The Associated Press Published 8:17 p.m. ET July 6, 2020 | Updated 8:32 p.m. ET July 6, 2020 Detroit – An appeals court on Monday said the CEOs of General Motors and Fiat Chrysler don’t have to meet to settle a lawsuit between the two automakers. The court overturned an extraordinary decision by a federal… Continue reading Court overturns order to have GM, Fiat Chrysler chiefs meet
Category: US Motoring Press
Ghosn wired $860,000 to alleged escape plotter’s firm, US says
David Yaffe-Bellany, Bloomberg Published 3:28 p.m. ET July 7, 2020 | Updated 3:31 p.m. ET July 7, 2020 Former Nissan Motor Co. chief Carlos Ghosn transferred more than $860,000 in October to a company managed by one of the men accused of helping him escape criminal charges in Japan two months later, U.S. prosecutors said.… Continue reading Ghosn wired $860,000 to alleged escape plotter’s firm, US says
Uber Buys Postmates for $2.65 Billion
SAN FRANCISCO — Uber has agreed to acquire the food delivery start-up Postmates for $2.65 billion as it aims to expand its presence in on-demand food delivery while its core ride-hailing business struggles. The companies announced the all-stock deal on Monday morning. Uber will combine Postmates with its own food delivery subsidiary, Uber Eats, which… Continue reading Uber Buys Postmates for $2.65 Billion
Renault and Nissan Unveil Plan to Patch Tattered Alliance
TOKYO — Nissan and Renault, the quarrelsome main partners in the world’s largest automaking alliance, announced a plan on Wednesday to try to reset their troubled relationship as they seek to survive the coronavirus’s devastating impact on the car industry. The plan seeks to more clearly delineate each company’s turf so they can better absorb… Continue reading Renault and Nissan Unveil Plan to Patch Tattered Alliance
Ford to end production of the Lincoln Continental at end of 2020
Autoplay Show Thumbnails Show Captions Last SlideNext Slide Ford Motor Co. confirmed Wednesday it will permanently end production of the Lincoln Continental built at the Blue Oval’s Flat Rock Assembly Plant. The move is just the latest in the Dearborn automaker’s long-term strategy of ditching sedans and compact cars in favor of a wider array of profit-rich trucks and… Continue reading Ford to end production of the Lincoln Continental at end of 2020
Citroen unveils new hatchback as virus pushes event online
David Mchugh, Associated Press Published 5:05 p.m. ET June 30, 2020 | Updated 5:12 p.m. ET June 30, 2020 Frankfurt, Germany – PSA Group unveiled one of its most important new models Tuesday with 20 people physically present and 2,600 watching online – a marketing configuration that the coronavirus seems likely to accelerate across the… Continue reading Citroen unveils new hatchback as virus pushes event online
GM cuts shift at Spring Hill plant after pandemic hurts demand
The COVID-19 pandemic’s impact on market demand has led General Motors Co. to lay off the third shift at its Spring Hill, Tennessee, plant. The layoff, which comes a week after GM initially just postponed the addition of the shift, affects 680 employees at the plant where the Cadillac XT5, XT6 and GMC Acadia SUVs are built. Transfer opportunities to… Continue reading GM cuts shift at Spring Hill plant after pandemic hurts demand
Magna will expand Highland Park seating plant, creating 480 new jobs
Magna International Inc. is investing more than $35 million to expand its Highland Park plant after winning two new full seat assembly contracts, according to the Michigan Economic Development Corp. The plan is expected to create 480 new jobs, including nearly 300 entry-level positions, just as the automotive supplier sector faces deep strains following weeks… Continue reading Magna will expand Highland Park seating plant, creating 480 new jobs
Ford to bring thousands of workers back sooner than planned for F-Series, SUVs
CLOSE Ford adds safety features and boosts performance of popular family-hauling SUV. Detroit Free Press Ford Motor Co. alerted its autoworkers and supervisors this week that the company will pivot to full U.S. production ahead of schedule in an attempt to make up for lost time created by the coronavirus. “We are pleased to be able to… Continue reading Ford to bring thousands of workers back sooner than planned for F-Series, SUVs
Ford and Fiat Chrysler return to full production Monday
Ford Motor Co. will resume its full, pre-coronavirus production schedule in the U.S. on Monday, two weeks sooner than it had planned. When Fiat Chrysler Automobiles restarts its second shift at Belvidere Assembly in Illinois on Monday, it too will be back to regular production. And General Motors Co. said all of its truck and SUV plants are… Continue reading Ford and Fiat Chrysler return to full production Monday