While total SUV global sales fell by 3.1%, FCA posted a decline of 8% during the same period, with its volume falling from 992,300 units in H1 2018 to 908,100 units in H1 2019.
The Q2 2019 financial results of 25 auto makers are the best proof that the global economic growth is rapidly slowing down.
With two models, Fiat was able to almost triple the volume sold by Volkswagen Group and its three models. The Italian-American automaker lost ground in most of the segments where it operates.
FCA’s plan B is to look even further in both terms, time and space. While the French decide what to do, Manley and his guys should start looking for partners in China.
If the Renault board accepts the merger proposal made by FCA, the new group would not only become the world’s third largest carmaker but it would also lead the global market’s key segments.
FCA underperformed in the industry during the quarter. The group posted the seventh largest revenue with €24.48 billion.
The latest moves and news of the industry indicate that FCA and Tesla might be closer than what they think. Both companies face issues that could be the beginning of […]
By adding its 2018 volume in Europe and considering the super credits policy, the initial impact of this operation would be a penalty saving of 630 million euros.
Fiat Chrysler has been having conversations with PSA top management looking for any kind of strong collaboration between them. The talks aim to close a deal that would go beyond […]
It was a quite challenging year for the global car industry and its players. The trade tensions among the biggest economies, the political changes occurring in key markets, and the […]