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

Fiat Chrysler shares plummet 12 percent on weak outlook

Rebecca Cook | Reuters
Fiat Chrysler Automobiles assembly workers build 2019 Ram pickup trucks at the FCA Sterling Heights Assembly Plant in Sterling Heights, Michigan, October 22, 2018.

Fiat Chrysler shares crashed by more than 12 percent Thursday morning after the Italian-American automaker forecast a weak outlook for 2019.

The automaker said it expects results in the first half of the year to be down over last year, in part, because the company will not be selling two generations of the Jeep Wrangler side-by-side, as it did in 2018. It is also planning some Wrangler production downtime to retool factories for launch of the plug-in hybrid version of the iconic off-road machine in early 2020.

The company also said continued actions to manage dealer inventories will also hit its finances in the first half of the year. It is also facing higher-than-expected capital expenditures, shelling out roughly 500 million euros in connection with U.S. diesel emissions cases. It's also paying an effective tax rate that's about 25 percent higher than it was in 2018, mostly due to changes in the U.S.

Fiat Chrysler said expects the second half of the year to pick up from sales of its recently released Jeep Gladiator mid-size pickup truck and its heavy duty Ram pickup trucks, introduced at the Detroit auto show.

The automaker said it expects total industry sales for North America to decline in 2019 to 17.2 million, down from 17.7 million in 2018, the automaker said in a presentation to investors.

Fiat Chrysler shares tumble as 2019 guidance disappoints

MILAN (Reuters) – Fiat Chrysler (FCA) shares fell 11 percent on Thursday after weaker-than-expected guidance for profits and industrial free cash flow this year raised doubts about the Italian-American carmaker’s longer-term targets. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at its U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca… Continue reading Fiat Chrysler shares tumble as 2019 guidance disappoints

FCA – 2018 FULL YEAR AND FOURTH QUARTER RESULTS

Following is a summary of the “FCA: 2018 full year and fourth quarter results” press release. A PDF of the complete press release is attached to this email. The document is also available in the media section of the FCA corporate website:https://www.fcagroup.com/it-it/pages/home.aspxFCA reports record full year results, including Magneti Marelli: Adjusted EBIT at €7.3 billion,… Continue reading FCA – 2018 FULL YEAR AND FOURTH QUARTER RESULTS