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Larry P. Vellequette

Fiat Chrysler, VW reporter
Address: 1155 Gratiot Ave.
48207 Detroit, Mich.
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Phone: 313-446-0478
E-Mail: lvellequette@crain.com
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Recent authored articles

Subaru may feel pinch with falling inventory

Subaru's inventory level fell to 26 days on Aug. 1, its lowest point of the year and the lowest for any brand or automaker so far in 2018.

As sales slip, factories stay disciplined

Automakers have so far dealt with the downturn in an adult manner — anxious, apparently, to preserve the health of the market even at lower volume.

Audi leans on crossovers, including an EV

Audi is upping the ante on crossovers, with plans for a new sportback and battery-electric models

FCA: A record month for Jeep

Record sales of the Jeep Wrangler, Cherokee and Compass pushed FCA US deliveries up 5.9 percent in July to 170,970.

VW-AUDI: A lift from expanded crossover roster; Audi rolls on

Volkswagen's U.S. sales rose 13 percent in July to 30,520 on more growth from its expanded crossover lineup. U.S.

Smarts, ambition and discipline vault Mike Manley to the top

Mike Manley's history working in dealerships in the U.K. and later with FCA's dealers gives him an advantage as he succeeds Sergio Marchionne as CEO of FCA.

Dealers give Manley a strong vote of confidence -- and a few requests

FCA's new CEO has a lot on his plate, but struggling dealers hope he'll be the right guy to address their difficulties with profitability and logistics.

When the cost-cutting man comes to call

Sourcing a lower cost Jeep part caused one supplier to close and another to open.

China, product lineup top Manley's to-do list

New FCA CEO Mike Manley worked at Sergio Marchionne's side for nine years, so he is no stranger to the daunting set of challenges facing the world's seventh-largest automaker.

Sergio, the skeptic

Former Fiat Chrysler Automobiles CEO Sergio Marchionne's illness and

Marchionne suffered embolism during cancer surgery, Italian report says

Former FCA CEO Sergio Marchionne suffered an embolism while undergoing an operation for an invasive shoulder sarcoma, causing irreversible damage to his brain function, an Italian business website reported Tuesday.

Marchionne suffered embolism during cancer surgery, Italian report says

UPDATED: 7/25/18 7:05 am ET - adds Marchionne's death

Former FCA CEO Sergio Marchionne suffered an embolism while undergoing an operation for an invasive shoulder sarcoma, causing irreversible damage to his brain function, an Italian business website reported Tuesday.

Audi dealership builds trust with tablet-based sales

Though it just opened in November, Audi Wesley Chapel in suburban Tampa, Fla., is already overperforming using a tablet-based, nonconfrontational sales process.

FCA's new CEO a 'solid dealer guy'

Mike Manley, the second CEO of Fiat Chrysler Automobiles, has received intensive on-the-job training at Sergio Marchionne's side for nine years and has years of practice running operations around the globe.

What dealers, union leaders are saying about FCA's new CEO

Dealers and union leaders viewed FCA's choice of Mike Manley to succeed Sergio Marchionne -- even under the circumstances -- in positive terms.

FCA's new CEO a 'solid dealer guy'

Mike Manley, the second CEO of Fiat Chrysler Automobiles, has received intensive on-the-job training at Sergio Marchionne's side for nine years and has years of practice running operations around the globe.

Convalescing Marchionne likely to miss FCA Q2 earnings call, report says

UPDATED: 7/19/18 4:22 pm ET - adds stock close

Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report.

Convalescing Marchionne likely to miss FCA Q2 earnings call, report says

UPDATED: 7/18/18 6:16 pm ET - adds details

Fiat Chrysler Automobiles CEO Sergio Marchionne likely will miss the automaker's planned July 25 announcement of its second-quarter earnings as he recovers from recent surgery, according to an Italian media report.

Denny Hecker: A changed man?

The onetime Minneapolis car-dealing kingpin, whose over-the-top lifestyle and spectacular fall in the wake of the Great Recession shattered lives and left him with a mountain of debt, is free -- and he's talking.

Inventories up slightly, below ’17

The industry started July with an estimated 3,961,800 unsold vehicles on-hand in the U.S., a 69-day supply.

Justin Harmon

To survive the Great Recession, cut money-losing ancillary businesses to focus on profitability

FCA extends sign-up for employee discount plan

Fewer than a quarter of eligible employees or retirees completed the process by a June 14 deadline.

FCA: 8% gain paced by June records at Jeep, Ram

UPDATED: 7/5/18 5:52 pm ET - corrected

Record June sales for Jeep and Ram boosted FCA US sales by 8 percent to 202,264. Sales at all brands except Fiat and Chrysler rose during the month.

VW/AUDI: Crossovers power VW to 5.7% improvement; Audi's streak stays alive

Volkswagen's U.S. sales rose 5.7 percent in June to 28,941 on growth from its crossover lineup.

German Audis learn to speak American

Audi has learned that consumer expectations in America differ widely from those in the rest of the world. Here's what the brand does before launching a new vehicle.


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