MILAN/DETROIT (Reuters) – Fiat Chrysler (FCHA.MI) (FCAU.N) posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it headed into a merger with France’s PSA (PEUP.PA). FILE PHOTO: A new Fiat 500 mild-hybrid car is displayed at a Fiat Chrysler event held… Continue reading Fiat Chrysler profit rises, outlook ‘firm’ ahead of Peugeot merger
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@Hyundai: From The Carbon Economy To The Hydrogen Economy
Jeremy Rifkin, an American futurist, envisions the dawn of a new economy powered by hydrogen that will fundamentally change the nature of our market, political and social institutions, just as coal and steam power did at the beginning of the industrial age (The Hydrogen Economy, 2017.) How far have we come? Shift to The Hydrogen… Continue reading @Hyundai: From The Carbon Economy To The Hydrogen Economy
FCA CEO: China disruptions could threaten production at a European plant within 2-4 weeks
DETROIT, Feb 6 (Reuters) – Disruptions to auto parts production caused by the deadly virus outbreak in China could threaten production at one of Fiat Chrysler Automobiles’s European plants within two to four weeks, Chief Executive Mike Manley told Reuters. FCA so far has not reported production shutdowns at plants outside China related to the… Continue reading FCA CEO: China disruptions could threaten production at a European plant within 2-4 weeks
Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video
The video shares the name of the Lucid Air’s launch edition, as well as several key design elements. Designated the “Dream Edition,” launch versions of the Lucid Air will be available in three colors, including a special color only available on Dream Edition cars. A hint of that color is shown in the video along with… Continue reading Lucid Motors Showcases Key Design Elements of the Lucid Air in New Video
Auto parts supplier: Continental builds new plant in the USA
Continental logo The auto parts supplier Continental is increasing its investments in the business with assistance systems and plans to open another factory in the United States to build. In New Braunfels (Texas), work on a plant producing radar sensors is scheduled to start by the middle of this year. The start of production is… Continue reading Auto parts supplier: Continental builds new plant in the USA
Fisker Ocean at Geneva International Motor Show 2020: Award-Sweeping All-Electric Luxury SUV to Make European Debut
Production is projected to begin in Q4 2021, with high-volume deliveries of the Fisker Ocean targeted to ramp up in 2022. Global and localized supply chains secured across the U.S., Europe and China will result in more than 1 million vehicles projected to be produced between 2022 and 2027. Henrik Fisker, chairman and CEO –… Continue reading Fisker Ocean at Geneva International Motor Show 2020: Award-Sweeping All-Electric Luxury SUV to Make European Debut
FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments
AUBURN HILLS, Mich., Feb. 6, 2020 /PRNewswire/ — Payment recognizes hourly employees’ contributions to the Company Total U.S. investment grows to more than $14 billion since 2009, with nearly 30,000 jobs created to date Based on the Company’s 2019 financial performance, FCA US LLC announced today that the eligible profit sharing amount of $7,280 will… Continue reading FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments
BMW’s Aerodynamic Wheels To Improve EV Efficiency By 2%
BMW announced new, highly efficient Aerodynamic Wheels for its new all-electric car models, starting with BMW iX3 (scheduled for 2020) and BMW i4, BMW iNEXT (both in 2021). The German manufacturer notes that “the wheels and their aerodynamic flow influence the overall vehicle efficiency by up to 30%“. Because all-electric vehicles are the most efficient… Continue reading BMW’s Aerodynamic Wheels To Improve EV Efficiency By 2%
NEI expands portfolio with needle bearings, confirms Rs 100 crore investment in manufacturing
National Engineering Industries (NEI), part of the CK Birla Group, today launched ‘needle bearing’ as a part of its comprehensive range of bearings at Auto Expo Components 2020 in New Delhi. To be manufactured with the help of NTN Corporation’s licensed technology, this demand-driven product is used extensively by domestic and international two-wheeler and four-wheelers… Continue reading NEI expands portfolio with needle bearings, confirms Rs 100 crore investment in manufacturing
New Hyundai Creta revealed with radical new design
Hyundai Motor India has taken the covers off the India-spec, second-generation Creta SUV at Auto Expo 2020. Revealed as the new-generation ix25 in China last year, the new Creta not only comes with revamped exterior and interiors but will also come with a new BS VI-compliant engine line-up. The Hyundai Creta gets a radical new… Continue reading New Hyundai Creta revealed with radical new design