Fiat Chrysler announced in late February the construction of a new auto plant in Detroit, the first for 27 years in “Motor City,” as part of a USD 4.5 billion investment plan to create 6,500 jobs in the United States. Montreal: Fiat Chrysler Automobiles (FCA) has announced it will cut some 1,500 jobs at its… Continue reading Fiat Chrysler to cut 1,500 jobs at Canada plant
Tag: Ford
40% of official government vehicles are hybrids
Updated 03/29/2019 11:35:52 CET The average age of the vehicles of the Executive is 10 years MADRID, March 29 (EUROPA PRESS) – The whole of the members of the Government, formed by 18 people, including the president, uses a total of 35 official vehicles for their movements and, of these, 43% (15 units) have a… Continue reading 40% of official government vehicles are hybrids
Ford & VW – Further details became known
News from the cooperation between Ford and Volkswagen. Already in the November 2018 There were discussions about the cooperation between the US automaker ford and the German manufacturer Volkswagen, There were a few in January findings and in February they approached each other continue on, Since the end of February it is known that Volkswagen… Continue reading Ford & VW – Further details became known
Fiat Chrysler to cut 1,500 jobs in Canada
Hard blow in the Canadian automotive sector. Fiat Chrysler will cut 1,500 jobs at its assembly plant in Windsor, Ontario, a quarter of the workforce. The Italian-American manufacturer has made this decision to “better align production with global demand,” he said in a statement. The job cuts will be effective at the end of September… Continue reading Fiat Chrysler to cut 1,500 jobs in Canada
CFAO accelerates in car distribution in Africa
It will be a powerful boost! CFAO, a subsidiary of conglomerate Japanese Toyota Tsusho Corporation (TTC) operating mainly in Africa , announces on Thursday the entry into exclusive negotiations with the South African group in difficulties Steinhoff (owner of Conforama in particular) to acquire 74.9% of the capital of its car distribution company in South… Continue reading CFAO accelerates in car distribution in Africa
Bollinger Motors settles in Detroit – Automotive News
DETROIT — Since Bollinger Motors moved last fall from Hobart, N.Y., to a gritty industrial park just north of Detroit, the company has been quietly turning its concept all-wheel-drive electric off-road vehicle into one that is production-ready. The company has hired engineers, lined up its first vendors, started testing components, shopped for a manufacturing site… Continue reading Bollinger Motors settles in Detroit – Automotive News
VW, Ford to develop pickup truck, continue talks on autonomous driving
A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANOVER (Reuters) – Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility… Continue reading VW, Ford to develop pickup truck, continue talks on autonomous driving
UPDATE 2-VW, Ford to develop pickup truck, continue talks on autonomous driving
A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANOVER (Reuters) – Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility… Continue reading UPDATE 2-VW, Ford to develop pickup truck, continue talks on autonomous driving
UPDATE 1-VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck
A Volkswagen logo is seen on a new car model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse HANOVER (Reuters) – Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility… Continue reading UPDATE 1-VW in talks to buy stake in Ford’s Argo unit, to develop pickup truck
China Automotive Systems Reports Fourth Quarter and Fiscal 2018 Results
WUHAN, China, March 28, 2019 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal year ended December 31, 2018. Fourth Quarter 2018 Highlights Net sales were… Continue reading China Automotive Systems Reports Fourth Quarter and Fiscal 2018 Results