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Chevrolet Volt, Fiat 500 Named Top Flops of 2011
Efficiency is the new black for automakers and consumers alike. Even Porsche customers can get their gas guzzling Cayenne fix in a more efficient hybrid now or diesel soon, which is why it might come as a surprise that two new fuel-efficient guppies in the veritable ocean that is the U.S. car market seem to be floundering.
Fiat 500's Slow Sales Leads To Chrysler Worker Layoffs
Slow sales by Fiat are causing layoffs for workers in Chrysler‘s Global Engine Manufacturing Alliance Plant in Dundee, Mich., responsible for building the 1.4-liter FIRE engine used in the 500.
Fiat Asks Chrysler To Increase Freemont Production
Fiat has asked Chrysler to boost Freemont output after European demand soars for the rebadged Dodge Journey. Last June, with the Freemonts introduction, Fiat hoped to sell 13,000 of the minivans this year, however the automaker has already collected 15,700 orders. Fiat planned to sell 33,000 Freemonts in 2012 and as a result, Fiat was promised 3,000 Freemonts a month from Chryslers plant in Toluca, Mexico. With the high demand for the minivan, Chrysler boosted production to 4,067 units in June.