Pickups, SUVs and crossovers dominated strong auto sales in 2017

Robot vehicles might rip apart the business model of the car industry in the coming years, but for now, automakers are still selling lots of cars and light trucks. U.S. sales for 2017 are expected to come in at 17.2 million vehicles, to be adjusted slightly up or down this week as more companies report their… Please follow and like us:

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Ford sales rose in December on strength of pickups; Fiat Chrysler and GM fall

DETROIT — Ford’s U.S. sales rose 0.9 percent in December, fueled by 89,385 F-Series pickup trucks. Fiat Chrysler sales fell 11 percent while General Motors dropped 3.3 percent. For perspective, Ford sold more than twice as many large pickups as the total of all Ford passenger cars sold in the month, 44,871. At Fiat Chrysler, Jeep… Please follow and like us:

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Struggling Mattel warns of slumping holiday sales as debt ratings are cut

Mattel Inc.’s struggles deepened Monday as the toymaker warned of slumping holiday sales as its debt was downgraded by the major credit-rating firms. Mattel said in a securities filing that its fourth-quarter sales would be “negatively impacted” because of “certain underperforming brands” and because retailers were tightly controlling their inventories this holiday season. As a result,… Please follow and like us:

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Fiat Chrysler earns $1.07B in record 3rd quarter

DETROIT — Fiat Chrysler Automobiles reported earnings of $1.07 billion (910 million euro) in the third quarter, an increase of 50 percent over the same period a year ago. The automaker, which has its U.S. headquarters in suburban Detroit, touted a record third-quarter, citing a drop in expenses related to debt reduction, strong performance in North… Please follow and like us:

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Consumer Reports: Buick top 10 most reliable; Ford and Fiat Chrysler improve

DETROIT — When it comes to reliability, Ford and Fiat Chrysler have improved their performance ratings among drivers while General Motors has slipped. Still, GM’s Buick is the only U.S. brand to make Consumer Reports’ latest top 10 list of most reliable brands. The new Chevrolet Bolt electric car was GM’s most reliable model, scoring “above… Please follow and like us:

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The Coca-Cola Company Announces Senior Leadership Appointments

The Coca-Cola Company Announces Senior Leadership Appointments Buz Investors Coca-Cola Company Announces Senior Leadership – The Coca-Cola Company today announced a number of senior leadership appointments to drive its ongoing transformation into a growth-oriented, consumer-centered, total beverage company. Key changes, which will be effective when President and COO James Quincey becomes Chief Executive Officer on May… Please follow and like us:

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