Fiat Chrysler Spins Off Ferrari Brand
Money raised from the spin off will help fund Fiat Chrysler growth plans.
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Money raised from the spin off will help fund Fiat Chrysler growth plans.
Chrysler is recalling more than 566,000 SUVs and trucks because malfunctioning fuel heaters can cause fires, or a software glitch can disable the electronic stability control.
"I want it understood that they day of GM being a polite competitor is over," Barra tells the Detroit Economic Club.
Owners of electric vehicles have already gone gas-free. Now, a growing number are powering their cars with sunlight.
Lexus finishes tops in Consumer Reports reliability study, followed closely by Toyota. Buick is top domestic brand.
So far, more than 12 million vehicles worldwide with air bags made by Japanese parts supplier Takata Corp. have been recalled for the problem.
Chrysler displays several customized vehicles that it's going to take to the SEMA Aftermarket show, including something unique called the "Hospitality Van."
Ford's new aluminum-sided F-150 will be a lot lighter and more efficient when it goes on sale later this year. But for now it's a serious drag on profits.
The August flooding caused severe damage to the Warren facility and displaced nearly 19,000 employees.
The automaker posted a net profit of $1.38 billion, or 81 cents per share, from July through September.
The inflator mechanisms in the air bags can rupture, causing metal fragments to fly out when the bags are deployed in crashes.
A defect in the devices can possibly kill or injure the driver or passengers.
Car dealers say it creates a "level playing field." Tesla calls it a "raw deal."
At least 29 people have died and 27 people have been seriously injured in crashes involving General Motors cars with defective ignition switches.
Could scrap tires hold the answers needed to fix Michigan's crumbling roads?