DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) said on Wednesday that in the second quarter the automaker would review the possible spinoff of its Magneti Marelli unit. Last month FCA Chief Executive Officer Sergio Marchionne said he had recommended to the company’s board that the automaker spin off the maker of components for… Continue reading FCA to review potential Magneti Marelli spinoff in second quarter
Tag: FCA
Recreating the self-driving experience: the making of the Waymo 360° video
Recreating the self-driving experience: the making of the Waymo 360° video To bring Waymo’s technology to life, we leaned on the unique format of 360 video. By Meiling Tan, Head of Marketing, Waymo Waymo has been working on self-driving technology since our early days at Google in 2009. Today, we have the world’s first and only… Continue reading Recreating the self-driving experience: the making of the Waymo 360° video
Waymo reaches 5 million self-driven miles
Waymo reaches 5 million self-driven miles The Waymo odometer rolled over to 5,000,000 in February: our self-driving cars have now covered five million miles on public roads. That’s a major milestone. Yet what’s really exciting for us is how we’re picking up speed. Our 1st million miles took six years to complete. Our 4th million… Continue reading Waymo reaches 5 million self-driven miles
UAW trust move puts GM board seat at risk
Former UAW Vice President Joe Ashton (Photo: General Motors Co.) The United Auto Workers’ retiree health care trust intends to sell 40 million of its shares in General Motors Co., imperiling the trust’s ability to replace retired UAW Vice President Joe Ashton on the automaker’s board of directors. The UAW Retiree Medical Benefits Trust —… Continue reading UAW trust move puts GM board seat at risk
Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal
Zhejiang Geely Holding Group Co. held informal talks about the potential takeover of Fiat Chrysler Automobiles NV before the Chinese manufacturer turned its attention toward Daimler AG, according to people familiar with the matter. Li Shufu, the Chinese billionaire who controls Geely, approached the Italian-American carmaker in the middle of last year as he was… Continue reading Geely Held Informal Talks With Fiat Chrysler Before Daimler Deal
Aston Martin is looking for a shoulder to lean on
Even James Bond always ends up relying on someone, or someone. Aston Martin has regained its luster, but the British manufacturer of luxury cars dear to the secret agent has still been thinking of finding a shoulder, by the end of the year perhaps. “We are building a company that can survive by selling at… Continue reading Aston Martin is looking for a shoulder to lean on
Dick Lovett opens Jaguar Land Rover dealership in Bath
Dick Lovett Group has opened a new Jaguar Land Rover dealership in Melksham, near Bath. The opening is part of the restructuring of the Jaguar Land Rover networks in the UK with – for the most part – common ownership of the two brands in each market territory. Employing 800, Dick Lovett represents BMW, Mini,… Continue reading Dick Lovett opens Jaguar Land Rover dealership in Bath
FIAT celebra la producción de la unidad número 500,000 de Fiat 500L
La marca FIAT celebra la salida de la línea de producción de la unidad número 500,000 de Fiat 500L. Este récord pasa a los libros de historia de FIAT gracias a un modelo que hizo su debut en 2012 como un monovolumen fresco, divertido y diferente, con todo el ADN que caracteriza a la familia… Continue reading FIAT celebra la producción de la unidad número 500,000 de Fiat 500L
Fiat Chrysler reportedly phasing out diesel passenger cars by 2022
Jeremy Alan Glover @jagimaging.com Fiat Chrysler diesel plans are back in the spotlight again. The Italian-American car maker was hit with several lawsuits last December, each claiming that the company’s heavy-duty pickup trucks used devices aimed at cheating emissions tests. Last month, the EPA said that Chrysler had violated the Clean Air Act, alleging that… Continue reading Fiat Chrysler reportedly phasing out diesel passenger cars by 2022
Aston Martin Posts First Profit in Eight Years
Aston Martin Holdings Ltd. is looking for a “big brother” partner in order to survive as a low-volume, luxury carmaker, even after it posted its first profit in eight years and prepares for a potential initial public offering. The manufacturer famous for making film spy James Bond’s favorite car could use a combination of capital… Continue reading Aston Martin Posts First Profit in Eight Years