Bernie's Feed
Jan 12, 2015

Fiat Chrysler wants to collaborate with others on new vehicles -CEO

DETROIT, Jan 12 (Reuters) – Fiat Chrysler Automobiles
Chief Executive Sergio Marchionne said his
company is in talks with other automakers to share the costs of
developing new vehicles and technology, particularly to cut
greenhouse gas emissions, and called on the United States to
ease fuel economy targets for 2025.

“I think (automakers’) costs … (are) well in excess of
what I consider a mature industry to be able to afford,”
Marchionne told reporters at the Detroit auto show on Monday.

Jan 6, 2015

Jeep meets goal of 1 million in 2014 sales, led by U.S.

DETROIT (Reuters) – Jeep, the SUV brand that is key to Fiat Chrysler Automobiles’ (FCAU.N: Quote, Profile, Research, Stock Buzz) (FCHA.MI: Quote, Profile, Research, Stock Buzz) global expansion plans, narrowly met its goal of selling one million vehicles in 2014, the Jeep brand chief said on Tuesday.

Jeep’s worldwide sales were 1,017,019 last year, up 39 percent from 2013 and a record for the brand.

Jan 5, 2015

BMW retakes U.S. luxury auto sales crown from Mercedes-Benz

DETROIT (Reuters) – BMW (BMWG.DE: Quote, Profile, Research, Stock Buzz) on Monday regained bragging rights as the top-selling luxury brand in the United States, ending the one-year reign of German rival Mercedes.

BMW ended with a lead last year of more than 9,000 vehicles over Mercedes-Benz, which in 2013 seized a title BMW had held for the previous two years.

Jan 5, 2015

Fiat Chrysler U.S. December auto sales up 20 percent, lag expectations

DETROIT (Reuters) – Fiat Chrysler Automobiles (FCAU.N: Quote, Profile, Research, Stock Buzz) (FCHA.MI: Quote, Profile, Research, Stock Buzz) said its U.S. sales rose 20 percent on strong Jeep SUV and pickup truck sales but still missed expectations of analysts.

FCA’s sales of 193,261 for the month were the highest for the company once known as Chrysler since 2006. Analysts polled by Reuters had expected FCA’s sales to be about 196,500 vehicles.

Jan 5, 2015

Fiat Chrysler U.S. Dec auto sales up 20 pct, lag expectations

DETROIT, Jan 5 (Reuters) – Fiat Chrysler Automobiles
said its U.S. sales rose 20 percent on strong
Jeep SUV and pickup truck sales but still missed expectations of
analysts.

FCA’s sales of 193,261 for the month were the highest for
the company once known as Chrysler since 2006. Analysts polled
by Reuters had expected FCA’s sales to be about 196,500
vehicles.

Dec 22, 2014

BMW expands Takata air bag recall to nationwide U.S.

DETROIT (Reuters) – BMW on Monday said it has
expanded a U.S. regional recall for certain vehicles with
driver-side air bag inflators made by Takata Corp to
cover the entire country, following the lead of four rivals that
have taken similar steps.

The National Highway Traffic Safety Administration has urged
the carmakers to broaden the recall beyond a limited area with
high humidity and they have gradually followed suit.

Dec 11, 2014

Ford reboots touch-screen system with new Sync 3

DETROIT (Reuters) – Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) hopes to get a fresh start and erase bad memories for some owners when it launches the new version of its in-car, interactive touch-screen system next fall.

Ford said Sync 3 will be more intuitive, sport improved voice-recognition software and operate more like a smartphone than the first two generations, the last of which prompted customer complaints in Consumer Reports magazine for being distracting, clumsy and overly complex.

Dec 8, 2014

UAW gains important recognition at VW Tennessee plant

DETROIT (Reuters) – The United Auto Workers gained a partial and unconventional recognition from Volkswagen AG (VOWG_p.DE: Quote, Profile, Research, Stock Buzz) after proving to the company that it represents at least 45 percent of workers at the company’s plant in Chattanooga, Tennessee, a company spokesman said on Monday.

The union on Monday said membership at its Local 42 in Chattanooga “exceeds a majority of workers at the plant.”

Dec 2, 2014

U.S. auto sales continue torrid pace in November

DETROIT (Reuters) – Five of the top six automakers sold more cars and trucks in November than analysts expected, with a surging economy, heavy discounting and falling fuel prices luring consumers into U.S. showrooms.

General Motors Co on Tuesday said November sales rose 6.5 percent to 225,818 vehicles.

Nov 26, 2014

U.S. regulator orders national Takata driver-side air bag recall

DETROIT, Nov 26 (Reuters) – The U.S. National Highway
Traffic Safety Administration on Wednesday ordered air bag
supplier Takata Corp to expand its regional recall of
driver-side air bags to cover the entire United States.

Such a nationwide recall would affect vehicles made by five
automakers: Ford Motor Co ; Honda Motor Co ;
Chrysler Group LLC, a unit of Fiat Chrysler Automobiles
; Mazda Motor Corp and BMW AG
.