Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects

With the launch of its excellent DB11, Aston Martin sales spiked 56 percent in 2017, with more than 5,100 cars sold, the most the company has shifted since 2008. Aston’s leader from 2014, Englishman Andy Palmer, is strongly optimistic about the prospects for the company, founded in 1913, over its next century, as the onetime… Continue reading Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects

GM reports $3.9 billion loss for 2017

General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. reported Tuesday a loss of $3.9 billion in 2017, due largely to charges related to the new tax law and the Opel-Vauxhall sale, in what the company characterized as a very strong year. Even though… Continue reading GM reports $3.9 billion loss for 2017

GM CEO Mary Barra says too many women quit their jobs for the wrong reason

When it comes to General Motors, you might say that CEO Mary Barra is ride or die. At 18, she started working for GM as a way to help pay for her college tuition. Her gig, inspecting hoods and fender panels of the Pontiac Grand Prix, turned out to be the first step in a lifelong… Continue reading GM CEO Mary Barra says too many women quit their jobs for the wrong reason

S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin

Posted 06/02/2018 14:17:37CET LONDON, Feb. 6 (EUROPE PRESS) – The credit rating agency S & P has revised up the long-term rating of the Fiat Chrysler Automobiles (FCA) automobile consortium, which goes from ‘BB’ to ‘BB +’ (questionable quality, with uncertain long-term capacity with great sensitivity to adverse environments). The firm explained that this improvement… Continue reading S & P upgrades Fiat Chrysler’s long-term rating to ‘BB +’ for its strong profit margin

Continental & Nvidia want leadership in Autonomous Driving

The two companies, Continental and Nvidia, agree on a collaboration for autonomous driving. A new cooperation in the field of autonomous driving is beginning. In doing so, the suppliers want Continentalwho is also the BMW coalition belongs to the Baidu partners and the IT specialist Nvidia cooperate. Nvidia works with many companies, especially the IT… Continue reading Continental & Nvidia want leadership in Autonomous Driving

BRIEF-Fiat Chrysler says Tim Kuniskis appointed head of Alfa Romeo, Maserati brands

Feb 5 (Reuters) – Fiat Chrysler Automobiles says: * APPOINTED TIM KUNISKIS AS HEAD OF ALFA ROMEO AND MASERATI BRANDS * REID BIGLAND REMAINS HEAD OF U.S. SALES AND PRESIDENT OF FCA CANADA Source text for Eikon: Further company coverage: (Reporting by Milan newsroom) Our Standards:The Thomson Reuters Trust Principles.

U.S. seeks ‘substantial’ fines in Fiat Chrysler emissions case -source

WASHINGTON (Reuters) – The U.S. Justice Department is seeking “substantial” civil fines from Fiat Chrysler Automobiles NV after the government filed suit accusing the company of illegally using software that led to excess emissions in 104,000 U.S. diesel vehicles sold since 2014, a person briefed on the matter said on Friday.