AUBURN HILLS, Mich., Oct. 21, 2020 /PRNewswire/ — Nexteer Automotive launches High-Output Electric Power Steering (EPS) that delivers advanced safety and comfort features as well as enhanced fuel efficiency for heavy-duty (HD) trucks and light commercial vehicles (LCVs). Now with the ability to steer these vehicle types electrically, drivers of HD trucks and LCVs can benefit… Continue reading Nexteer Unveils New High-Output Electric Power Steering System
Tag: FCA
Tekion Raises $150M in Series C; at $1B+ Valuation
Tekion, a San Ramon, Calif.-based cloud technology company and provider of SaaS retail operating platform, Automotive Retail Cloud, raised $150m in Series C financing round at over a $1 billion valuation. The round was led by Advent International with participation from Index Ventures, Exor (the holding company of Fiat Chrysler Automobiles and Ferrari), Airbus Ventures and… Continue reading Tekion Raises $150M in Series C; at $1B+ Valuation
FCA Enhances Online Retailing Experience
AUBURN HILLS, Mich., Oct. 21, 2020 /PRNewswire/ — Online Retailing Experience to now be called E-Shop Test drive appointments, online chats and other features to be added to E-Shop FCA is enhancing consumer capability to buy a Chrysler, Dodge, Jeep®, Ram, Fiat or Alfa Romeo vehicle over the internet by offering several new features to… Continue reading FCA Enhances Online Retailing Experience
FCA CEO: Automakers need government support in Europe amid ‘biggest single risk ever’
Fiat Chrysler Automobiles NV CEO Mike Manley called on European policymakers Tuesday to step up their support for automakers in their transition to electrified vehicles as the novel coronavirus pandemic represents the “biggest single risk ever to face our industry.” In the first half of the year, production on the continent of an estimated 3.6… Continue reading FCA CEO: Automakers need government support in Europe amid ‘biggest single risk ever’
VW gauges interest in Ducati brand as a prelude to potential sale: sources
LONDON/FRANKFURT (Reuters) – Volkswagen Group VOWG_p.DE is hosting preliminary talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people familiar with the matter told Reuters. Slideshow ( 2 images ) During the five-year planning round, VW will review the future of… Continue reading VW gauges interest in Ducati brand as a prelude to potential sale: sources
@FCA: New Unifor-FCA Collective Bargaining Agreement Strengthens Commitment to Canadian Operations With Investment and Jobs
October 19, 2020 , Windsor, Ontario – FCA Canada confirmed today that its Unifor-represented workforce has ratified a new three-year agreement that builds on the Company’s commitment to grow its Canadian manufacturing operations by providing total investments of up to $1.58 billion and creating 2,000 new jobs. “FCA has maintained a strong footprint in Canada for… Continue reading @FCA: New Unifor-FCA Collective Bargaining Agreement Strengthens Commitment to Canadian Operations With Investment and Jobs
Fiat Chrysler to invest up to $1.5 billion to build EVs at Canadian plant
By Reuters Staff 2 Min Read FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo (Reuters) – Fiat Chrysler Automobiles NV will invest between $1.35 billion and $1.5 billion in its Windsor assembly plant in Canada to build electric vehicles… Continue reading Fiat Chrysler to invest up to $1.5 billion to build EVs at Canadian plant
Exclusive: PSA to ditch its two small gasoline city cars, sources say
By Gilles Guillaume 4 Min Read PARIS (Reuters) – PSA PEUP.PA is ending the production of Peugeot and Citroën small city cars, three sources told Reuters, withdrawing from an increasingly unprofitable market as its starts a strategic review ahead of its planned merger with Fiat Chrysler FCHA.MI. A Peugeot logo is seen on a car… Continue reading Exclusive: PSA to ditch its two small gasoline city cars, sources say
@FCA: Statement on FCA Labour Talks with Unifor
October 15, 2020 , Windsor, Ontario – FCA Canada confirms that the Company has reached a tentative agreement with Unifor on a new contract. Further details will be provided at a later date. FCA Canada confirme que l’entreprise a conclu un accord préliminaire avec Unifor au sujet d’une nouvelle convention. De plus amples détails seront divulgués ultérieurement. FCA… Continue reading @FCA: Statement on FCA Labour Talks with Unifor
GM files appeal in RICO lawsuit against FCA
Detroit — General Motors Co. is pushing forward with its racketeering lawsuit against Fiat Chrysler Automobiles NV in an appeal to the 6th Circuit Court of Appeals filed Tuesday. GM’s case was cast aside by U.S. District Judge Paul Borman, even after the automaker presented new allegations in August that United Auto Workers leaders pocketed bribes from the… Continue reading GM files appeal in RICO lawsuit against FCA