The Globe and Mail‘s Greg Keenan reported some bleak news for Canada’s auto industry today, with Canada’s auto manufacturing output set to decline by as much as 25 percent by 2020.
Tag: Chrysler
Late last night, a friend of mine posted the above video on my wall. At 2:15, CNet CarTech’s Brian Cooley demonstrates how the big Chrysler can read one’s text messages aloud. The example used may fly under the radar of most people, but anybody who has ever listened to rap music, or dealt massive quantities of cocaine, will pick up on it immediately.
I have driven more cars than I can count this year but strangely enough, none of them excited me as much as the Fiat Ducato we had in July. Why? Well, my snazzy new retaining wall that arrived pallet-by-pallet in the Ducato certainly helped, but the real reason is: the Ducato serves as the basis for the 2014 RAM ProMaster. Yes, I know I have an odd place in my heart for commercial cargo haulers, but hear me out. The ProMaster quite simply the biggest thing to happen in the commercial world in my lifetime. The only thing that could have surpassed the intrigue of a front-wheel-drive cargo hauler would be a front-wheel-drive BMW M5. I know Europeans have had these things for a while, but let’s revel in the American novelty as we click past the jump.
Chrysler announced Thursday that it will restart the second shift of workers assembling the all-new 2014 Jeep Cherokee at the Toledo Assembly Complex next Monday after a week of downtime spent upgrading the software for the SUV’s powertrain. Chrysler had idled the 500 workers, it said, because it had built a sufficient number of vehicles to launch and that it didn’t want to overwhelm delivery logistics, but it was clear from the fact that none of the built Cherokees were being shipped and that some of the idled workers were conducting lengthy test drives that quality control was a factor in the shutdown. Chrysler software and drivetrain engineers have been working on patches to the engine and transmission mapping software and the company says that it has made progress on the upgrade. (Read More…)
Much has been made over the one future product announcement in Chrysler’s IPO filing. Apparently, it will be a an SUV based off of the Small Wide platform. A bit of detective work can help us figure out what it will be.
After Fiat and Chrysler’s retired UAW workers’ health care benefits trust were unable to agree on a price for the Voluntary Employees Beneficiary Association‘s 41.5% share in the Auburn Hills automaker, at the trust’s request Chrysler has filed initial paperwork for a public stock offering to sell part of the VEBA’s stake, about 16% of overall Chrysler shares, the first time in over a decade that the public will be able to own shares in Chrysler, which formerly was wholly owned by Cerberus and before that Daimler. Fiat certainly would rather the IPO not take place now as it complicates Fiat and Chrysler CEO Sergio Marchionne’s plans for the Italian automaker to acquire full ownership of Chrysler. The benefits trust has the legal right to force Chrysler to make the stock offering so the VEBA can cash out on the shares it received in exchange for giving up financial claims against Chrysler during the company’s bankruptcy and bailout by governments in the United States and Canada.
(Read More…)
We live in an era of instant gratification. We want everything, right now, done perfectly, right away. A consequences of that is that delays, even when legitimate, are seen as a sign of incompetence, slow movement and an inability to get things done. In many cases, it’s true. But that doesn’t mean we should pillory Chrysler for delaying production of the Cherokee again.
On Friday, Sergio Marchionne, who heads Fiat and Chrysler, told reporters in Milan, Italy that he hasn’t gotten any closer to making a deal with the UAW’s retiree health care trust for Fiat to purchase the VEBA’s shares in Chrysler and take full ownership of the Auburn Hills automaker. The UAW health care trust owns 41.5% of Chrysler and the two parties have not been able to agree on a price. The trust is demanding $5 billion for its shares. Marchionne told the LaPresse news agency, concerning the UAW trust’s suggested price, “They should buy a lottery ticket.” (Read More…)
We don’t just love pickup trucks in America, we practically worship them. The half ton pickup truck is an American icon embedded into our music, our entertainment and almost the core of our culture. If you haven’t owned or wanted to own a pickup truck, you’re probably a communist infiltrating American society and should be stopped. Despite inroads from the Japanese competition, the full-size truck market is a solidly American segment that isn’t just led by the big three, it’s dominated by them. In August, RAM took third place with 33,009 pickups sold in the US of A, more than three times the number four player: this week’s Toyota Tundra. Why is this gap so large when Toyota crushes the big three in so many other segments? Let’s explore that while we look at Toyota’s refreshed 2014 Tundra.
