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Stellantis posts $17.9 billion net profit, promises $14,760 employee payout

Global automaker Stellantis revealed a record-breaking year for net profit, and nearly $15,000 per qualifying employee in profit-shares. The brand, a result of a 2021...

FCA North America pleads guilty in labor corruption scandal

On Monday, an executive for Fiat Chrysler North America acknowledged that the carmaker indeed conspired to pay in excess of $3.5 million in bribes...

Fiat Chrysler plans to roll out Ram electric pickup

As electric vehicles continue to grow in popularity, More auto brands are jumping on the trend of building new EV models. The latest addition...

CBT automotive newscast: September 22, 2020

Today’s Featured Interview: MB dealer Gregory Baranco says 'manufacturers need to step up' their diversity efforts While there are over 18,000 dealers in the country, only...

Carmakers Remain Hopeful Despite Disappointing Q2 Sales Results

Though not unexpected, the continued downward trajectory of car sales this year still hurts. Overall, top brands such as Ford, Fiat Chrysler, and General...

NA Automakers Well Positioned to Weather Recovery

In the financial recession in 2008-09, carmakers were on the brink. More than $80 billion USD was provided by the government to bail out...

More Auto Manufacturers Pause Production during COVID-19

The coronavirus outbreak in the United States continues to claim auto industry casualties. Last week, the United Auto Workers union’s pressure on the Detroit...
FCA and Renault

Uncertainty Looms as FCA and Renault Withdraw Merger Plans

You would probably be justified in calling the failed merger between Italy’s Fiat Chrysler Automobile (FCA) and France’s Renault “eye-opening.” FCA has announced it...
Fiat Chrysler

Fiat Chrysler Releases Q4 2018 and Annual Report

Fiat Chrysler Automobiles (FCA) has released its Q4 and full-year report for 2018. In an earnings call on February 7th, FCA’s Chief Executive Officer,...
Automotive Industry

Five Major Automotive Industry Developments in 2018

In regard to the automotive industry, 2018 has been a year of continued innovation and various technological advancements. The year has also been a...