With the exception of a few major projects for its Jeep and Ram brands, FCA has slowed some product development activities while trying to hit aggressive financial targets for 2018 that the automaker set in 2014.
The list of semifinalists for the 2018 North American Car, Truck and Utility of the Year Awards has a few surprises: Alfa Romeo is up for two awards, no Detroit 3 brand cars made the cut, Tesla decided not to participate and only three trucks qualified.
The Texas ports of Galveston and Freeport reopened Thursday and will receive their first vehicle carriers since shutting down six days ago because of Hurricane Harvey. A handful of vessels were forced to hold offshore during the storm, logistics officials say.
Fiat Chrysler is considering spinning off Maserati and Alfa Romeo as well as its components operations as it seeks to focus on mass-market cars to make FCA more attractive for a potential combination, Bloomberg reported.