BRIEF-Fiat CEO does not rule out industrial partner for Magneti Marelli

March 7 (Reuters) – Fiat Chrysler Automobiles (FCA) Chief Executive Sergio Marchionne says: * NOT PLANNING TO SELL MAGNETI MARELLI * TO DISTRIBUTE TO ITS SHAREHOLDERS MAGNETI MARELLI SHARES, BOURSE LISTING WILL BE AUTOMATIC * DOES NOT RULE OUT INDUSTRIAL PARTNER FOR MAGNETI MARELLI * FOLLOWING ACEA MEETING, GERMAN PRODUCERS COMMITTED TO KEEPING DIESEL AS… Continue reading BRIEF-Fiat CEO does not rule out industrial partner for Magneti Marelli

Continental and CITC Establish Joint Venture for Production of 48-Volt Battery Systems

New joint venture expected to begin operations in mid-2018 and operate worldwide from China Continental to hold 60 percent of the shares, 40 percent with Chinese automotive supplier CITC, whose subsidiary CALB develops and produces battery cells CEO Dr. Degenhart: “In the fast-growing 48-volt mild hybrid market, Continental will soon be able to offer a… Continue reading Continental and CITC Establish Joint Venture for Production of 48-Volt Battery Systems

Groupe PSA and DCS Offer Access to a French Network of More Than 6,300 Electric Charging Stations for Peugeot & Citroën vehicles

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): The ChargeMyPeugeot and ChargeMyCitroën services provide access to the largest network of available electric charging stations. Users can locate 6,360 charging stations throughout France – including 460 fast-charge terminals – as well as check availability and type of plug. They can then access the charging station easily using… Continue reading Groupe PSA and DCS Offer Access to a French Network of More Than 6,300 Electric Charging Stations for Peugeot & Citroën vehicles

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.

Why investing in a fleet management solution pays off – the five most important reasons

Precise data on the location of vehicles and drivers’ driving times is extremely important for the cost-effectiveness of trucking companies. Small and medium-sized companies also perform better with fleet management solutions. Five reasons for using modern telematics. “It doesn’t always have to be a large and costly solution,” says Dr. Lutz Scholten, Head of Tachographs,… Continue reading Why investing in a fleet management solution pays off – the five most important reasons

Goodyear Presents New Tire Technology Designed to Advance the Performance of Electric Vehicles

GENEVA, March 6, 2018 /PRNewswire/ — The EfficientGrip Performance prototype with Electric Drive Technology is Goodyear’s latest step in developing tires that meet the specific demands of Electric Vehicles   EfficientGrip PErformance – Side view (PRNewsfoto/Goodyear) Goodyear offered a sneak peek during the 2018 Geneva International Motor Show of its EfficientGrip Performance with Electric Drive… Continue reading Goodyear Presents New Tire Technology Designed to Advance the Performance of Electric Vehicles

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