Hints and tips:
...The average price of a Stellantis vehicle, which includes the Ram and Dodge brands, in the US rose to $53,000, giving the North American division a margin of 16.4 per cent last year....
...I love Amy Hwang’s cartoons in FT Weekend. This one is especially relatable....
...A year earlier, carmaker Stellantis had announced it was closing the assembly plant in Belvidere, laying off 1,200 workers who make the Jeep Cherokee....
...For both RAFI and RACWI, success is funded by those who chase the frothiest fads, buying after the market has fallen in love with an asset, and selling assets that are feared and loathed....
...“I’d love to have a hydrogen Jeep [in the line-up]”, added Meunier. The first model, the Avenger, will be made at its existing plant in Poland, which already builds the Fiat 500 and Lancia Ypsilon....
...With a portfolio of brands covering the luxury, premium and mainstream passenger car segments, the new group’s marques will include Citroën, Opel and Vauxhall from PSA, with FCA contributing Jeep, Dodge...
...At the Fiat Chrysler showroom, a line of unsold Fiats, Jeeps and Alfa Romeos is parked on the double-yellow lines outside the property because the main parking area is already full....
...With a quick “Add to basket”, the decision to dodge the balloon payment and upgrade within Fiat Chrysler had been made....
...He put the patinated body back on top, replacing the Chrysler front end with a more elegant one from a vintage DeSoto....
...Jeep is the flagship brand for Fiat Chrysler, having grown to dominate the company under the leadership of Mike Manley, who ran the brand before becoming FCA CEO last year....
...FCA, which owns the Jeep, Ram, Dodge, Chrysler, Maserati, Alfa Romeo and Fiat marques, declined to comment....
...The company, which owns Jeep, Ram, Dodge, Alfa Romeo and Maserati, said the results were in line with its own expectations and maintained its annual profits forecasts of €6.7bn, figures it downgraded three...
...PSA’s merger with Fiat Chrysler, which owns the Jeep brand, opens up even more long-term possibilities for the site....
...Jeep sales dipped 2 per cent despite a record January for Wrangler SUVs. Sales across the Dodge, Chrysler, Fiat and Alfa Romeo brands also fell....
...If you love something, set it free....
...The deal will bring under one roof the Citroën, Opel and Vauxhall marques from PSA, with Jeep, Dodge and Alfa Romeo from FCA....
...Ford on Thursday said US auto sales fell in October but the carmarker still outsold Fiat Chrysler, which said its sales jumped 16 per cent last month driven by its Dodge, Jeep and Ram brands....
...Hedge fund Tiger Global Management has more than doubled its stake in Fiat Chrysler Automobiles to more than $1bn, in a sign of support for the carmaker under its new leadership team....
...The company, which owns the Jeep, Ram, Alfa Romeo, Dodge and Maserati brands, cut full-year guidance for revenues from €125bn to €118bn, for adjusted earnings from €8.7bn to €8bn, and for net cash from €4bn...
...Overall, Chrysler brand sales fell 13 per cent, with Dodge flat and Fiat brand off 45 per cent during the month. Toyota North America said total July sales were down 2.1 per cent to 208,770....
...The company also sells the Ram, Dodge, Chrysler, Fiat, Abarth and Alfa Romeo brands....
...The group, which also owns the Jeep, Ram, Dodge, Maserati and Alfa Romeo nameplates on top of its namesake marques, outlined a shift in focus of some of its brands....
...US private equity firm is among a handful of potential bidders, including Apollo Global Management, Bain Capital and India’s Mahindra that are tracking the unit, which is being spun out of carmaker Fiat Chrysler...
...The US carmaker recalled vehicles across the Jeep, Ram, Dodge, Chrysler brands for the fault, which it said has occurred only once and has never resulted in an injury....
...“I love what I do and I think that would be tilting at windmills,” Dimon told a longtime investor who entreated him to toss his hat into the ring....
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