Renault chairman auditions narrowed field of Nissan CEO candidates

* Nissan acting CEO, ex-China head lead candidates – sources * Indian-born Ashwani Gupta also in the running – sources * Renault-Nissan alliance meeting scheduled for Wednesday By Norihiko Shirouzu Oct 2 (Reuters) – The Nissan Motor Co CEO race has narrowed to a contest between three Renault-Nissan veterans, with Renault’s chairman conducting interviews ahead… Continue reading Renault chairman auditions narrowed field of Nissan CEO candidates

FCA US Reports Third-Quarter 2019 Sales

AUBURN HILLS, Mich., Oct. 2, 2019 /PRNewswire/ — Jeep® Wrangler achieves record third-quarter sales of 59,035 vehicles Ram brand reports record third quarter as sales jump 15 percent to 179,200 vehicles  Dodge Challenger reports highest third quarter with 18,031 vehicles sold  FCA US LLC announced three sales records for the third quarter as a new… Continue reading FCA US Reports Third-Quarter 2019 Sales

De Tomaso’s Flamboyant New Hypercar Is a Futuristic Tribute to the Marque’s Past – Robb Report

In a world where supercar design seems to have gotten ever more angular, this new hypercar, from resurrected marque De Tomaso, is showing curves worthy of an alpine pass. The P72’s bubbly roof, headlamps and tail view feel almost cartoonish in shape, but get some interesting edge from its glittering copper wheels and other rosy-
hued… Continue reading De Tomaso’s Flamboyant New Hypercar Is a Futuristic Tribute to the Marque’s Past – Robb Report

Mirafiori, an hour of strike after the tragedy at the Cassino plant

One hour of strike on Wednesday 2 October with early exit of all work shifts: at 1pm for the first round, at 9pm for the second and at 3.15pm for the central shift. This is the decision taken by the Turin metalworking unions for the Mirafiori plant in the press and mold sector. A choice… Continue reading Mirafiori, an hour of strike after the tragedy at the Cassino plant

WMS Group acquired by roadside assistance specialist Opteven Group

WMS Group is set to be wholly acquired by Europe’s second-largest Mechanical Breakdown Insurer (MBI) subject to formal approval of the deal from The Financial Conduct Authority (FCA). Opteven, based in Lyon, France, currently operates in eight international markets via its offices in Warrington, Milan, Madrid and Berlin and already has an established operational presence… Continue reading WMS Group acquired by roadside assistance specialist Opteven Group

China Automotive Systems signs new contract with SAIC Maxus

WUHAN, China, Sept. 30, 2019 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced it has entered into a new supply contract with SAIC Maxus, an SUV and commercial vehicle subsidiary of SAIC Motor (formerly Shanghai Automotive Industry Corporation).  SAIC is one of… Continue reading China Automotive Systems signs new contract with SAIC Maxus

Work, record prizes at Ferrari For employees up to 13 thousand euros

“The extraordinary agreement reached in Ferrari represents a great result in terms of industrial relations and certifies that Ferrari is a champion inside the track and inside the company, a modality that should represent the patrimony of the whole Fca Group”, comments the general secretary of Fim Cisl, Marco Bentivogli. Industrial relations The new competitiveness… Continue reading Work, record prizes at Ferrari For employees up to 13 thousand euros

Fiat Chrysler to pay $40 million to settle SEC charges that it misled investors

CLOSE Fiat Chrysler Automobiles will pay $40 million to settle charges the company misled investors through its sales reporting.  (Photo: Kimberly P. Mitchell, Detroit Fr) Fiat Chrysler Automobiles has agreed to pay $40 million to settle charges by the U.S. Securities and Exchange Commission that it misled “investors about the number of new vehicles sold… Continue reading Fiat Chrysler to pay $40 million to settle SEC charges that it misled investors

Cummins and Ram Truck Celebrate Production of the 3-Millionth Cummins Engine

September 27, 2019 , Columbus, Indiana – Cummins Inc. has produced its 3-millionth diesel engine for Ram trucks at its Columbus Mid-Range Engine Plant (CMEP) in Indiana today, highlighting the latest milestone in a partnership that spans more than three decades. “The relationship that Ram Truck has with Cummins is one of the industry’s most enduring,… Continue reading Cummins and Ram Truck Celebrate Production of the 3-Millionth Cummins Engine

Ferrari signs new Performance bonus agreement for its Italian workforce, further investing in its employees

Maranello, September 26, 2019 – Ferrari N.V. (NYSE/MTA: RACE) and the trade unions yesterday signed a new Performance bonus agreement, which will be in force from 2020 to 2023, in the context of the trade union relationships as normed by the Collective labour agreement (CCSL). The agreement improves the economic conditions and places a strong… Continue reading Ferrari signs new Performance bonus agreement for its Italian workforce, further investing in its employees