MILAN (Reuters) – Fiat Chrysler Automobiles (FCA) (FCHA.MI) reduced its debts by more than expected in the first quarter, putting the carmaker well on course to become cash positive later this year. FILE PHOTO: Sergio Marchionne, CEO, Fiat Chrysler Automobiles, speaks with journalists at the North American International Auto Show in Detroit, Michigan, U.S., January… Continue reading UPDATE 2-Fiat Chrysler cuts debt by more than expected
Tag: Production/Sales News
Peugeot’s UK Vauxhall car workers agree pay deal as dispute in Germany continues
LONDON (Reuters) – Workers at Peugeot-maker (PEUP.PA) PSA’s Vauxhall car plant in Britain have agreed a pay deal with the French automaker, the Unite Union said on Thursday, as a dispute with the firm’s Opel workers in Germany continues. A general view of the Vauxhall car plant in Ellesmere Port, Britain, January 10, 2018. REUTERS/Phil… Continue reading Peugeot’s UK Vauxhall car workers agree pay deal as dispute in Germany continues
Delphi Technologies launches 26th worldwide emissions standards book
VIENNA, April 26, 2018 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH), a leading provider of advanced propulsion solutions to global vehicle manufacturers, today released its annual worldwide vehicle and motorcycle emissions standards reference booklet at the 2018 International Vienna Motor Symposium. For more than a quarter of a century, Delphi Technologies has been tracking and compiling… Continue reading Delphi Technologies launches 26th worldwide emissions standards book
Updating the Automotive Future: ZF joins eSync Alliance
As vehicles are being prepared for the digitalized future, outfitted with sophisticated, automated features with autonomous functions looming on the horizon, up-to-date software is crucial in ensuring road safety, cybersecurity and efficiency. However, returning vehicles to a manufacturer’s dealership or a repair shop to install the newest software is cumbersome and costly, especially for fleet… Continue reading Updating the Automotive Future: ZF joins eSync Alliance
Innoviz inks deal putting its solid-state lidar in BMW autonomous cars
In a recent press release, automotive supplier Magna and its partner Innoviz announced a deal to supply the BMW Group with solid-state lidar sensors for its upcoming autonomous vehicle production. The contract is one of the first in the industry for production of solid-state lidar at scale. We last heard from Innoviz in September of… Continue reading Innoviz inks deal putting its solid-state lidar in BMW autonomous cars
BRIEF-Fiat Chrysler CEO says next investment cycle will take time to happen
April 26 (Reuters) – Fiat Chrysler Automobiles CEO Sergio Marchionne: * COMMENTING ON LOWER DEBT IN Q1, SAYS CURRENT INVESTMENT CYCLE COMING TO AN END, NEXT PHASE WILL TAKE TIME TO MATERIALISE Further company coverage: (Reporting by Milan newsroom) Our Standards:The Thomson Reuters Trust Principles. Go to Source
Visteon Announces First-Quarter 2018 Results
View the first-quarter 2018 financial summary infographic Visteon Announces First-Quarter 2018 Results Delivered solid financial performance Sales of $814 million Net income of $65 million Adjusted EBITDA of $104 million Net cash generated from operating activities of $81 million Adjusted free cash flow of $48 million Awarded $1.6 billion in new business Multiple SmartCore™ awards… Continue reading Visteon Announces First-Quarter 2018 Results
Jeep powers Fiat Chrysler quarterly profit jump of 60% to $1.2 billion
Buy Photo Fiat Chrysler Automobiles headquarters, located in Auburn Hills. (Photo: Eric Seals, Detroit Free Press)Buy Photo Fiat Chrysler Automobiles said Thursday it earned a profit of $1.2 billion (1 billion euro) during the first quarter, a nearly 60% gain over the same period a year ago, driven in part by a jump in worldwide Jeep… Continue reading Jeep powers Fiat Chrysler quarterly profit jump of 60% to $1.2 billion
Opel Grandland X Debut for New 1.5-Litre Diesel Engine
Opel Grandland X Debut for New 1.5-Litre Diesel Engine 2018-04-26 Powerful: New 1.5 Diesel with 96 kW/130 hp Ahead of schedule: New 1.5-litre diesel already meets future Euro 6d-TEMP standard Optimum after-treatment: NOx adsorber plus Selective Catalytic Reduction Lower fuel consumption: Up to four percent more efficient than predecessor Eight-speed: Low friction automatic gearbox for… Continue reading Opel Grandland X Debut for New 1.5-Litre Diesel Engine
Continental Expands Automated Driving Tests on the Autobahn
The technology company Continental is expanding its global test drives for highly and fully automated driving – in Lower Saxony as well. The focus of development remains the production readiness of highly automated driving Tests on the autobahn are rounded off with system tests in an urban setting Hanover, April 26, 2018. The technology company… Continue reading Continental Expands Automated Driving Tests on the Autobahn