Fiat Chrysler recalls 162,000 minivans over software issue that may cause engines to stall while driving

Chrysler is recalling over 162,000 of its 2017 Pacifica minivans over potential stalling issues JEWEL SAMAD/AFP/Getty Images Fiat Chrysler is recalling more than 162,000 of its Pacifica minivans worldwide over a software glitch that could cause the vehicles to stall while driving. The announcement on Friday (12 January) comes after multiple minivan owners filed complaints… Continue reading Fiat Chrysler recalls 162,000 minivans over software issue that may cause engines to stall while driving

BRIEF-Ferrari SUV to push overall output to above 10,000 vehicles/yr -CEO

March 6 (Reuters) – Ferrari Chief Executive Sergio Marchionne tells reporters at the Geneva auto show: * WITH SUV COMPANY WILL PRODUCE (OVERALL) MORE THAN 10,000 VEHICLES PER YEAR, CLOSE TO CONCLUDING PLANNING FOR SUV PROJECT * A HYBRID SERIES MODEL WILL BE LAUNCHED WITHIN 2019 * POTENTIAL U.S. TARIFFS WOULD WEIGH ON COMPANY’S RESULTS,… Continue reading BRIEF-Ferrari SUV to push overall output to above 10,000 vehicles/yr -CEO

UPDATE 2-Diesel collapse gives automakers carbon headache

GENEVA (Reuters) – The accelerating demise of diesel, long used by carmakers to boost fuel-efficiency, is undermining their plans to meet looming European Union CO2 goals and avoid big annual fines. The BMW M8 is seen during a presentation at the 88th International Motor Show at Palexpo in Geneva, Switzerland, March 6, 2018. REUTERS/Pierre Albouy… Continue reading UPDATE 2-Diesel collapse gives automakers carbon headache

Stoneacre buys Platts Garage in Stafford

Stoneacre Motor Group has bought Platts Garage in Stafford, representing Fiat, Dacia, Renault and Kia. Platts has been located on the same site in  Lightwood Rd, Longton since 1938 when it was known as Peppers Garage. It was awarded the Fiat franchise in 1946 and billed itself as the longest established Fiat franchise in the UK.… Continue reading Stoneacre buys Platts Garage in Stafford

BRIEF-Brembo chairman says not interested in Magneti Marelli

March 6 (Reuters) – Italian brakes maker Brembo Chairman Alberto Bombassei tells journalist at Geneva car show: * ABSOLUTELY NO INTEREST IN FIAT CHRYSLER’S MAGNETI MARELLI UNIT * CONSIDERING ONLY “TECHNOLOGICALLY ADVANCED” PRODUCTS FOR POSSIBLE ACQUISITIONS Further company coverage: (Reporting by Milan Newsroom) Our Standards:The Thomson Reuters Trust Principles.

Press Releases – EU-US automobile trade and production in context

Geneva, 6 March 2018 – In the margins of the Geneva motor show, the European Automobile Manufacturers’ Association (ACEA) reacts to recent discussions on possible tariffs on EU car imports to the United States by putting the trade relations between the two regions in context. “ACEA’s members are global companies, and international trade is an… Continue reading Press Releases – EU-US automobile trade and production in context

Morgan Plus 8 50th Anniversary launched

Morgan is marking the 50th year of its Plus 8 sports car with a new special edition of which just 50 examples will be produced. Revealed at the Geneva motor show, the new 50th Anniversary model will be among the very last cars to use a BMW N62 V8 engine, which bows out with the… Continue reading Morgan Plus 8 50th Anniversary launched

Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources

LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources

Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report

Photo: FCA The founder and chairman of China’s Zhejiang Geely Holding Group Co. has global expansion on his mind. Last week, Li Shufu succeeded in becoming Daimler’s largest single shareholder. But before that he made a play for Fiat Chrysler, and today, we may know more about how that went down. The Billionaire Who Controls… Continue reading Chinese Automaker Geely Offered To Buy Fiat Chrysler For $22 Billion: Report