FCA has become the new holding company of the group and owns 100% of Fiat Group Automobiles S.P.A. and 100% of Fiat North America LLC, which in turn, owns 100% of Chrysler Group LLC. The transaction has no impact on the ratings as it does not …
… nearly everything from baby formula to automobiles — needed campaign headquarters, do you know where it decided to locate? That's right. In The Lux, a building that does not have to pay sales tax on materials used in its conversion to luxury …
Where we last left off with Edward Smith, the self-proclaimed “mecaphile” was likely in between schtupping luxury sedans. The 62-year-old, Washington state native has openly admitted to his sexual proclivity–that of the “I want to bang automobiles …
About a month ago, Ferrari's longtime Chairman, Luca di Montezemolo, announced that he would be stepping down after several decades in the role, effective when Fiat Chrysler Automobiles (FCA), Ferrari's parent company, listed on the New York Stock …
I shake my head as I drive down the street in my Toyota and see three luxury cars in a garage. I wonder how many of them are financed. It's easy to have well over $150,000 invested in rapidly depreciating automobiles. With so many long-term auto loans …
The Detroit automaker's debut Monday on the New York Stock Exchange, this time as part of the Italian-controlled Fiat Chrysler Automobiles NV, marks the emphatic revival of a company once so irretrievably broken that CEO Sergio Marchionne got its …
That reasonable price could withstand a slight increase to pay for the luxury goodies the car needs. It's as if the product planners at Acura believe that buyers don't need such frills. And perhaps we don't. But we want them, don't we? Promising …
Carlos Powell's drug ring allegedly laundered profits and purchased $800,000 worth of jewelry, real estate in Michigan and Georgia and luxury vehicles, including two Bentleys, a Ferrari, a Rolls Royce and boats. Most have been seized. A fourth man …
And that creates a problem for the elitist one percenters of the world, who are faced with an unusual dilemma: own a smartphone that even their chauffeurs may afford or turn to a proper luxury device. For those who can pay €12,500 for a smartphone and …