Two years ago, your humble author had some very nice things to say about the revised, Pentastar-powered Dodge Grand Caravan. Since then, I’ve put a couple thousand more miles on Caravans, including a fairly harrowing trip to Nashville in a low-spec variant, and, to quote Sean Connery, “I haven’t changed my opinion.”.
I never deliberately rent a minivan. Until this past Friday, when I needed one to cover about 580 miles in a single night so I could play an impromptu gig with a hastily assembled group of people who didn’t quite know each other. So I paid Enterprise their rapacious $94/day rate for an on-purpose Friday-to-Saturday minivan rental, and the green “e” came through with a brand-spanking-new, 46-miles-on-the-odometer Chrysler T&C Touring. So. We know the Caravan is brilliant. Is the Chrysler worth the extra money?
I have to admit, I’m a fan of the Fiat 500. Yes, I know it’s just a Fiat Panda with bubbly sheetmetal. Yes I know it’s a little peculiar. Yes I know it’s trying to ride on MINI success. It doesn’t matter, the wee Fiat makes me grin every time I drive one. Whether it’s the slow-as-dirt standard 500, the ludicrously loud Abarth, the almost-convertible 500c or the totally impractical 500e, the Cinquecento knows how to brighten my day. I was therefore excited when Fiat announced the 500’s success would spawn a four door stable-mate for 2014. Is the 500L 40% more smiles for 20% more cash?
| Automaker | Aug. 2013 | Aug. 2012 | Pct. chng. | 8 month 2013 |
8 month 2012 |
Pct. chng. |
|---|---|---|---|---|---|---|
| BMW division | 24,523 | 16,835 | 46% | 188,997 | 164,636 | 15% |
| Mini | 6,023 | 5,718 | 5% | 44,329 | 43,632 | 2% |
| Rolls-Royce | 84 | 79 | 6% | 672 | 632 | 6% |
| BMW Group | 30,630 | 22,632 | 35% | 233,998 | 208,900 | 12% |
| Chrysler Division | 28,678 | 28,070 | 2% | 212,495 | 216,616 | –2% |
| Dodge | 52,858 | 47,348 | 12% | 413,258 | 344,556 | 20% |
| Dodge/Ram | 86,445 | 73,413 | 18% | 653,985 | 537,502 | 22% |
| Fiat | 4,190 | 4,150 | 1% | 29,585 | 28,566 | 4% |
| Jeep | 46,239 | 42,839 | 8% | 317,921 | 325,945 | –3% |
| Ram | 33,587 | 26,065 | 29% | 240,727 | 192,946 | 25% |
| Chrysler Group | 165,552 | 148,472 | 12% | 1,213,986 | 1,108,629 | 10% |
| Maybach | – | 4 | –100% | – | 32 | –100% |
| Mercedes-Benz | 26,151 | 22,689 | 15% | 203,147 | 182,087 | 12% |
| Smart USA | 993 | 753 | 32% | 6,312 | 6,281 | 1% |
| Daimler AG | 27,144 | 23,446 | 16% | 209,459 | 188,400 | 11% |
| Ford division | 212,212 | 188,608 | 13% | 1,649,821 | 1,453,536 | 14% |
| Lincoln | 8,192 | 8,141 | 1% | 53,399 | 57,078 | –6% |
| Ford Motor Co. | 220,404 | 196,749 | 12% | 1,703,220 | 1,510,614 | 13% |
| Buick | 24,650 | 18,000 | 37% | 141,880 | 122,589 | 16% |
| Cadillac | 20,255 | 14,704 | 38% | 119,586 | 90,933 | 32% |
| Chevrolet | 187,740 | 169,978 | 10% | 1,365,544 | 1,270,582 | 8% |
| GMC | 43,202 | 37,838 | 14% | 303,254 | 273,366 | 11% |
| General Motors | 275,847 | 240,520 | 15% | 1,930,264 | 1,757,470 | 10% |
| Acura | 17,051 | 15,646 | 9% | 109,182 | 101,407 | 8% |
