Tag: FCA

GM’s electric push risks market-share loss for top moneymakers

David Welch, Bloomberg Published 1:04 p.m. ET June 11, 2020 | Updated 1:06 p.m. ET June 11, 2020 General Motors Co.’s ambitious push into electric vehicles could pose a near-term risk as the automaker spends less to replace its more profitable gas-powered vehicles, according to an annual study published by Bank of America Global Research.… Continue reading GM’s electric push risks market-share loss for top moneymakers

Fiat Chrysler and Peugeot: the EU Antitrust node makes securities fall on the stock exchange

New thump on the lists for the two car manufacturers destined to join: the EU Commission could deepen the theme of concentration in the mini-van segment June 11, 2020 1 ‘of reading Fiat Chrysler and Peugeot react with substantial drops in front of the concrete possibility that the merger operation will slip by a few… Continue reading Fiat Chrysler and Peugeot: the EU Antitrust node makes securities fall on the stock exchange

Mary Barra: How GM shifted to high gear during coronavirus pandemic – Detroit Free Press

CLOSE GM hit a snag in its production of medical face masks when it came to sanitizing them. That’s when the Red Wings and two other NHL teams stepped in. Wochit The time it takes to get things done inside General Motors has been transformed during the coronavirus pandemic, as the company has shifted its… Continue reading Mary Barra: How GM shifted to high gear during coronavirus pandemic – Detroit Free Press

PSA and Fiat-Chrysler face exhaustive antitrust probe over merger

PSA and Fiat-Chrysler face exhaustive antitrust probe over merger Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Not sure which package… Continue reading PSA and Fiat-Chrysler face exhaustive antitrust probe over merger

Electric truck start-up Nikola takes on car giants

An electric truck company that has yet to deliver a single vehicle already has a market value higher than industry stalwart Fiat Chrysler. Since listing on the Nasdaq last week, the US start-up Nikola has seen its share price more than double, sending its market value to $26.3bn (£20.5bn). The gains came after the firm… Continue reading Electric truck start-up Nikola takes on car giants

Fiat Chrysler plans to resume Panda production on June 16 -union

FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca/File Photo MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) plans to resume production of its Panda small car at its plant in Pomigliano, near Naples in southern Italy, on June 16, a union representative said on Wednesday. The restart,… Continue reading Fiat Chrysler plans to resume Panda production on June 16 -union

@FCA: Statement: 12-volt battery connection

June 10, 2020 , Auburn Hills, Mich. – FCA US LLC is recalling an estimated 27,634 vehicles globally, to address a 12-volt battery connection that may pose fire risk. Twelve-volt battery systems provide power to auxiliary features, such as radios and remote-control garage-door openers. The Company is aware of a small number of related fires.  All… Continue reading @FCA: Statement: 12-volt battery connection

Nikola Motor to open pre-orders for fuel cell pickup truck to compete with Ford, Tesla

Nikola Motor Company, the Arizona startup that made its debut as a publicly traded company June 4, will open reservations later this month for a hydrogen fuel cell electric pickup truck that was designed to compete with the Ford F-150. Reservations, or pre-orders, will open June 29 for the hydrogen-electric pickup truck known as the… Continue reading Nikola Motor to open pre-orders for fuel cell pickup truck to compete with Ford, Tesla