The automaker is investing heavily in electric vehicle manufacturing, but American infrastructure and consumer wants may get in the way.
In his 32-year career at Ford and then Chrysler, Iacocca helped launch some of Detroit’s best-selling and most significant vehicles, including the minivan, the Chrysler K-cars and the Ford Escort.
The Big Three — Ford, GM and Chrysler — are moving away from car sales in the U.S. and instead focusing on bigger vehicles like SUVs and pickup trucks for the American market.
He was credited with turning around both Fiat and Chrysler.
July sales are down across the board for the Detroit Three automakers, 15.5 percent for GM, 10 percent for Chrysler and 7.5 percent for Ford. That makes seven straight months of declines for the U.S. auto industry at large. Now, considering the last two years basically broke every kind of sales record in the books, […]
Janesville, Wisconsin's resources are stretched thin after GM left the city and took jobs with it.
Fiat Chrysler has announced it’ll invest about $1 billion to improve two of its plants in the U.S. It’ll bring 2,000 jobs as well. This comes after news of other automakers changing their operating plans , like Ford canceling a factory in Mexico and investing in a Michigan plant. Of course, hanging over all of […]