shares.

In recent quarters, Chrysler’s booming U.S. sales have compensated for Fiat’s losses in Europe, where demand hit 20-year lows in the first half of the year.

Jul 25, 2013
Jul 25, 2013
Jul 25, 2013

GM profit beats Street on aggressive cost-cutting in Europe

DETROIT, July 25 (Reuters) – General Motors Co posted
a higher-than-expected quarterly profit on Thursday as the U.S.
automaker narrowed its losses in Europe on aggressive
cost-cutting and raised prices in North America.

Europe, where industry sales hit a 20-year low in the first
half, remains “very challenging,” GM Chief Financial Officer Dan
Ammann said. He added it was too soon to call any sort of
improvement there.

Jul 25, 2013

GM profit beats on strong U.S. demand, smaller loss in Europe

DETROIT (Reuters) – General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) on Thursday posted a higher-than-expected quarterly profit on strong demand in North America and cost-cutting in its struggling European business.

Europe, where industry sales hit a 20-year low in the first half, remains “very challenging,” GM Chief Financial Officer Dan Ammann told reporters. He added it was too soon to call any sort of improvement there.

Jul 25, 2013

Chevy Impala ends foreign dominance in sedans: Consumer Reports

DETROIT (Reuters) – General Motors Co.’s Chevrolet Impala has been tapped by Consumer Reports as the top sedan in the United States, seizing a spot dominated by Japanese and European models for more than two decades.

The influential consumer magazine said the redesigned 2014 Impala was not only the top large sedan, with a score of 95 of a possible 100 points, but also among the top-rated vehicles it has tested. Only Tesla’s Model S hatchback (99 points) and BMW’s 135i coupe (97) scored higher.

Jul 25, 2013

Chevy Impala ends foreign dominance in U.S. sedans -Consumer Reports

DETROIT, July 25 (Reuters) – General Motors Co.’s
Chevrolet Impala has been tapped by Consumer Reports as the top
sedan in the United States, seizing a spot dominated by Japanese
and European models for more than two decades.

The influential consumer magazine said the redesigned 2014
Impala was not only the top large sedan, with a score of 95 of a
possible 100 points, but also among the top-rated vehicles it
has tested. Only Tesla’s Model S hatchback (99 points)
and BMW’s 135i coupe (97) scored higher.

Jul 24, 2013
Jul 24, 2013

Ford flexes muscle overseas on strong demand

DETROIT, July 24 (Reuters) – Ford Motor Co boosted its
full-year outlook and posted a second-quarter profit that
trounced expectations on stronger demand for its cars and trucks
in China and South America as well as a smaller-than-anticipated
loss in Europe.

The No. 2 U.S. automaker also was more optimistic about the
global picture, boosting its forecast for full-year operating
profit and industry sales in several regions including China and
Europe.

    • About Ben

      "Ben Klayman is based in Detroit and in April was named leader of the global automotive team for Reuters. Previously, Ben covered the business of sports as well as consumer and retail for three years and led the manufacturing/housing team for four years. He also covered the telecommunications sector for three years. He joined Reuters in Detroit in 1998 to cover autos. Prior to joining Reuters, he worked at a series of daily newspapers in Ohio and Maryland. Ben graduated from Washington University in St. Louis in 1989 with a bachelor's degree in English literature."
      Hometown:
      Washington, DC
      Joined Reuters:
      1998
    • More from Ben

    • Contact Ben

    • Follow Ben