LISTEN TO ARTICLE SHARE THIS ARTICLE Fiat Chrysler Automobiles NV recalled about 4.8 million U.S. vehicles to fix a software glitch that could keep a driver from being able to deactivate the cruise-control system. The Italian-American automaker advised customers driving select Ram pickups, Jeep SUVs and Chrysler and Dodge brand models to avoid using cruise… Continue reading Fiat Chrysler Recalls 4.8 Million Cars Over Cruise-Control Flaw
Tag: FCA
Statement: Software Upgrade
FCA US LLC is recalling an estimated 4.8 million U.S.-market vehicles to upgrade software in their Powertrain Control Modules. The upgrade addresses an unlikely sequence of events that would compromise cruise-control functionality.
Fiat Chrysler recalls 5.3 million vehicles for cruise control defect
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV is recalling more than 5.3 million vehicles in North America over a defect that could prevent drivers from deactivating cruise control, the company said on Friday, warning owners not to use the function until they get software upgrades. A car hauler transports Chrysler vehicles from the FCA Jefferson… Continue reading Fiat Chrysler recalls 5.3 million vehicles for cruise control defect
Auto industry scrambles to make sense of import tariff proposal
Brand new cars sit in a lot at the Auto Warehousing Company near the Port of Richmond on May 24, 2018 in Richmond, California. U.S. president Donald Trump is threatening to impose heavy tariffs on auto imports and has directed Commerce secretary Wilbur Ross to look into and determine if auto imports could be considered… Continue reading Auto industry scrambles to make sense of import tariff proposal
UAW: Elon Musk's tweet violates federal labor law
CLOSE Elon Musk criticized the news media for what he described as irresponsible reporting and suggested he would launch a website to assess the legitimacy of reporters. Time Tesla CEO Elon Musk unveils the new Tesla factory in Fremont, Calif., in 2010. Next to him is the Tesla electric car Model S sedan. (Photo: Paul… Continue reading UAW: Elon Musk's tweet violates federal labor law
UPDATE 1-UAW accuses Musk of threatening Tesla workers over unionization
(Reuters) – The United Auto Workers union (UAW) has filed a complaint accusing Tesla Inc (TSLA.O) Chief Executive Elon Musk of illegally threatening to take away benefits from workers who join the union. FILE PHOTO: Elon Musk listens at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy… Continue reading UPDATE 1-UAW accuses Musk of threatening Tesla workers over unionization
Rivian Automotive Closes Financing Round of $200 Million
author: Eric Walz Rivian Automotive, an automotive technology company developing electric SUVs and pickup trucks has secured $200 million of debt financing from Standard Chartered Bank, adding to the financing Rivian has already secured from other investors, including Sumitomo Corporation of Americas (SCOA). RJ Scaringe, Founder and Chief Executive Officer of Rivian, stated, “This latest… Continue reading Rivian Automotive Closes Financing Round of $200 Million
Apple’s Robot Cars Are Driving In the Slow Lane
A few years ago, I chatted to a senior Volkswagen AG manager who’d been involved in discussions with Apple Inc. about teaming up on autonomous vehicles. In essence, he said, Apple had asked the German autos giant to give it a stack of vehicle and driver behavior data. In return, VW would receive the self-driving system… Continue reading Apple’s Robot Cars Are Driving In the Slow Lane
Flight of the Valkyries.
The serially loss-making Aston Martin Holdings Ltd. is purring again. At least, that’s the conclusion you might draw from the few financial figures the luxury carmaker hands out to journalists each quarter. Revenue jumped by half last year thanks to swish new models such as the DB11. The private-equity and Kuwaiti-owned company’s 87 million pounds ($116 million) of… Continue reading Flight of the Valkyries.
The Ferrari SP38, the new creation from the One-Off programme
Maranello, May 23 2018 – The Ferrari SP38, the latest offspring from Ferrari’s One-Off programme, has been unveiled at Fiorano where, after the ceremonial handover to one of Ferrari’s most dedicated customers, the car was immediately put through its paces in a series of hot laps. Designed by the Ferrari Design Centre on the chassis… Continue reading The Ferrari SP38, the new creation from the One-Off programme