Chrysler's $5B Debt Refinancing to Save $390M
Fiat Chrysler will raise nearly $5 billion in private bond financing and loans to pay off the UAW trust and close out the merger, a move expected to save the automaker $390 million by 2016.
Fiat Chrysler will raise nearly $5 billion in private bond financing and loans to pay off the UAW trust and close out the merger, a move expected to save the automaker $390 million by 2016.
The Mazda3 has established itself as a sporty, stylish and grown-up version of the long-forgotten 323. Completely redesigned for 2014, the new car meets and exceeds the expectations set by the second-generation model.
To compete against the Toyota Tacoma, Nissan Frontier and the more carlike Honda Ridgeline, GM plans to deliver class-leading power, payload and towing capacity with the 2015 Chevrolet Colorado.
The Audi A3 sedan will debut early this year as a 2015 model and compete against the new Mercedes-Benz CLA-Class for an identical starting price of $29,900.
Toyota has introduced the 2014.5 model-year Toyota Camry Hybrid SE Limited Edition as its third Camry battery-electric hybrid that offers sportier styling, according to the automaker.
The 2014 Ram 1500 EcoDiesel pickup truck has received the highest-ever highway fuel economy from the U.S. Environmental Protection Agency, according to data released Tuesday.
Honda recently announced the availability of the Civic Hybrid for the 2014 model year. The new model has an improved EPA rating of 44/47/45 city/highway/combined, up from the 2013 model's 44/44/44.
Mercedes-Benz recently premiered its new V-Class. The MPV will be available for ordering in Germany beginning in March ahead of the full market launch in late May.
The Dutch utility Cogas introduced the corporate car sharing solution fleetster in August 2013 to manage a pool of nine cars.
This technology is aimed at improving road safety by allowing vehicles to "talk" to each other to avoid crashes.
BMW has released its fleet incentives for 2015 model-year vehicles that range from $800 to $6,500. The incentives, which also apply to 2014 model-year vehicles unless noted, went into effect on Feb. 1 for commercial vehicles managed by fleet management companies.
The car-sharing market in Seattle has been the fastest growing in the U.S. since December of 2012, when Daimler's car2go North America set up shop in the city, according to Daimler.
Telogis has introduced Fleet 11, the latest major upgrade to its cloud-based fleet management software platform.
GM has released the 2015 Chevrolet Silverado and GMC Sierra HD lineup. The vehicles feature a number of updates over the previous model, including higher payload and towing capacities and alternative-fuel options.
The redesigned 2014 MINI Cooper will start at $20,745, while the MINI Cooper S gets a $24,395 base price, MINI USA has announced.
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