FCA releases its 2018 Annual Report and files annual report on Form 20-F

FCA releases its 2018 Annual Report and files annual report on Form 20-FFiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) announced today that it has published its 2018 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2018, with the United States Securities… Continue reading FCA releases its 2018 Annual Report and files annual report on Form 20-F

FCA sets $14 million annual target compensation for CEO Manley: filing

FILE PHOTO: Fiat Chrysler Automobiles (FCA) CEO Mike Manley arrives at the memorial service held in honor of former CEO Sergio Marchionne in Turin, Italy, September 14, 2018. REUTERS/Massimo Pinca/File Photo DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCA) has set an annual compensation target for Chief Executive Officer Mike Manley consisting of pay, cash… Continue reading FCA sets $14 million annual target compensation for CEO Manley: filing

Aston Martin Says 003 Hypercar Will Compete With LaFerrari And Senna – Carscoops

Aston Martin chief executive Andy Palmer has revealed that the upcoming 003 hypercar will have roughly the same amount as power as the LaFerrari. The automaker dropped a somewhat-revealing teaser image of the ‘Son of Valkyrie’ hypercar a few days ago, but didn’t offer up many details. Fortunately, Palmer did reveal some titbits to Auto… Continue reading Aston Martin Says 003 Hypercar Will Compete With LaFerrari And Senna – Carscoops

Ford investigates its own fuel-economy testing methods

2019 Ford Ranger
Ford announced on Thursday that it opened an investigation into the fuel economy testing it does to receive official EPA ratings and federal certification to sell its vehicles in the U.S.

The company plans to start by retesting its 2019 Ranger midsize pickup, after employees raised concerns through Ford's internal reporting channel called Speak Up.

The concerns involve how Ford measures the energy required to drive a car down the road, called “road load,” which then becomes a factor in further fuel economy measurements.

MUST READ: Ford Cuts Gas Mileage On 6 Models: What You Need To Know, And Open Questions (2014)

Under EPA fuel-economy testing regulations, automakers test road load by letting a car coast from 60 mph to a stop and measuring the time and distance required to stop. This gives an indication of how much wind and road resistance and friction a vehicle generates going down the road and various speeds.

The results of the coast-down test are then fed into a dynamometer, a kind of treadmill for cars used in emissions and horsepower testing to mimic that load as the car drives a simulated road loop in lab for emissions and fuel-economy testing. It is designed to make the engine work as if the car were actually driving on the road.

But multiple factors can affect the road load, such as exact tire pressures, ride height and various aerodynamic parameters—and can affect the resulting fuel economy and emissions numbers. (In an equivalent European test, now outdated, engineers have even been known to tape doors closed in the coast-down test to cover the gap between the door and body to improve aerodynamics and increase fuel economy ratings.)

READ MORE: EPA Wants Carmakers To Verify Gas Mileage With Road Testing Too (2014)

Automakers are required to achieve certain emissions targets to sell cars in the U.S., and can face big fines if they don't meet fuel economy targets across their whole model lineups.

As a result of the employees' reports, Ford has hired an outside investigation team to examine the specifications it uses in testing road load and retained independent technical experts in the industry as part of its investigation team. The company has also hired an outside laboratory to conduct independent coast-down tests on its vehicles, starting with the Ranger.

2019 Ford Ranger

Ford spokesman Said Deep said the company is starting by retesting the 2019 Ranger, but “if we need to expand our investigation beyond that, we will.” The Ranger is currently rated at 21 mpg city, 26 highway, and 23 combined for 2-wheel-drive models, and 20/24/22 for 4WD models.

Other automakers, such as Hyundai, have had to restate fuel economy numbers and pay consumers for extra fuel costs above what some of their cars' fuel-economy labels indicated. Subaru and Nissan have faced similar concerns in Japan, in some cases also flagged by employees.

In 2013 and 2014, Ford had to lower fuel economy labels on its Fusion and C-Max Hybrids and its Ford Fiesta and offered gas rebates to buyers to compensate for additional fuel the cars used above what their EPA ratings indicated. Deep says the current investigation involves separate issues from those instances.

CHECK OUT: Hyundai, Kia Rapped By EPA Over Misstated MPG Stickers (2012)

Since those concerns, along with the VW diesel emissions-cheating scandal, came to light, the EPA has been conducting more of its own tests and has insisted that automakers do more real-world testing on the road.

Deep said the current question over Ford's road-load testing does not involve an emissions cheat device, such as those used in Volkswagen and Fiat Chrysler diesels, that restricted emissions controls to fully function only in testing, and allowed those cars to emit far more pollution when driven on the road than federal standards allow.

He said he expects the investigation to take several months.

Press Releases – New vehicle safety rules: auto industry reacts to European Parliament vote

Brussels, 22 February 2019 – The European Automobile Manufacturers’ Association (ACEA) takes note of the European Parliament’s vote on the revision of the General Safety Regulation, which mandates the safety technologies to be included as standard in new vehicle types. Yesterday’s vote by the lead Internal Market and Consumer Protection (IMCO) Committee marks an important… Continue reading Press Releases – New vehicle safety rules: auto industry reacts to European Parliament vote

VW and PSA fuel-saving technology is too expensive for the segment: Why the supply of auto-dwarfs will probably shrink soon

VW VW Up: The future of the micro car in the VW Group is rather uncertain Really cheap cars and stricter CO2 requirements of the EU: This can, in the opinion of VolkswagenGroup CEO Herbert Diess did not last long. With tightened EU fleet limits, especially small cars will be significantly more expensive, he warned… Continue reading VW and PSA fuel-saving technology is too expensive for the segment: Why the supply of auto-dwarfs will probably shrink soon

Back from the dead: 2 Long-gone cars will debut at Geneva Motor Show, and their electric makeover could come with $1 million sticker price – CNBC

Over the past century, hundreds of once-familiar brand names have been shipped off to the automotive scrapyard, but two long-dead makes will be vying for a revival next month at the annual Geneva International Motor Show.

FCA boss: Next Challenger to use electric boost, skip 700-hp supercharged V-8 – Motor Authority

You better get them while they last, folks, as the next Dodge Challenger looks like it’s going to be a very different beast to the car on sale today. That’s the word of Fiat Chrysler Automobiles CEO Mike Manley, who took over following the sudden death of his predecessor, Sergio Marchionne, last July. “I think… Continue reading FCA boss: Next Challenger to use electric boost, skip 700-hp supercharged V-8 – Motor Authority

Amazon leads $700M round in electric automaker Rivian

Rivian, the electric automaker that debut its first two vehicles just three months ago, has raised $700 million in a round led by Amazon. The news follows a report earlier this week by Reuters that GM and Amazon were in talks to invest in the electric vehicle company. “We’re inspired by Rivian’s vision for the… Continue reading Amazon leads $700M round in electric automaker Rivian

Press Releases – European and Chinese auto makers commit to working more closely together

Brussels, 15 February 2019 – The major European and Chinese automobile manufacturers pledged to strengthen their collaboration at a summit held in Brussels today, where their associations – the European Automobile Manufacturers’ Association (ACEA) and the Chinese Association of Automobile Manufacturers (CAAM) – signed a cooperation agreement. Together, China and the EU – the world’s… Continue reading Press Releases – European and Chinese auto makers commit to working more closely together