@FCA: Moody’s raises its ratings on FCA N.V.

Moody’s raises its ratings on FCA N.V.Moody’s Investors Service communicated yesterday that it has upgraded from “Ba1” to “Baa3” the Issuer Rating of FCA N.V. (NYSE: FCAU / MTA: FCA), and from “Ba2” to “Baa3” the rating on the bonds issued or guaranteed by FCA N.V..The short-term rating is upgraded from “(P) NP” to “(P)… Continue reading @FCA: Moody’s raises its ratings on FCA N.V.

FCA and Grubhub to Deliver In-Vehicle Contactless Ordering Capabilities via Uconnect Market Powered by Xevo

The Grubhub in-vehicle app will allow owners of eligible FCA vehicles to order past favorites for either pick-up or delivery, and allows FCA to meet the strong consumer demand for convenient, contactless transactions. BELLEVUE, Wash., Jan. 11, 2021 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that… Continue reading FCA and Grubhub to Deliver In-Vehicle Contactless Ordering Capabilities via Uconnect Market Powered by Xevo

Scuderia Cameron Glickenhaus teams up with Sauber for the SCG 007 hypercar racer – Wade Thiel

In 2021 we will finally see the introduction of the Le Mans Hypercar class, the LMH, which will replace the LMP1 class as the top of the line in endurance racing. One of the most famous races in the World Endurance Championship is without a doubt the legendary 24 Hours of Le Mans, to be… Continue reading Scuderia Cameron Glickenhaus teams up with Sauber for the SCG 007 hypercar racer – Wade Thiel

German Handelsblatt: Electric SUV not available: “Overbooking”: Opel cancels hundreds of orders for Mokka-e001069

Opel Mokka-e Opel was so surprised by the interest in its new top model that the car manufacturer is now even forced to terminate contracts that have already been concluded with hundreds of customers. (Photo: Opel) Munich Opel boss Michael Lohscheller is dissatisfied. From his point of view, a market share of just 3.9 percent… Continue reading German Handelsblatt: Electric SUV not available: “Overbooking”: Opel cancels hundreds of orders for Mokka-e001069

Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production

By Reuters Staff 4 Min Read TOKYO/DETROIT (Reuters) – Ford Motor Co, Toyota Motor Corp 7203.T, Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds from the coronavirus… Continue reading Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production

LafargeHolcim to acquire Firestone Building Products from Bridgestone Americas

Jan 7 , 2021 Nashville, Tenn. Acquiring industry leader in commercial roofing and building envelope solutions to position it for continued growth A milestone in the transformation of LafargeHolcim to become the global leader in innovative and sustainable building materials and solutions Strengthening LafargeHolcim’s biggest market, the US, with annual sales to exceed USD 6bn… Continue reading LafargeHolcim to acquire Firestone Building Products from Bridgestone Americas

3,900 Ford UAW members building Escape, Corsair lose work hours due to parts shortage

Thousands of UAW members will be off work next week as Ford Motor Co. shuts down its Louisville Assembly Plant, which builds the Ford Escape and Lincoln Corsair, because of an inability to get parts. While COVID-19 hasn’t shuttered factories nationally, the pandemic continues to have impact on the supply chain. “We are working closely with suppliers… Continue reading 3,900 Ford UAW members building Escape, Corsair lose work hours due to parts shortage

Chrysler Pacifica plant faces blockade over driver dispute

A dispute over the drivers who move newly built Chrysler Pacifica minivans away from the Windsor Assembly Plant could affect production there if it’s not resolved in the coming days. Unifor, the union representing Canadian autoworkers, set up a blockade outside the plant earlier this week to keep vehicles from being moved out of a holding yard after the drivers… Continue reading Chrysler Pacifica plant faces blockade over driver dispute

German Manager Magazin: New car registrations: Electric cars are growing strongly, but the German car market will shrink by 19 percent in 2020

In 2020, fewer new cars were registered nationwide than in ten years. With 2.92 million new registrations, the German fell Car market in the Corona crisis by a good 19 percent, as shown by figures from the Federal Motor Transport Authority. At the end of the year, sales were stronger than expected and so mitigated… Continue reading German Manager Magazin: New car registrations: Electric cars are growing strongly, but the German car market will shrink by 19 percent in 2020

@FCA: S&P raises its ratings on FCA N.V.

S&P raises its ratings on FCA N.V.S&P Global Ratings communicated today that it has upgraded its long term corporate credit rating on FCA N.V. from “BB+” to “BBB-”; Outlook is Stable.The short-term credit rating is upgraded from “B” to “A-3”.London, 8 January 2021AttachmentS&P raises the ratings of FCA N.V. Go to Source