FCA CEO Mike Manley received $12.5 million in compensation in 2019

Fiat Chrysler Automobiles NV CEO Mike Manley in 2019 received $12.46 million (11.45 million euro) in compensation for his first full year leading the Italian American automaker. In a filing Tuesday with the Securities and Exchange Commission, Fiat Chrysler said it neared the $14 million total pay target for Manley it had projected last year. The automaker was the first of Detroit’s… Continue reading FCA CEO Mike Manley received $12.5 million in compensation in 2019

26 Feb 2020 GKN Automotive winter testing its latest modular eDrive technol…

GKN Automotive winter testing eDrive systems with its latest inverter and eMotor technologies Range of scalable eDrive units being developed for multiple platform and torque requirements, to meet increasing industry demand for electric vehicles 2020 sales for GKN Automotive electrified drivelines are on track to grow 141% over 2019 GKN Automotive eDrive production forecast to… Continue reading 26 Feb 2020 GKN Automotive winter testing its latest modular eDrive technol…

Panasonic is pulling out of Tesla’s troubled solar factory (TSLA, PC)

Panasonic will stop producing solar cells at Tesla’s Buffalo plant by the end of May and leave the factory entirely by the end of September. Tesla told the state of New York that Panasonic’s withdrawal won’t affect its operations at the Buffalo factory. Panasonic is working to move away from unprofitable businesses as it struggles… Continue reading Panasonic is pulling out of Tesla’s troubled solar factory (TSLA, PC)

Panasonic to exit solar production at Tesla’s New York plant as partnership frays

TOKYO/LOS ANGELES (Reuters) – Panasonic Corp (6752.T) said it would exit solar cell production at Tesla Inc’s New York plant, the latest sign of strain in a partnership where Panasonic’s status as the U.S. electric vehicle (EV) maker’s exclusive battery supplier is ending. FILE PHOTO: The Panasonic booth is shown during the 2020 CES in… Continue reading Panasonic to exit solar production at Tesla’s New York plant as partnership frays

Tesla and Panasonic end solar deal at Gigafactory New York ahead of battery event

Several reports coming from Japan are announcing that Tesla and Panasonic are ending their solar cell production deal at Gigafactory New York ahead of Elon Musk holding an event at the factory. Back in 2017, Tesla made another manufacturing agreement with Panasonic to accelerate the production of solar products at the factory it inherited from SolarCity… Continue reading Tesla and Panasonic end solar deal at Gigafactory New York ahead of battery event

Tesla, Panasonic end solar cell partnership: Nikkei

FILE PHOTO: The front hood logo on a 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018. REUTERS/Mike Blake/File Photo TOKYO (Reuters) – Tesla and Panasonic are ending their partnership to produce solar cells, the Nikkei reported on Wednesday, as the Japanese electronics company… Continue reading Tesla, Panasonic end solar cell partnership: Nikkei

A Safety Board Faults Tesla and Regulators in a Fatal 2018 Crash

The NTSB can’t change federal or local policy, but it can make recommendations. It had plenty of those. The board reiterated two recommendations it issued during a 2017 investigation of an Autopilot-related death—to which Tesla has not formally responded. It asked that Tesla limit drivers to using Autopilot in road and weather situations where it… Continue reading A Safety Board Faults Tesla and Regulators in a Fatal 2018 Crash

NTSB chair eviscerates Tesla for inaction over Autopilot concerns

Sponsored Links y_carfan via Getty Images The National Transportation Safety Board held a hearing on Tuesday regarding a deadly 2018 crash in which a Tesla Model X slammed into a Mountain View highway divider at 70mph, was subsequently struck by two other vehicles and then exploded. During that announcement, the safety board revealed that the… Continue reading NTSB chair eviscerates Tesla for inaction over Autopilot concerns