BMW presses the brake on spending, against the background of the coronavirus crisis. The Bavarian automaker confirms, this Friday, its intention to cut 6,000 jobs in 2020, in particular via retirements. As a reminder, the group employed around 126,000 people at the end of 2019. “After the existing flexibility measures,” including short-time working, “additional measures… Continue reading Coronavirus: BMW cuts 6,000 jobs and breaks with Daimler
Tag: FCA
@Daimler: BMW Group and Mercedes-Benz AG put development cooperation in automated driving temporarily on hold
Both companies will continue to pursue their own development path Technological understanding of both partners remains a good fit Successful collaboration to continue in other fields as planned Fröhlich: “Current technology puts us into excellent position for many years” Schäfer: “Sounding out possibilities with partners outside automotive sector” The BMW Group and Mercedes-Benz AG are… Continue reading @Daimler: BMW Group and Mercedes-Benz AG put development cooperation in automated driving temporarily on hold
@BMW: Partners reach joint decision: BMW Group and Mercedes-Benz AG put development cooperation in automated driving temporarily on hold – may be resumed later
Munich/Stuttgart. The BMW Group and Mercedes-Benz AG are putting their cooperation on development of next-generation technology for automated driving temporarily on hold. Following extensive review, the two companies have arrived at a mutual and amicable agreement to concentrate on their existing development paths – which may also include working with current or new partners. Both… Continue reading @BMW: Partners reach joint decision: BMW Group and Mercedes-Benz AG put development cooperation in automated driving temporarily on hold – may be resumed later
Ford’s redesigned F-150 pickup will offer greater connectivity, sleeper seat
DETROIT (Reuters) – Ford Motor Co (F.N) next week will show the next generation of its brawny F-150 pickup truck that offers a new sleeper-seat feature and over-the-air software updates in a machine Ford is counting on to help pay off coronavirus-related debts. FILE PHOTO: A Ford 2018 F150 pick-up truck moves down the assembly… Continue reading Ford’s redesigned F-150 pickup will offer greater connectivity, sleeper seat
Vans, not glamorous, but key as EU weighs autos mega-merger
MILAN/PARIS (Reuters) – Their silhouettes don’t stir dreams of adventure like a sports car or trendy SUV, but vans are a rare source of profit for European carmakers, which is why EU regulators are focused on them as they decide whether to back an industry mega-merger. FILE PHOTO: A Peugeot Rifter 4×4 concept van is… Continue reading Vans, not glamorous, but key as EU weighs autos mega-merger
@FCA: Statement: Software Update
June 18, 2020 , Auburn Hills, Mich. – FCA is voluntarily recalling 67,248 U.S.-market vehicles to update certain transmission software. A review of customer data prompted an FCA investigation that discovered a driveline connection may, in certain circumstances, slip. Should this occur, it may lead to loss of propulsion and prevent the transmission from engaging PARK… Continue reading @FCA: Statement: Software Update
PSA / FCA: what remedies to get the green light from Brussels?
Carlos Tavares, Chairman of the PSA Management Board, repeatedly affirmed : the project to merge the French carmaker with Fiat Chrysler (FCA) is highly strategic, and the two groups are ready to make “all the concessions necessary” to obtain the precious sesame of Brussels. Now that the Commission has announced the initiation of a full… Continue reading PSA / FCA: what remedies to get the green light from Brussels?
European regulators plan longer investigation of FCA, PSA Group merger plans
CLOSE Regulators in Europe plan to take a longer look at the proposed merger of Fiat Chrysler Automobiles and the maker of Peugeot, raising concerns about the potential negative impact on competition. European Commission Executive Vice President Margrethe Vestager, in remarks posted on the commission’s website Wednesday, pointed specifically at the commercial van sector as… Continue reading European regulators plan longer investigation of FCA, PSA Group merger plans
Demand spurs most Fiat Chrysler plants to skip summer shutdown
Most of Fiat Chrysler Automobiles NV’s plants in North America will not shut down for a week or two this summer after idling for two months earlier this year because of the novel coronavirus outbreak. The plants, which include Jefferson North Assembly in Detroit and Sterling Heights Assembly, will continue to run “in order to… Continue reading Demand spurs most Fiat Chrysler plants to skip summer shutdown
EU opens investigation into Fiat Chrysler-PSA merger over commercial van competition
A four-month antitrust investigation launched by the executive brand of the European Union on Wednesday into the pending merger between Fiat Chrysler Automobiles NV and French rival Groupe PSA should not affect the companies’ goal to close their transaction by the end of March 2021, the automakers said. The probe is a setback for the… Continue reading EU opens investigation into Fiat Chrysler-PSA merger over commercial van competition