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

Carmakers cut their PCP prices to kickstart Q1

Car manufacturers have adjusted their retail offer strategies to kickstart the year with a 4.4% drop in the average monthly prices of PCP deals, to £311.40, according to AM’s latest quarterly data. The increased affordability across manufacturers’ model ranges is in contrast to the 5.5% quarterly rise seen in Q4 2018. AM’s analysis of 259… Continue reading Carmakers cut their PCP prices to kickstart Q1

Llega a 10 millones la producción de motores Pentastar de FCA

13 de febrero de 2019 , Ciudad de México – El motor Pentastar número 10 millones ha salido hoy de la línea de producción del Complejo de Motores de Trenton de FCA US LLC. Inaugurado con el lanzamiento de un V-6 de 3.6 litros en 2010, la familia de motores Pentastar ha logrado figurar hasta en seis… Continue reading Llega a 10 millones la producción de motores Pentastar de FCA

FCA Pentastar Production Hits 10 Million

February 13, 2019 , Trenton, Mich. – The 10-millionth Pentastar engine was produced here today at FCA US LLC’s Trenton Engine Complex. Introduced as a 3.6-liter V-6 in 2010, the Pentastar engine family has accounted for six placings among the prestigious annual list of Wards 10 Best Engines and currently comprises six fuel-saving variations that feature… Continue reading FCA Pentastar Production Hits 10 Million

Press Releases – Stable EU auto market in view for 2019, with CO2 and trade challenges ahead

Paris, 13 February 2019 – In 2019, EU car sales will stagnate at 2018 levels in terms of units sold, staying close to the 15 million new registrations mark recorded last year, according to new forecasts by the European Automobile Manufacturers’ Association (ACEA). Although 2018 was the fifth consecutive year of growth, the pace of… Continue reading Press Releases – Stable EU auto market in view for 2019, with CO2 and trade challenges ahead

Ford issues 3 recalls covering about 1.5 million Ford and Lincoln vehicles, citing accidents

Mike Fuentes | Bloomberg | Getty Images
Ford Motor Co.'s 2013 F-150 pickup truck sits on display at an event in Bruceville, Texas, U.S., on Monday, June 4, 2012.

Ford is issuing three recalls covering about 1.5 million Ford and Lincoln vehicles, citing an unintended downshift to first gear in certain F-150 pickups that's caused at least five accidents, among other safety concerns, the company said Wednesday.

“Depending on vehicle speed, a downshift to first gear without warning could result in a loss of vehicle control, increasing the risk of a crash,” Ford said in a statement announcing the recalls.

Ford is issuing a safety recall on select 2011 to 2013 Ford F-150 vehicles with six-speed automatic transmissions, 2017 to 2019 Lincoln Continental vehicles, and select 2019 Ford Mustang, Lincoln Nautilus and Lincoln Navigator vehicles.

Ford bets big on trucks, Fiat Chrysler issues weak 2019 guidance
6:44 PM ET Thu, 7 Feb 2019 | 02:18

The roughly 1.48 million F-150 trucks have a defect that can cause the truck to temporarily downshift into first gear. Ford is aware of five reports of accidents, including one report of “whiplash” potentially related to this condition.

About 27,000 Lincoln Continental vehicles may have a problem with silicon contamination in the door latch, which can prevent it from fully engaging. This means the door could open while driving. Ford is not aware of any accidents connected to this recall.

About 4,200 Ford Mustang, Lincoln Nautilus and Lincoln Navigator vehicles may have a defect that causes the instrument cluster to be blank while the video starts up. Ford is not aware of any of any accidents connected to this recall either.

Read Ford's full statement here.

WATCH: Ford will get worse in China before it gets better

Ford will get worse in China before it gets better, says CFRA analyst
5:34 PM ET Wed, 23 Jan 2019 | 02:59

Electric car production racing ahead of car buyers’ desires – The Irish Times

Car makers could be looking down the barrel of massive oversupply of electric vehicles in the market. According to a new report from Deloitte, a “significant expectation gap” is growing between the production ramp-up of electric vehicles by the world’s major car makers, and the actual serious sales prospects for those vehicles. The report says… Continue reading Electric car production racing ahead of car buyers’ desires – The Irish Times

Daimler CEO Dieter Zetsche thanks workers, interviews for new position in farewell video – Motor Authority

Long-time Daimler CEO Dieter Zetsche will step down at the end of this year and hand the top leadership role to current sales chief Ola Källenius in 2019, but he’s already on the hunt for a new job. Well, not really. But Zetsche gave his departure a characteristically comedic twist in a farewell video to employees… Continue reading Daimler CEO Dieter Zetsche thanks workers, interviews for new position in farewell video – Motor Authority

UPDATE 2-Fiat Chrysler paid $77 mln in U.S. fuel economy penalties in 2018

WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV told Reuters on Thursday it paid $77 million in U.S. civil penalties late last year for failing to meet 2016 model year fuel economy requirements, the first significant sign the industry is facing hurdles meeting rising emissions rules. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen… Continue reading UPDATE 2-Fiat Chrysler paid $77 mln in U.S. fuel economy penalties in 2018