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All posts tagged "Markettrends"

Analysts warn United Auto Workers strike will drive up car prices if it doesn’t end soon

Analysts warn United Auto Workers strike will drive up car prices if it doesn’t end soon

A historic auto workers’ strike at three Midwestern factories entered its second day on Saturday with one major question looming over the U.S. economy: Will the work stoppage drive up car costs and fuel simmering inflation across other industries? Some 13,000 workers have walked off plants that build some of the most popular American-made cars. The targeted stoppage — the first time the United Auto Workers have launched a simultaneous strike against each of Detroit’s Big Three auto brands — is seen as likely to last and could expand to more plants. The strike is led by workers bitter that thei......
Stellantis has plans to elevate its Italian brands in North America. Here's how

Stellantis has plans to elevate its Italian brands in North America. Here's how

Selling low volumes of vehicles may be a counterintuitive approach for brands that have struggled to make their mark in North America, but that's the plan to elevate Stellantis NV's Italian brands here, according to their executives. They want to position Alfa Romeo, Fiat and Maserati as the company's upscale offerings compared to its mass-market U.S. brands like Chrysler, Dodge, Jeep and Ram. Stellantis officials say pushing vehicles with incentives to generate volume has cost the Italian brands their cachet and quality in the past. Now as the brands introduce new electrified vehicles, the vi......
Chrysler to go all-electric by 2028, target millennial women

Chrysler to go all-electric by 2028, target millennial women

The Chrysler brand will abandon gas-powered vehicles for a bigger, all-electric lineup with SUVs by 2028 in its attempt to stave off demise at the end of the decade. The Stellantis NV make on Wednesday will give a greater glimpse into that future during the CES trade show in Las Vegas. It's set to detail more about the sleek, electric Airflow five-passenger concept crossover offering a 350-to-400-mile range, according to the automaker — its first look at a new vision designed with millennial female customers in mind. Buyers shouldn't expect a production model of the Airflow just yet, though. T......
Pitchman and innovator Ron Popeil dies at 86

Pitchman and innovator Ron Popeil dies at 86

But wait — there’s no more. Salesman, marketing visionary and inventor Ron Popeil wrapped up a colorful life Wednesday morning, according to TMZ, which reports that the 86-year-old Ronco founder died in a Los Angeles hospital after an unspecified medical emergency. Known as well for his creative spirit as his ability to sell the items he sometimes made, Popeil is credited for introducing the world to the Pocket Fisherman, Mr. Microphone, Hair in a Can and Showtime Rotisserie & BBQ. He made famous phrases like “But wait, there’s more” and “Set it, and forget it.” In a 2006 interview with Forbes......