Tag: FCA

DTM’s Berger presents electric touring car series concept

LONDON (Reuters) – German Touring Car (DTM) boss Gerhard Berger unveiled on Thursday a proposed electric series with high-performance cars racing at Formula One speeds and with battery changes carried out by robots. If the concept catches on with manufacturers, he said the series could run alongside the mostly European-focused DTM with cars powered by… Continue reading DTM’s Berger presents electric touring car series concept

Acting UAW head to examine ‘every inch’ of union in scandal’s wake

DETROIT (Reuters) – The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every department of the union in response to a spreading federal corruption probe that has damaged the union’s standing during contract talks with Detroit’s automakers. United Auto Workers (UAW) acting president Rory Gamble speaks to Reuters… Continue reading Acting UAW head to examine ‘every inch’ of union in scandal’s wake

Fiat Chrysler finds new merger partner in Carlos Tavares

Will PSA’s Carlos Tavares prove to be a better merger partner for Fiat Chrysler than Renault and help create the world’s fourth-largest carmaker? Katie Martin discusses the terms of the proposed mega merger and the characters behind the deal with Peter Campbell, motor industry correspondent, and David Keohane in Paris. Contributors: Katie Martin, capital markets… Continue reading Fiat Chrysler finds new merger partner in Carlos Tavares

‘Think of what PSA/FCA can do, not what they can’t’

We’ve kind of been here before (insert Renault where you see PSA), but the news that FCA (think Fiat, Jeep, Alfa Romeo, Chrysler, Maserati, Abarth, Dodge and others) is joining forces with PSA (Peugeot, Citroen, Vauxhall/Opel, DS) fills me with huge excitement. Sadly that’s not the case everywhere, with Unite union boss and doom-monger-in-chief Des… Continue reading ‘Think of what PSA/FCA can do, not what they can’t’

Analysis: The numbers behind the FCA-PSA merger

The FCA-PSA tie-up gathers 15 brands under the same roof The agreed merger between Fiat Chrysler Automobiles and the PSA Group will create the world’s fourth-largest car company based on sales. The two European firms last week announced their intention to create a new entity owned 50/50 between the two but led by PSA’s CEO, Carlos Tavares. PSA will… Continue reading Analysis: The numbers behind the FCA-PSA merger

Take a peek inside Lyft’s lab where 400 engineers are working on self-driving cars – CNBC

Lyft, the second largest ride-hailing service in the U.S., once helped disrupt the taxi industry. Now, the company is working hard to avoid being disrupted itself as self-driving cars turn from sci-fi into reality. According to Taggart Matthiesen, vice president of product at Lyft’s Autonomous Group, the company has assigned around 400 of its engineers… Continue reading Take a peek inside Lyft’s lab where 400 engineers are working on self-driving cars – CNBC

Expect FCA-Peugeot merger plans to be ‘elephant’ in room during UAW talks

CLOSE The proposed merger of Fiat Chrysler and the company that controls the Peugeot brand is expected to have an impact on FCA’s bargaining with the UAW.  (Photo: PSA) The real impact of the expected merger of Fiat Chrysler Automobiles and Peugeot will take some time to become clear, but an early test could come… Continue reading Expect FCA-Peugeot merger plans to be ‘elephant’ in room during UAW talks

Ferrari appoints Rocco Iannone as new Brand Diversification Creative Director

Ferrari N.V. (“Ferrari”) (NYSE/MTA: RACE) is pleased to announce the appointment of Rocco Iannone as its Brand Diversification Creative Director.  Starting from November 4, Mr. Iannone takes responsibility for developing the creative content, design and image of all of Ferrari’s own and licenced apparel and accessories collections. The 35-year-old holds a Fashion Degree from Milan’s… Continue reading Ferrari appoints Rocco Iannone as new Brand Diversification Creative Director

European factories at risk in Peugeot-Fiat merger

FRANKFURT (Reuters) – Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group would have spare production capacity of almost six million vehicles in a slowing autos market. FILE PHOTO: Logos of Peugeot and Fiat are seen in this illustration… Continue reading European factories at risk in Peugeot-Fiat merger