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In 2009, in the midst of the global financial crisis, after Daimler washed its hands of the bankrupt Chrysler and pulled out of the DaimlerChrysler joint venture — and as Cerberus was desperately trying to peddle its struggling asset — Fiat’s fearless leader stepped...

The U.S. has irked a major oil exporter, and some fear its withdrawal from the Iran nuclear deal could prompt a pop in gas prices. Historically, such a cost trajectory has precipitated change in the auto industry’s sales mix from trucks or SUVs to fuel-efficient cars. Who Should...

With the exception of a Jeep-driven Fiat Chrysler Automobiles NV (NYSE: FCAU), just about every U.S. automaker reported year-over-year sales declines. But this April’s two fewer selling days lent a “solid excuse,” according to Karl Brauer, executive publisher for Autotrader and...

Ford Motor Company (NYSE: F) announced Wednesday it will pare its North American car portfolio to just two vehicles. The Mustang and Focus Active crossover will survive the transition, which eliminates investment in next-generation models of the Fusion, Focus, Taurus and Fiesta. “We are...

The auto industry wasn’t expected to do so well coming off 2016’s record sales. But it seemed to hold its own this December. All but one automaker outperformed Kelley Blue Book’s monthly estimates, which forecast negative growth across the board in what still amounted to the...

At first glance, the slew of storms striking the Gulf and southeast appears wholly adverse to the auto industry. Local drivers suffer vehicle destruction and elevated gas prices. Fuel stations service fewer visitors. Resale consumers are duped into purchasing flood vehicles. Insurance firms see a...

Ford Motor Company (NYSE: F) announced plans to have a fleet of fully autonomous vehicles on the streets by 2021. Ride-hailing and ride-sharing companies like Uber and Lyft will be among the first to gain access to these long-awaited tech wonders. Individual customers will have to wait at least...

Certain auto loan numbers are stirring fear of a credit bubble. Earlier this month, Benzinga reported on Morgan Stanley analyst Adam Jonas' comment that the auto industry is in its largest loan bubble ever. AutoTrader senior analyst Michelle Krebs discounted worries of an auto credit...

Despite strong October sales numbers, Ford Motor Company (NYSE: F) fell short of peers. News of Ford’s end-of-year sale leaked in late October, and buyers likely delayed purchases as a result. The delayed purchases could drive Fords November/December sales even higher. Despite...

July was an overwhelmingly positive month for automakers. As companies released U.S. sales figures on Monday, widely expanded revenues and margins seemed to be the theme of the day. But not everyone was joining in on the fun. BMW was one of the weaker performers, with only a 2.1 sales increase...