MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. Fiat Chrysler Automobiles (FCA) U.S. headquarters is seen in Auburn Hills, Michigan, U.S.… Continue reading Fiat Chrysler kicks off Magneti Marelli spin-off
Category: Automotive
Car share operators jump in as Paris Autolib scheme withers
PARIS (Reuters) – A string of private car-share operators are revving up business in Paris as the pioneering city-run Autolib scheme comes to an end and city authorities promote car sharing over private ownership. A woman rides a bike-sharing service Ofo bicycle during a presentation of new alternative urban mobility options at Paris city hall,… Continue reading Car share operators jump in as Paris Autolib scheme withers
VW CEO Diess pushes for margin improvements: Manager Magazin
FRANKFURT (Reuters) – Volkswagen Group’s (VOWG_p.DE) new chief executive Herbert Diess is pushing for faster margin improvements at its main Porsche, Audi and VW brands, German monthly Manager Magazin said. Audi head of the board Herbert Diess arrives to the company’s annual shareholders meeting in Ingolstadt, Germany May 9, 2018. REUTERS/Michael Dalder – UP1EE590M99V0 Diess… Continue reading VW CEO Diess pushes for margin improvements: Manager Magazin
VW will build its electric microbus and crossover in the US
Volkswagen Volkswagen is pushing its EV strategy hard in Europe and China, and now intends to continue its momentum in the US, where it plans to produce its upcoming all-electric microbus and crossover SUV. Confirmed to Autocar this week, VW says it’ll produce the I.D. BUZZ electric microbus and I.D. CROZZ Concept in the States,… Continue reading VW will build its electric microbus and crossover in the US
A daughter of Detroit defies odds, takes car industry into the future
CLOSE Denise Gray is the President of LG Chem Michigan Inc. and talks about what shaped her professionally. Detroit Free Press Buy Photo Denise Gray, president of LG Chem Michigan Inc. Tech Center, converses with Kenneth Chang, LG Electronics U.S.A., Inc. senior vice president for vehicle components company NA , during the 2018 US-Korea Business… Continue reading A daughter of Detroit defies odds, takes car industry into the future
Ford recalls Fusions and Escapes that could roll away
Free Press Staff Report Published 12:36 p.m. ET July 18, 2018 | Updated 2:21 p.m. ET July 18, 2018 CLOSE Ford Motor Company announced that it will discontinue the Fiesta subcompact car, the Fusion mid-size sedan and the Taurus full-size car in the U.S. USA TODAY 2015 Ford Fusion Hybrid (Photo: Ford) Ford Motor Co.… Continue reading Ford recalls Fusions and Escapes that could roll away
Audi driver in custody: Audi CEO Stadler puts a complaint
All articles and backgrounds 07/19/2018 Audi driver in custody Audi CEO Stadler files a complaint AP Rupert Stadler: Complaint against pre-trial detention The leave of absence Audi CEO Rupert Stadler has filed a complaint against the pre-trial detention. That said a spokeswoman for the prosecutor Munich II on Thursday. The investigating authority will examine the… Continue reading Audi driver in custody: Audi CEO Stadler puts a complaint
Mazda to resume two-shift operation in Hiroshima
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Audi CEO Stadler presses for release from German custody
FRANKFURT (Reuters) – Audi’s (NSUG.DE) suspended Chief Executive Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail, the Munich prosecutor’s office said on Thursday. FILE PHOTO: Rupert Stadler, CEO and Chairman of the Board of Management of Audi, attends the “AI for Good” Global Summit… Continue reading Audi CEO Stadler presses for release from German custody
Response to Trump’s trade war with China: Volvo is shifting SUV production from China to Europe
All articles and backgrounds 07/19/2018 Response to Trump’s trade war with China Volvo is shifting SUV production from China to Europe Volvo Volvo XC 60: Models planned for the US run in the future from Europe in Europe – no longer in China The Swedish-Chinese car manufacturer Volvo reacts quickly to the trade dispute between… Continue reading Response to Trump’s trade war with China: Volvo is shifting SUV production from China to Europe