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(Reuters) — U.S. automakers are ramping up promotions ahead of Black Friday to clear out bulging inventories and dispel investor doubts about consumer demand. U.S. automakers are ramping up promotions ahead of Black Friday to clear out bulging inventories and reassure investors that business is solid. The biggest promotions are on sedans, compact cars, and sports cars as consumers shift to pickup trucks and SUVs. Shares of General Motors, Ford Motor, and Fiat Chrysler are […]
DETROIT , United States (AFP) — Self-driving cars could hit roads within five years, the head of Fiat Chrysler Automobiles said Friday, days after the company announced an alliance with Google parent Alphabet. Chief executive Sergio Marchionne declined to disclose financial details of the partnership or a timetable for building minivans that will expand the Internet company’s test fleet of autonomous vehicles. “It’s not sort of ‘pie-in-the-sky,’ the thing is real and it’s coming,” Marchionne […]
