@FCA: Statement: Powertrain Control Module Software 20200821

August 21, 2020 , Auburn Hills, Mich. – FCA US LLC is voluntarily recalling an estimated 58,016 vehicles in the U.S. to update certain powertrain software that will help prevent engine stall. An FCA investigation discovered the tone wheel in a small percentage of engines may, over time, lose magnetic material. Should this occur, it may… Continue reading @FCA: Statement: Powertrain Control Module Software 20200821

Harley’s activist investor backs business reboot strategy

CHICAGO (Reuters) – An activist investor who shook up Harley-Davidson Inc (HOG.N) earlier this year said he is impressed with the changes initiated by new Chief Executive Jochen Zeitz to turn around the 117-year-old motorcycle company. FILE PHOTO: A Harley Davidson logo is displayed above the floor of the New York Stock Exchange shortly after… Continue reading Harley’s activist investor backs business reboot strategy

German FAZ: Why the PSA deal is so attractive for the Fiat heirs000073

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@Ferrari: Ferrari signs the 2021-2025 Concorde Agreement

Maranello (Italy), 18 August 2020 – Ferrari N.V. (NYSE/MTA: RACE) announces that Ferrari S.p.A. has signed today the two agreements that will govern the Scuderia’s participation in the FIA Formula One World Championship over the five year period from 2021 to 2025. The agreement, which was signed with the Fédération Internationale de l’Automobile (“FIA”) and… Continue reading @Ferrari: Ferrari signs the 2021-2025 Concorde Agreement

Ferrari signs the 2021-2025 Concorde Agreement

Maranello (Italy), 18 August 2020 – Ferrari N.V. (NYSE/MTA: RACE) announces that Ferrari S.p.A. has signed today the two agreements that will govern the Scuderia’s participation in the FIA Formula One World Championship over the five year period from 2021 to 2025.The agreement, which was signed with the Fédération Internationale de l’Automobile (“FIA”) and Formula… Continue reading Ferrari signs the 2021-2025 Concorde Agreement

Manley and friend Tavares kept alive FCA-PSA merger talks – Automotive News Europe

November 04, 2019 05:04 AM Manley: Relationships sped progress. Fiat Chrysler Automobiles CEO Mike Manley made three trips across the Atlantic Ocean recently — one to Frankfurt, two to Paris — with a scrapped merger with Renault still fresh in his memory. On the other end of those excursions, according to a person familiar with… Continue reading Manley and friend Tavares kept alive FCA-PSA merger talks – Automotive News Europe

Hyundai Motor America Names Fred DePerez Vice President of Product Line Management and Sales Planning

Hyundai’s Product Line Management group focuses on ways to improve performance by analyzing target customers, segment dynamics and the dealer’s engagement level of each Hyundai vehicle. Sales Planning analyzes industry-wide trends and identifies national and regional growth opportunities for Hyundai. Retail Operations manages Hyundai’s national incentive spending, certified pre-owned programs and sales planning activities. DePerez… Continue reading Hyundai Motor America Names Fred DePerez Vice President of Product Line Management and Sales Planning

Fiat Chrysler drops provocative hints about the new Jeep Grand Wagoneer

Jeep is prepping its fans for something grand. It’s no secret that Fiat Chrysler Automobiles is reviving the Wagoneer and Grand Wagoneer. Now we apparently know that details are coming soon. On Friday, the company posted two images on its corporate website. One is a start button from inside a vehicle and another features the letters,… Continue reading Fiat Chrysler drops provocative hints about the new Jeep Grand Wagoneer

GM to appeal after judge denies effort to revive racketeering suit against Fiat Chrysler

A federal judge in Detroit has denied General Motors’ effort to revive its racketeering lawsuit against Fiat Chrysler Automobiles. U.S. District Court Judge Paul Borman issued an order Friday, saying the court did not err in its earlier actions and that GM’s “newly discovered evidence is too speculative to warrant reopening this case.” Borman said in his… Continue reading GM to appeal after judge denies effort to revive racketeering suit against Fiat Chrysler

Judge refuses to revive GM racketeering suit vs. FCA

Detroit — New allegations that Fiat Chrysler Automobiles NV executives bribed United Auto Workers officials with tens of millions of dollars stashed in secret offshore bank accounts is “too speculative” and do not warrant reinstating a federal lawsuit, a judge said Friday. U.S. District Judge Paul Borman issued the order one week after General Motors Co. leveled… Continue reading Judge refuses to revive GM racketeering suit vs. FCA