FCA moves closer to state guarantee for $7.1 billion loan: source

ROME (Reuters) – Italy’s Treasury has taken a further step towards approving a state guarantee for a 6.3 billion euro ($7.1 billion) loan for Fiat Chrysler’s (FCHA.MI) Italian unit, a government source told Reuters on Wednesday. FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca/File Photo The… Continue reading FCA moves closer to state guarantee for $7.1 billion loan: source

UPDATE 1-EU worried Fiat-PSA deal may hit competition in vans

BRUSSELS (Reuters) – Fiat Chrysler (FCHA.MI) and Peugeot maker PSA’s (PEUP.PA) proposed merger may harm competition in small vans in 14 EU countries and Britain, EU antitrust regulators said on Wednesday as they opened a four-month investigation into the deal. FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of… Continue reading UPDATE 1-EU worried Fiat-PSA deal may hit competition in vans

EU antitrust regulators to investigate Fiat, PSA merger

FILE PHOTO: Logos of Peugeot and Fiat are seen in this illustration picture taken October 31, 2019. REUTERS/Regis Duvignau/Illustration BRUSSELS (Reuters) – European Union antitrust regulators opened on Wednesday an investigation into Fiat Chrysler (FCHA.MI) and Peugeot maker PSA’s (PEUP.PA) proposed merger, saying the deal may harm competition in 14 EU countries and Britain. The… Continue reading EU antitrust regulators to investigate Fiat, PSA merger

Emails: Ghosn takedown motivated by effort to stop Nissan, Renault integration

Carlos Ghosn always said he was set up. Now there’s some evidence to support his claim. According to people familiar with what happened and previously unreported internal correspondence, the campaign by top Nissan Motor Co. executives to dethrone one of the most celebrated leaders in the automotive industry started almost a year before Ghosn’s arrest… Continue reading Emails: Ghosn takedown motivated by effort to stop Nissan, Renault integration

@FCA: FCA Statement Regarding The U.S Supreme Court’s Decision On LGBTQ+ Employee Rights

FCA Statement Regarding The U.S Supreme Court’s Decision On LGBTQ+ Employee Rights June 16, 2020 , Auburn Hills, Mich. – At FCA, we are committed to supporting a diverse and inclusive working environment where all people and cultures are respected and included in our work to exceed the expectations of our customers. We support the decision of the U.S. Supreme… Continue reading @FCA: FCA Statement Regarding The U.S Supreme Court’s Decision On LGBTQ+ Employee Rights

US regulators will share automated vehicle test data with the public

Sponsored Links Waymo The National Highway Traffic Safety Administration (NHTSA) has launched a new initiative that will give you access to more information on automotive vehicle tests conducted by various companies. It’s a voluntary effort called Automated Vehicle Transparency and Engagement for Safe Testing (c) Initiative, which aims to increase transparency in the industry. The… Continue reading US regulators will share automated vehicle test data with the public

The Story Of The 2005 Ford GT As Told By Its Designer – Muscle Cars and Trucks Media

Can you think of an American mid-engined supercar with a supercharged V8, manual gearbox and strikingly vintage looks that is on sale today? Didn’t think so. Can you think of one from the last 20 years? If the 2005 Ford GT came to mind, you’re thinking of one of the only modern cars made in… Continue reading The Story Of The 2005 Ford GT As Told By Its Designer – Muscle Cars and Trucks Media

GM CEO optimistic on U.S. demand, China, EV profitability

DETROIT (Reuters) – General Motors Co’s (GM.N) top executive struck an optimistic note on Monday about U.S. new vehicle demand despite the coronavirus pandemic, and the ability to sell electric vehicles at a profit, especially in China. FILE PHOTO: General Motors Chief Executive Officer Mary Barra announces a major investment focused on the development of… Continue reading GM CEO optimistic on U.S. demand, China, EV profitability

US to unveil voluntary self-driving testing data-sharing effort

U.S. states have a variety of regulations governing self-driving testing and data disclosure and there is currently no centralized listing of all automated vehicle testing. WASHINGTON: U.S. auto safety regulators will unveil on Monday a voluntary effort to collect and make available nationwide data on existing autonomous vehicle testing. U.S. states have a variety of… Continue reading US to unveil voluntary self-driving testing data-sharing effort