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August 16, 2017 FacebookTwitterFlickrRSSSEND TO A FRIENDPRINT
Inside this issue
NAFTA Redo Could Lead to Tariffs on U.S.-Built Cars
What’s the Best Kind of Deal for Fiat Chrysler?
Are We Coping with Falling Used-Car Prices? Depends Whom You Ask
FCA Makes Big Jump into Autonomous Car Race
Top Stories
NAFTA Redo Could Lead to Tariffs on U.S.-Built Cars

A Dodge Durango or a Chevrolet Impala — domestic vehicles assembled by American workers in Detroit — could be hit with import tariffs as President Donald Trump’s administration opens new negotiations over the North American Free Trade Agreement.
Source: The Detroit News

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What’s the Best Kind of Deal for Fiat Chrysler?

There are more plausible outcomes for Jeep owner Fiat Chrysler than a sale to a Chinese company

Fiat Chrysler Automobiles seems more likely to be broken up than sold to a Chinese company—and even a breakup is no sure bet. The American-Italian car maker’s shares surged 8.5% Monday in New York on an unconfirmed report in Automotive News, a Detroit-based trade paper, that it had rebuffed a bid from an unnamed Chinese peer. It is plausible that a Chinese car maker would want to buy FCA. Chinese companies went on a buying spree last year in both the U.S. and Germany.
Source: The Wall Street Journal

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Are We Coping with Falling Used-Car Prices? Depends Whom You Ask

Used-vehicle prices are softening under a relentless increase in supply, largely fueled by more off-lease vehicles. But analysts for Manheim and ADESA say that the wholesale used-car market has held up quite well, thank you, despite that pricing pressure. Try telling that to Hertz or Avis Budget. Both rental giants released second-quarter results last week, and the blood was on the floor.
Source: Automotive News

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FCA Makes Big Jump into Autonomous Car Race

Fiat Chrysler Automobiles NV is throwing itself into the autonomous vehicle race after years of watching its two Detroit rivals vie for leadership — and it’s doing it with formidable partners: BMW Group and Intel Corp.
Source: The Detroit News

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Quotable
"In order to advance autonomous driving technology, it is vital to form partnerships among automakers, technology providers and suppliers."

    -- FCA CEO Sergio Marchionne, The Detroit News, August 16

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