FCA chairman John Elkann confirms that Sergio Marchionne sent Mary Barra an email to suggest a merger.
Episode #374 of the Autoblog podcast is here, and this week, Dan Roth, Mike Harley and Steven Ewing talk about the speculation about big-time consolidation in the automotive industry, Toyota teasing an announcement about the Camry, the David Brown Automotive Speedback, and the upcoming $8,000 Volkswagen. We start with what's in the garage and finish up with some of your questions, and for those of you who hung with us live on our UStream channel, thanks for taking the time. Check out the new run
In 2006, Ford began to shrink its dealership network in order to more efficiently align its distribution network. Three years later, it appears that the hardest hit are the company's stand-alone Lincoln-Mercury dealerships. While there were 619 Lincoln-Mercury dealerships nationwide just a few years ago, the number had dwindled down to just 357 at the beginning of 2009.
Chrysler's restructuring plan and new plan for product development named Project Genesis is facing some expected criticism from many dealers. However, others are praising the cost-cutting, model-trimming and dealer-consolidation program that's happening as a result. As Chrysler pressures its traditional dealer network to sell all three brands (Chrysler, Jeep and Dodge) under one roof – without any financial assistance to help those already struggling with slow sales – many dealers ar
Among the many ills plaguing automakers, and General Motors in particular, is an excessive amount of dealers selling their wares through competing outlets. GM has decided to rectify the matter by combining its top three "luxury" marques – Cadillac, HUMMER and Saab – into megastores that aim to provide consumers with a variety of choice without watering down each brand's distinct niche.