Tag: FCA

U.S. to unveil voluntary self-driving testing data-sharing effort

WASHINGTON (Reuters) – 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 regulations governing self-driving testing and data disclosure and there is currently no centralized listing of all automated vehicle testing. California, for example, requires… Continue reading U.S. to unveil voluntary self-driving testing data-sharing effort

H2X Wants To Put Australia Back On Car-Producing Map With FCEVs

Chris Reitz helped design the modern Fiat 500 and the Alfa Romeo Giulietta. He is also the designer of the Riversimple Rasa but is no longer on that team. He has now made a partnership with Brendan Norman, a former BMW, and VW executive, to create H2X. The new Australian car manufacturer plans to specialize… Continue reading H2X Wants To Put Australia Back On Car-Producing Map With FCEVs

FCA’s top communications exec leaves job after just 4 months

CLOSE Simon Sproule, chief communications officer at Fiat Chrysler Automobiles based in Auburn Hills, is leaving the job he began Feb. 3. He resigned and has made the personal decision to step away from the auto industry, according to a source close to the situation. His last day is Friday. The company said in a statement, “Simon Sproule… Continue reading FCA’s top communications exec leaves job after just 4 months

Auto industry recovery from COVID-19 could take years, signaling slow climb back

Global vehicle sales could fall year-over-year by more than 20% in 2020, according to a new study, and not return to pre-COVID-19 levels until 2023 — another gloomy sign that contributed to the Dow Jones Industrial Average plunging nearly 1,900 points Thursday to its lowest since March. The Dow fell 6.9%, the S&P 500 dropped 5.9% and the tech-heavy Nasdaq… Continue reading Auto industry recovery from COVID-19 could take years, signaling slow climb back

GM’s electric push risks market-share loss for top moneymakers

David Welch, Bloomberg Published 1:04 p.m. ET June 11, 2020 | Updated 1:06 p.m. ET June 11, 2020 General Motors Co.’s ambitious push into electric vehicles could pose a near-term risk as the automaker spends less to replace its more profitable gas-powered vehicles, according to an annual study published by Bank of America Global Research.… Continue reading GM’s electric push risks market-share loss for top moneymakers

Fiat Chrysler and Peugeot: the EU Antitrust node makes securities fall on the stock exchange

New thump on the lists for the two car manufacturers destined to join: the EU Commission could deepen the theme of concentration in the mini-van segment June 11, 2020 1 ‘of reading Fiat Chrysler and Peugeot react with substantial drops in front of the concrete possibility that the merger operation will slip by a few… Continue reading Fiat Chrysler and Peugeot: the EU Antitrust node makes securities fall on the stock exchange

Mary Barra: How GM shifted to high gear during coronavirus pandemic – Detroit Free Press

CLOSE GM hit a snag in its production of medical face masks when it came to sanitizing them. That’s when the Red Wings and two other NHL teams stepped in. Wochit The time it takes to get things done inside General Motors has been transformed during the coronavirus pandemic, as the company has shifted its… Continue reading Mary Barra: How GM shifted to high gear during coronavirus pandemic – Detroit Free Press

PSA and Fiat-Chrysler face exhaustive antitrust probe over merger

PSA and Fiat-Chrysler face exhaustive antitrust probe over merger Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Not sure which package… Continue reading PSA and Fiat-Chrysler face exhaustive antitrust probe over merger