| Honda Division | 149,381 | 115,675 | 29% | 944,267 | 847,840 | 11% |
| Honda (American) | 166,432 | 131,321 | 27% | 1,053,449 | 949,247 | 11% |
| Hyundai division | 66,101 | 61,099 | 8% | 493,116 | 479,789 | 3% |
| Kia | 52,025 | 50,028 | 4% | 378,380 | 386,809 | –2% |
| Hyundai Group | 118,126 | 111,127 | 6% | 871,496 | 866,598 | 1% |
| Jaguar | 1,723 | 1,029 | 67% | 11,134 | 8,546 | 30% |
| Land Rover | 4,938 | 3,727 | 33% | 31,972 | 28,038 | 14% |
| Jaguar Land Rover | 6,661 | 4,756 | 40% | 43,106 | 36,584 | 18% |
| Maserati | 326 | 219 | 49% | 1,862 | 1,715 | 9% |
| Mazda | 28,106 | 22,232 | 26% | 198,026 | 185,346 | 7% |
| Mitsubishi | 5,281 | 4,249 | 24% | 40,980 | 41,316 | –1% |
| Infiniti | 11,884 | 11,155 | 7% | 71,879 | 77,151 | –7% |
| Nissan Division | 108,614 | 87,360 | 24% | 782,369 | 697,426 | 12% |
| Nissan | 120,498 | 98,515 | 22% | 854,248 | 774,577 | 10% |
| Subaru | 41,061 | 28,293 | 45% | 281,652 | 217,780 | 29% |
| Suzuki* | – | 1,968 | –100% | 5,946 | 17,228 | –66% |
| Lexus | 29,792 | 24,237 | 23% | 171,238 | 150,604 | 14% |
| Scion | 7,698 | 7,722 | 0% | 48,959 | 49,747 | –2% |
| Toyota division | 194,047 | 156,561 | 24% | 1,313,525 | 1,199,163 | 10% |
| Toyota/Scion | 201,745 | 164,283 | 23% | 1,362,484 | 1,248,910 | 9% |
| Toyota | 231,537 | 188,520 | 23% | 1,533,722 | 1,399,514 | 10% |
| Audi | 14,005 | 11,527 | 22% | 101,346 | 88,392 | 15% |
| Bentley | 198 | 156 | 27% | 1,565 | 1,405 | 11% |
| Lamborghini* | 46 | 43 | 7% | 368 | 344 | 7% |
| Porsche | 3,327 | 3,026 | 10% | 28,456 | 22,279 | 28% |
| VW division | 40,342 | 41,011 | –2% | 282,913 | 286,750 | –1% |
| Volkswagen | 57,918 | 55,763 | 4% | 414,648 | 399,170 | 4% |
| Volvo Cars NA | 5,518 | 6,319 | –13% | 44,005 | 46,649 | –6% |
| Other** | 253 | 246 | 3% | 2,024 | 1,963 | 3% |
| TOTAL | 1,501,294 | 1,285,347 | 17% | 10,636,091 | 9,711,700 | 10% |
Riding on strong pickup truck and sedan sales, Chrysler Group and Ford Motor Co. both posted 12% overall sales increases from last August. It was Chrysler’s 41st straight year to year monthly increase. A number of manufacturers’ sales were constrained by tight inventory of models in high demand.
Another day, another flip-flop on future product plans over at Casa di Marchionne. The latest news comes from Italian unions, who claim that the Maserati Levante will be built at the Mirafiori plant in Italy, rather than at Jeep’s plant in Detroit.
Post-bankruptcy Chrysler’s product plans have had more episodic changes than the Star Wars franchise, and Automotive News has the latest dirt on what’s going on at Auburn Hills.
You may recall that the possibility of building Jeeps in China (something that actually started decades ago when the brand was owned by American Motors) became an issue in last year’s U.S. presidential election campaign. According to reports in Chinese media, the Fiat and Guangzhou Automobile groups have reached a tentative agreement to assemble Jeeps in the companies’ joint venture Changsha factory in central China. (Read More…)














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