Germany threatens Daimler with 3.75 billion euro fine over emissions: Spiegel

BERLIN (Reuters) – German Transport Minister Andreas Scheuer has threatened carmaker Daimler (DAIGn.DE) with a fine of 3.75 billion euros ($4.38 billion) over a diesel emissions scandal, Spiegel magazine reported on Friday. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke There was no comment… Continue reading Germany threatens Daimler with 3.75 billion euro fine over emissions: Spiegel

UPDATE 2-Toyota sheds some manufacturing to focus on new car technology

TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Friday said it was planning to transfer some its parts manufacturing operations to its main supplier Denso Corp (6902.T) to free up resources to compete more effectively on new vehicle technologies. Toyota said it would consolidate core electronics component operations of within Denso from late next year,… Continue reading UPDATE 2-Toyota sheds some manufacturing to focus on new car technology

BMW says may source more US steel its auto plant after tariff move

FRANKFURT (Reuters) – BMW (BMWG.DE) said on Friday it may increase the amount of steel it sources locally for its U.S. plant after Washington imposed tariffs on imports of steel and aluminium from the European Union. The BMW logo is seen on a vehicle at the New York Auto Show in the Manhattan borough of… Continue reading BMW says may source more US steel its auto plant after tariff move

UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar

(Reuters) – Japan’s SoftBank Group Corp (9984.T) will invest $2.25 billion in General Motors Co’s (GM.N) autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up nearly 13 percent. The move by SoftBank’s $100-billion Vision Fund is one of… Continue reading UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar

Waymo to get more than 60000 cars from Fiat Chrysler for robotaxis

(Reuters) – Fiat Chrysler Automobiles NV will add up to 62,000 more cars to Alphabet Inc’s autonomous driving unit Waymo, the companies said on Thursday, as part of Waymo’s plan to roll out a robotaxi service in the U.S. later this year. A Waymo self-driving car is seen during the annual Google I/O developers conference… Continue reading Waymo to get more than 60000 cars from Fiat Chrysler for robotaxis

German carmakers hit by report Trump threatens to drive them off US streets

BERLIN/FRANKFURT (Reuters) – A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York’s Fifth Avenue dented shares in the luxury car manufacturers on Thursday. FILE PHOTO: U.S. President Donald Trump look on as he welcomes South Korea’s President Moon Jae-In in the Oval… Continue reading German carmakers hit by report Trump threatens to drive them off US streets

Uber, Waymo in talks about self-driving partnership: Uber CEO

RANCHO PALOS VERDES, Calif. (Reuters) – Uber Technologies Inc [UBER.UL] is talking with Alphabet Inc’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, signaling a possible thaw in relations between the firms. FILE PHOTO: The logo of Uber is pictured during the presentation… Continue reading Uber, Waymo in talks about self-driving partnership: Uber CEO

Mapbox partners Microsoft, Intel to provide self-driving car maps

(Reuters) – Mapping startup Mapbox Inc said on Wednesday it is teaming up with Microsoft Corp, Intel Corp and Softbank Group Corp’s ARM Holdings chip unit to deepen its push into providing maps for self-driving cars. FILE PHOTO: Silhouettes of mobile users are seen next to a screen projection of Microsoft logo in this picture… Continue reading Mapbox partners Microsoft, Intel to provide self-driving car maps

Somewhat Favorable News Coverage Somewhat Unlikely to Impact Fiat Chrysler Automobiles (FCAU) Share Price

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PSA augmente sa capacité de SUV, Sochaux perd l’Opel Grandland

publié le 30/05/2018 à 13h18 Crédit photo © Reuters par Gilles Guillaume PARIS (Reuters) – PSA a annoncé mercredi une augmentation de sa capacité de production de SUV en Europe en ajoutant au dispositif l’usine Opel d’Eisenach, qui se voit attribuer un modèle jusqu’ici fabriqué dans l’usine française de Sochaux. “Afin de soutenir ce développement rapide… Continue reading PSA augmente sa capacité de SUV, Sochaux perd l’Opel Grandland