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Fintech Focus For September 7, 2020
Sunday, September 6, 2020 - 4:51pm | 2051Quote Of The Day: Two armies that fight each other is like one large army that commits suicide. - Henri Barbusse Fintech Movers: The European fintech scene has experienced tremendous growth over the last few years. One of the key drivers of this growth is open banking. This is causing financial...
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Fintech Focus For August 24, 2020
Sunday, August 23, 2020 - 12:13am | 2395Quote Of The Day: Don't judge each day by the harvest you reap but by the seeds that you plant. - Robert Louis Stevenson Fintech Movers: A group of Congressional lawmakers have sent a letter to the Internal Revenue Service (IRS) that urges the U.S. tax agency to write policy that does not...
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Detroit's Automakers Are Stepping Up Their Truck Game
Tuesday, August 4, 2020 - 12:01pm | 837As we enter the second half of 2020, the Fiat Chrysler Automobiles (NYSE: FCAU), General Motors (NYSE: GM) and Ford Motor Company (NYSE: F) are stepping up their game in the truck and SUV segment. Despite the fact we are still far from beating the COVID-19 pandemic, the automakers are increasing...
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Manley Takes The Wheel At Fiat Chrysler Sooner Than Expected As Marchionne Exits On Failing Health
Monday, July 23, 2018 - 8:19am | 458Fiat Chrysler Automobiles NV (NYSE: FCAU) announced Saturday that outbound CEO Sergio Marchionne, who had been phasing out of his 14-year leadership, wouldn't return to his role after suffering complications from surgery. The board appointed Mike Manley, the former head of Jeep and Ram who had...
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Report: FCA Supplier Emails Betray Strategy To Cheat Emissions Tests
Friday, May 18, 2018 - 12:23pm | 308Fiat Chrysler Automobiles NV (NYSE: FCAU) traded down 2.2 percent Friday following the release of correspondence suggesting intentional cheating in diesel emission tests on Jeep and Ram models, according to Bloomberg. Supplier emails disclosed in court this week discussed the illegal use of...
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Considering The Possibilities Of A Fiat Chrysler Break Up
Wednesday, August 23, 2017 - 12:01pm | 401Fiat Chrysler Automobiles NV (NYSE: FCAU) was trading higher Wednesday on news suggesting a potential spinoff of its Maserati line and other parts. Jefferies analysts Philippe Houchois and Ashik Kurian had been excited even ahead of reports, when the market passed mere speculation of interest by...
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Fiat Chrysler's October U.S. Sales Fell 10%
Tuesday, November 1, 2016 - 11:06am | 232Fiat Chrysler Automobiles NV (NYSE: FCAU) reported its October 2016 U.S. sales data on Tuesday. Here is Fiat Chrysler's sales report for the prior month. Fiat Chrysler sold a total of 176,609 units in October. Total October sales were 10 percent lower compared to October 2015. Ram...
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Fiat Chrysler Shares Trade Lower Despite 3% August Sales Increase
Thursday, September 1, 2016 - 2:01pm | 215Fiat Chrysler Automobiles NV (NYSE: FCAU) bucked the overall trend to report 3 percent growth in unit sales to 196,756 in the United States in August. However, the stock traded down on Thursday. The company disclosed retail sales total 150,153 vehicles, whereas fleet sales accounted for 46,603...
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Chrysler And Ford Earnings: Following In GM's Footsteps?
Sunday, April 24, 2016 - 4:38pm | 725Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...
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August Auto Sales Roundup: GM, Ford, Fiat Chrysler And More
Tuesday, September 1, 2015 - 3:22pm | 873U.S. auto manufacturers and international manufactures that sell their cars in the U.S. market publish previous month's sales data on the first day of every month. General Motors' August U.S. Sales Fell 0.7 Percent General Motors Company (NYSE: GM) saw its total U.S. auto sales fall 0.7 percent...
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KBB's 5 Coolest Cars Under $18,000
Friday, May 22, 2015 - 2:50pm | 439For each of the past 12 years, Kelly Blue Book has released its annual “Coolest Cars Under $18,000” list, a subjective ranking of the coolest and most affordable new cars on the market according to KBB editors. Here’s a rundown of the top five coolest cars according to this year...
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Auto Roundup: March Retail Sales Mostly Showing Deceleration From Last Year
Wednesday, April 1, 2015 - 11:13am | 564Auto manufacturers on Wednesday released U.S. March retail sales data which mostly showed deceleration in sales. Here is a breakdown. General Motors: Total Sales Down 2 Percent General Motors Company (NYSE: GM) reported that it delivered 249,875 vehicles in March in the U.S., representing a...
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Fiat Chrysler Reports December U.S. Auto Sales Rose 20%
Monday, January 5, 2015 - 11:02am | 185Fiat Chrysler Automobiles NV (NYSE: FCAU) on Monday reported U.S. December sales rose 20 percent from a year ago, as the company sold 193,261 total vehicles. December's sales data marked the company's best December in a decade and marks the 57th consecutive month of year-over-year sales...
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Fiat Chrysler Reports Better-Than-Expected Sales Growth In November
Tuesday, December 2, 2014 - 10:05am | 265Fiat Chrysler Automobiles NV (NYSE: FCAU) reported on Tuesday it sold 170,839 units throughout November, marking a 20 percent increase compared to the 142,275 units it sold in the same month a year ago. November's sales report marks the company's 56th consecutive month of year-over-year...
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3 Most Potentially Hackable Cars
Monday, August 11, 2014 - 4:35pm | 797If you drive a 2014 Jeep Cherokee, Infiniti Q50 or a 2015 General Motors (NYSE: GM) Cadillac Escalade, you may not be as in control behind the wheel as you think you are. These three automobiles were dubbed “most hackable” by researchers, Charlie Miller and Chris Valasek, in a...