Waymo is bringing its self-driving trucks back to Arizona

Waymo, the autonomous vehicle company under Alphabet, is bringing its self-driving trucks back to Arizona. The company’s autonomous Chrysler Pacifica hybrid vehicles, which are used in its Waymo One ride-hailing service, are a common sight on public streets in Chandler and other suburbs of Phoenix. But its self-driving Class 8 big rig trucks haven’t been… Continue reading Waymo is bringing its self-driving trucks back to Arizona

FCA, Renault face tall odds delivering on cost-cutting promises in merger

FRANKFURT/DETROIT (Reuters) – Fiat Chrysler Automobiles NV and Renault SA promise huge savings from a mega-merger, but such combinations face tall odds because of the industry’s long product cycles and problems translating deal blueprints into real world success, industry veterans told Reuters. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S.… Continue reading FCA, Renault face tall odds delivering on cost-cutting promises in merger

Auto supplier Cooper-Standard not interested in bidding for Turkey’s Teklas-CEO

DETROIT (Reuters) – U.S. auto parts supplier Cooper-Standard Holdings Inc is not interested in buying Turkey’s Teklas Kaucuk, which supplies such carmakers as General Motors and BMW, Cooper-Standard’s top executive said on Wednesday. Cooper-Standard, based outside Detroit, is not interested in expanding in Europe given that region’s uncertainties at the moment, Chairman and Chief executive… Continue reading Auto supplier Cooper-Standard not interested in bidding for Turkey’s Teklas-CEO

Nissan tells Renault ‘not opposed’ to Fiat Chrysler merger plan -Nikkei

TOKYO (Reuters) – Nissan on Wednesday told Renault it wasn’t opposed to its partner’s potential $35 billion merger with Fiat Chrysler, the Nikkei newspaper said, as the two met to hash out the future of their alliance amid a deal that could upend the auto industry. FILE PHOTO: The logos of car manufacturers Renault and… Continue reading Nissan tells Renault ‘not opposed’ to Fiat Chrysler merger plan -Nikkei

Renault considers FCA merger proposal

The Renault board is running the rule over the merger proposal it received from Fiat Chrysler Automobiles (FCA) last week. The deal proposed the new entity – which would have annual sales of £150bn – would be 50% owned by FCA shareholders and 50% by Groupe Renault shareholders. FCA said the deal would create the… Continue reading Renault considers FCA merger proposal

How Renault, Fiat Chrysler could save through sharing

(Reuters) – If French automaker Renault green-lights a proposed merger with Fiat Chrysler Automobiles, the companies almost immediately could begin saving money by consolidating components and basic structures on many of their most popular vehicles, an industry analyst said on Tuesday. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters… Continue reading How Renault, Fiat Chrysler could save through sharing