Corporate News

The Latest: Fiat Chrysler CEO says 3 new SUVs in the works

Jan 16, 2018

Fiat Chrysler CEO Sergio Marchionne says three new SUVs are in the works, including sporty versions from Alfa Romeo and Ferrari and a Chrysler based on the Pacifica minivan

Jeep updates Cherokee compact SUV to compete in hot market

Jan 16, 2018

Fiat Chrysler's Jeep brand is giving the Cherokee compact SUV a major face-lift; CEO hints at three new SUVs and campaign to grow sales in Europe

Citigroup reports $18.3 billion loss, caused by new tax law

Jan 16, 2018

Accounting charge related to tax law sends Citigroup to a $18.3 billion loss in the fourth quarter

China's GAC to scrap Trump-sounding brand for US market

Jan 16, 2018

Chinese automaker GAC Motor will scrap the Trumpchi brand name it uses in China when it enters the U.S. market next year because it could be confused with President Donald Trump's surname

New Jetta, SUVs and peek at future cars at Detroit auto show

Jan 15, 2018

Brawny pickups, future SUVs and a nostalgic Mustang compete for attention at Detroit auto show

CVS Pharmacy promises to end touchups of its beauty images

Jan 15, 2018

Pharmacy giant CVS says it has a responsibility to think about sending messages of unrealistic body images to girls and young women and will stop significant touchups of images used in its advertising for beauty products

The Latest: China's GAC on track to enter US late in 2019

Jan 15, 2018

Chinese automaker GAC Motor says it's on track to enter the U.S. market in the fourth quarter of next year

FCA's Marchionne says new CEO will be named this year

Jan 15, 2018

Fiat Chrysler CEO Sergio Marchionne says company will name a new CEO later this year

New pickups from Ram, Chevy heat up big-truck competition

Jan 15, 2018

The competition for full-size pickup truck customers in the U.S. is heating up as Ram and Chevrolet roll out brawny-looking new models at the Motor City's auto show

CEO: Mercedes may miss emission goal if electrics don't sell

Jan 15, 2018

If customers don't buy electric and more efficient cars and trucks, then Mercedes may not be able to meet government-imposed carbon dioxide emissions standards across the globe, its top executive says