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Fiat Chrysler investing additional $266M in Kokomo to increase capacity for 8-speed transmissions

Green Car Congress

With sales of vehicles equipped with the popular eight-speed transmission growing, FCA US LLC (the new name for Chrysler Group LLC) will invest an additional $266 million in its Kokomo Transmission Plant (Ind.) Eight-speed transmission housings move down the assembly line at Kokomo Transmission Plant. Click to enlarge.

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Kelly Blue Book: EV prices increased slightly in March, bucking general downward trend

Green Car Congress

For comparison, a year ago in March 2022, the average ATP was nearly $1,000 over MSRP. Most non-luxury brands—including Chevrolet, Chrysler, Dodge, Ford, Hyundai, Kia, Nissan and Volkswagen—saw ATP declines between 0.2% For comparison, in March 2018, the luxury share was 14.0% month over month in March.

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Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

” By comparison, multinational automaker and Dodge-Chrysler parent company Stellantis paid a total compensation of 36.5 million a year,” Fain said (via Automotive News ). “Let’s be clear: this is corporate greed, plain and simple.” million euros ($39.5 million.

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Consumer Reports Lists Least/Most Expensive Car Brands to Maintain

The Truth About Cars

From Consumer Reports : The comparison for fresher cars is muddied because a number of brands, including BMW and Toyota, offer free maintenance periods on new cars. Brands here included Dodge, Jeep, Chrysler, Volkswagen, Cadillac, Ram, Lexus, GMC, Subaru, Mini, and Acura.

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Former CEO of GM China Group Phil Murtaugh joins Pinnacle Engines board; first engines launch in Asia this year

Green Car Congress

With previous professional experience as CEO of Asian Operations for Chrysler Group and the CEO of General Motors China Group, Murtaugh provides keen insight into Pinnacle’s planned expansion in 2014, focused heavily on Asian markets.

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Auto industry spent less on advertising in 2022; Tesla already spends $0

Teslarati

Notably, the Stock Apps study backed up data published in October 2021 by Visual Capitalist which shared an R&D spending comparison between Tesla, Ford, Toyota, General Motors, and Chrysler. According to a study by StockApps.com, Tesla recorded the highest R&D spend per car sold at $2,984 as of March 2022.

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DSM introduces Stanyl HGR1 to cut frictional torque in auto engine timing systems; reduced fuel consumption

Green Car Congress

In comparison to PA66, Stanyl HGR1 delivered 10% lower frictional torque within the critical engine speed range between 650 and 1800 rpm. Stanyl HGR1 polyamide 46-based material has already made its market debut on the latest version of the Pentastar V6 engine, built by Fiat Chrysler America (FCA) and fitted to numerous vehicles.

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