General Motors Co.’s racketeering lawsuit against Fiat Chrysler Automobiles NV is a distraction for the Italian-American automaker in the middle of negotiations for a labor contract with the United Auto Workers union and for a merger with French automaker Groupe PSA, experts say. GM alleges Fiat Chrysler’s late-CEO Sergio Marchionne orchestrated a multimillion-dollar conspiracy, including bribes, that corrupted three… Continue reading Fiat Chrysler racketeering suit a ‘distraction’ from PSA, UAW talks
Author: Detroit News Online
Design of Tesla Cybertruck polarizing, but that may be point
Chester Dawson, Bloomberg News Published 10:30 p.m. ET Nov. 22, 2019 | Updated 1:46 p.m. ET Nov. 23, 2019 Tesla Inc.’s much-anticipated “Cybertruck” concept vehicle received an underwhelming reception from many investors and some of the automotive trade press due to its polarizing design and lack of typical pickup features. They may just be the… Continue reading Design of Tesla Cybertruck polarizing, but that may be point
GM to build new truck engine facility in Ohio
Detroit — General Motors Co. and Isuzu Diesel Services of America are investing $175 million for a new Brookville, Ohio facility to expand production of engine components for its 2020 Chevrolet Silverado and GMC Sierra heavy-duty pickup, GM announced Thursday. The 251,000 square-foot facility built through the GM and Isuzu joint venture, DMAX, expands on the current DMAX diesel engine manufacturing operation in Moraine,… Continue reading GM to build new truck engine facility in Ohio
Fire danger causes Nissan to recall over 394,000 vehicles
Associated Press Published 10:20 a.m. ET Nov. 15, 2019 Detroit – Nissan is recalling over 394,000 vehicles in the U.S. because a brake fluid leak could cause them to catch fire. Because of the fire risk, the company is urging owners to park the vehicles outdoors and away from structures if the antilock brake light… Continue reading Fire danger causes Nissan to recall over 394,000 vehicles
Automaker Daimler to save $1.54B by cutting manager posts
Berlin – German automaker Daimler says it plans to slash costs 1.4 billion euros ($1.54 billion) by cutting every tenth managerial position and other austerity measures. CEO Ola Kallenius told reporters in London on Thursday that the EU’s stricter specifications on carbon dioxide emissions and the transition to more electric vehicles are putting the squeeze… Continue reading Automaker Daimler to save $1.54B by cutting manager posts
UAW ‘making progress’ with Fiat Chrysler ahead of Ford ratification deadline
The United Auto Workers is “making progress” in talks with Fiat Chrysler Automobiles NV, the union’s FCA Department director said Tuesday in a letter to local union leaders. The update from UAW Vice President Cindy Estrada comes ahead of a ratification vote deadline of Friday at Ford Motor Co. Ford would be the second Detroit… Continue reading UAW ‘making progress’ with Fiat Chrysler ahead of Ford ratification deadline
Fiat Chrysler extends Windsor Assembly’s third shift through March
Approximately 1,500 workers on the third shift at Fiat Chrysler Automobiles NV’s Windsor Assembly Plant will have jobs through the first three months of the year, the automaker said Wednesday. “FCA confirms that the third shift at the Windsor Assembly Plant will be extended until the end of Q1 2020,” spokeswoman Jodi Tinson said in a… Continue reading Fiat Chrysler extends Windsor Assembly’s third shift through March
Chrysler prodded dealers to absorb glut of 40,000 unordered cars
Gabrielle Coppola, Bloomberg Published 10:23 a.m. ET Nov. 12, 2019 | Updated 10:27 a.m. ET Nov. 12, 2019 Fiat Chrysler Automobiles NV has been manufacturing more cars and trucks than its U.S. dealers are willing to accept, at one point creating a nationwide glut of about 40,000 unordered vehicles and stoking tension with some of… Continue reading Chrysler prodded dealers to absorb glut of 40,000 unordered cars
Tesla plans to build next factory in Berlin, Elon Musk says
Chiara Remondini and Christoph Rauwald, Bloomberg Published 3:58 p.m. ET Nov. 12, 2019 | Updated 4:04 p.m. ET Nov. 12, 2019 Elon Musk told an award ceremony crowd that Tesla Inc. plans to build its next factory near the German capital of Berlin, sending a stark message to some of the world’s most prestigious automakers… Continue reading Tesla plans to build next factory in Berlin, Elon Musk says
UAW-Ford deal follows wage, health care pattern set by GM
The United Auto Workers’ tentative agreement with Ford Motor Co. closely follows the pattern set by General Motors Co. in wage increases, lump-sum bonuses, maintained health care benefits and pathways for temporary and in-progression employees to earn top wages. UAW local leaders on Friday voted to send the agreement to its 55,000-plus members for a ratification vote.… Continue reading UAW-Ford deal follows wage, health care pattern set by GM