Chrysler
Toyota, Daimler and FCA borrowing billions to face Coronavirus Crisis
The Coronavirus has got the entire world on lockdown. The world economy is sure to take a big hit from this as industries have almost shutdown completely. To combat the crisis car makers such as Daimler, Toyota and FCA are looking to borrow a whole lot of money.
Why aren't American car brands successful in India?
There’s a hit song by The Clash, a 1970s English rock band, called ‘Should I Stay Or Should I Go?’ A song that best reflects Ford’s dilemma in India. Unable to sustain itself independently and still unwilling to let go of a presence in the world’s fourth largest automotive market by volume,
Lee Iacocca, the father of the Ford Mustang, dies at the age of 94
Lee Iacocca, the auto industry legend best known for developing Ford Mustang and Pinto cars and later resuscitating Chrysler Corporation literary from its apparent demise, died on Tuesday morning at the age of 94 at his home in California.
Astaguru to conduct first online auction for vintage cars
More than 10 cars will be sold at India’s first classic and vintage car auction held on 20-21 November. From RM Auctions to Bonhams, auctioning of classic and vintage cars is a norm in the automotive market.
Former FCA boss Sergio Marchionne passes away
Sergio Marchionne, the former head of Fiat Chrysler Automobiles (FCA) and Ferrari, has passed away at 66. He has suffered complications from recent shoulder surgery at a hospital in Zurich.
Fiat Chrysler sued for rigging emissions
FCA has been accused of manipulating emissions in 104,000 vehicles sold between 2014 and 2016 in the US. It seems Volkswagen is not the only firm which has been involved in manipulating emissions results of its vehicles.