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New pickups from Ram, Chevy heat up big-truck competition
Economy
Published in 17-1-2018
    878 Visits
DETROIT - The competition for full-size pickup truck customers in the U.S. is as rough-and-tumble as ever, with Ram and Chevrolet rolling out brawny-looking new models that are larger, lighter and more efficient than their predecessors. For the first time in recent memory, two Detroit automakers are introducing new big trucks at the Motor City's auto show at the same time, in a hot sales mark ...>>
Reference: www.chron.com
FCA's Marchionne says new CEO will be named this year
Economy
Published in 17-1-2018
    198 Visits
DETROIT - Fiat Chrysler CEO Sergio Marchionne says he'll step down next year after leading the combined company since 2009. Marchionne, 65, told media at the Detroit auto show that FCA will release a business plan through 2022 around June. The company will announce his successor sometime after that. Candidates include Mike Manley, who leads the company's Ram and Jeep brands, and Reid Big ...>>
Reference: www.chron.com
Davos organizers: Trump to make last-day address at forum
Economy
Published in 17-1-2018
    641 Visits
GENEVA - President Donald Trump will deliver the closing address at the elite World Economic Forum conference in Davos next week, which focuses on "finding ways to reaffirm international cooperation on crucial shared interests," forum organizers announced Tuesday. The WEF says international security, the environment and the global economy will be the key topics at the annual meeting of business le ...>>
Reference: www.chron.com
New pickups from Ram, Chevy heat up big-truck competition
Economy
Published in 17-1-2018
    402 Visits
DETROIT - The competition for full-size pickup truck customers in the U.S. is as rough-and-tumble as ever, with Ram and Chevrolet rolling out brawny-looking new models that are larger, lighter and more efficient than their predecessors. For the first time in recent memory, two Detroit automakers are introducing new big trucks at the Motor City's auto show at the same time, in a hot sales mark ...>>
Reference: www.chron.com
Jeep updates Cherokee compact SUV to compete in hot market
Economy
Published in 17-1-2018
    1021 Visits
DETROIT - Fiat Chrysler's Jeep brand is giving the Cherokee compact SUV a major face-lift so it can better compete in one of the hottest parts of the U.S. automotive market. The 2019 Cherokee, unveiled Tuesday at the Detroit auto show, gets styling tweaks, a new engine, suspension improvements and engineering changes that save 200 pounds and improve gas mileage over the current model. After t ...>>
Reference: www.chron.com
FCA's Marchionne says new CEO will be named this year
Economy
Published in 17-1-2018
    237 Visits
DETROIT - Fiat Chrysler CEO Sergio Marchionne says he'll step down next year after leading the combined company since 2009. Marchionne, 65, told media at the Detroit auto show that FCA will release a business plan through 2022 around June. The company will announce his successor sometime after that. Candidates include Mike Manley, who leads the company's Ram and Jeep brands, and Reid Big ...>>
Reference: www.chron.com
New small cars unveiled at auto show, but will anyone buy?
Economy
Published in 17-1-2018
    697 Visits
DETROIT - Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte. But cars - particularly small ones - are having a tough time getting buyers to look their way as SUVs grow in popularity. Car sales are expected to hit a record low this year after steadily declining for several years. ...>>
Reference: www.chron.com
Davos organizers: Trump to make last-day address at forum
Economy
Published in 17-1-2018
    414 Visits
GENEVA - President Donald Trump will deliver the closing address at the elite World Economic Forum conference in Davos next week, which focuses on "finding ways to reaffirm international cooperation on crucial shared interests," forum organizers announced Tuesday. The WEF says international security, the environment and the global economy will be the key topics at the annual meeting of business le ...>>
Reference: www.chron.com
Jeep updates Cherokee compact SUV to compete in hot market
Economy
Published in 17-1-2018
    875 Visits
DETROIT - Fiat Chrysler's Jeep brand is giving the Cherokee compact SUV a major face-lift so it can better compete in one of the hottest parts of the U.S. automotive market. The 2019 Cherokee, unveiled Tuesday at the Detroit auto show, gets styling tweaks, a new engine, suspension improvements and engineering changes that save 200 pounds and improve gas mileage over the current model. After t ...>>
Reference: www.chron.com
New small cars unveiled at auto show, but will anyone buy?
Economy
Published in 17-1-2018
    682 Visits
DETROIT - Among the many shiny models vying for attention at Detroit's North American International Auto Show are the revamped Volkswagen Jetta, Hyundai Veloster and Kia Forte. But cars - particularly small ones - are having a tough time getting buyers to look their way as SUVs grow in popularity. Car sales are expected to hit a record low this year after steadily declining for several years. ...>>
Reference: www.chron.com
U.S. auto sales dropped in 2017 but remain strong
Economy
Published in 10-1-2018
    800 Visits
DETROIT - The U.S. auto industry's historic growth streak has ended, but demand for new vehicles - especially SUVs - remains healthy as the new year begins. U.S. auto sales fell 2 percent to 17.2 million in 2017, according to Autodata Corp. It was their first year-over-year decline since 2009, ending an unprecedented seven-year expansion. General Motors, Toyota and Ford all reported a 1 perce ...>>
Reference: www.chron.com
U.S. businesses add 250,000 jobs, survey says
Economy
Published in 10-1-2018
    428 Visits
WASHINGTON - U.S. companies closed out 2017 with strong hiring in December, adding the most jobs in nine months. Payroll processor ADP said Thursday that businesses added 250,000 jobs last month, up from 185,000 in November. The gains were led by robust hiring in health care, professional services such as accounting and engineering, and retail. The figures suggest that businesses are optimistic ab ...>>
Reference: www.chron.com
5 ways to assess whether the GOP tax plan is delivering
Economy
Published in 10-1-2018
    922 Visits
WASHINGTON - If President Donald Trump and his Republican allies are right, the $1.5 trillion tax cut plan they sped into law last month will make individuals and businesses more prosperous. Paychecks will grow. Stocks will surge further. Consumers will spend more. The economy will accelerate. Critics counter that the tax plan will mainly enrich the already wealthy and swell corporate profits whil ...>>
Reference: www.chron.com
Black unemployment falls to lowest level on record
Economy
Published in 10-1-2018
    393 Visits
Black unemployment fell to 6.8 percent in December, the lowest ever recorded by the U.S. Labor Department since it began tracking the black unemployment rate in 1972. Economists say it's a sign the recovery from the Great Recession is finally starting to help a wider swath of the population. During the aftermath of the financial crisis, black unemployment soared to 16.8 percent in 2010, meani ...>>
Reference: www.chron.com
In auto industry home, Michigan tries to accommodate bikes
Economy
Published in 10-1-2018
    662 Visits
LANSING, Mich. - In the capital of the U.S. auto industry, drivers have been slow to accept that more Americans are choosing bicycles over cars for commuting or for fun and exercise. While other states adopted bike-friendly safety laws to accommodate cycling's soaring popularity, Michigan steered clear of the trend and watched as more riders got killed by cars. Now lawmakers are trying to mak ...>>
Reference: www.chron.com


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