CLOSE Fiat Chrysler Automobiles continues making plans for its expected merger with Peugeot-maker PSA Group. On Monday, the company announced another piece in that process — two key appointments — as it prepares to spin off its robotics unit, Comau, a move highlighted in its merger announcement in December. Paolo Carmassi, a former Honeywell executive,… Continue reading FCA picks CEO, chair for Comau robotics unit on way to PSA Group merger
Tag: FCA
Ford restarts all its operations south of the border, FCA adds shifts
CLOSE Ford knew its decision to build a new plant in Mexico would create a political firestorm on Tuesday, yet it forged ahead anyway. (Photo: Paul Sakuma, AP) Ford Motor Co. has restarted its plants in Mexico after weeks of shutdown due to the coronavirus, it said Monday. The automaker offered little detail on exactly… Continue reading Ford restarts all its operations south of the border, FCA adds shifts
@FCA: FCA North America Plant Restart Schedule
Full-time FCA employees at work – week of June 1, 2020: U.S.: 85% (28,310 of 33,350) Canada: 99% (7,785 of 7,890)Mexico: 88% (12,050 of 13,700)TOTAL: 88% (48,145 of 54,940) Plant/Shift Pattern May 18 May 19 May 25 May 26 June 1 June 8 June 15 Jefferson North Assembly Plant (3-2-120) 1 2 3 crews Sterling Heights Assembly… Continue reading @FCA: FCA North America Plant Restart Schedule
Fiat Chrysler to list robot-making business after PSA merger
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 MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) said it planned to list robot making business, giving more detail on Monday about the future of Turin-based Comau, which it already planned to… Continue reading Fiat Chrysler to list robot-making business after PSA merger
Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim
Opel plant in Rüsselsheim So far, no Peugeot models have been manufactured at the German carmaker’s plant. (Photo: dpa) Munich It is an appeal that gives an idea of how great the need is Opel must be straight. “Please advertise our models in your families and among your friends,” demanded CEO Michael Lohscheller the car… Continue reading Car manufacturer: Opel will build PSA car for the first time in Rüsselsheim
Automaker: Opel’s secret plan for Rüsselsheim: third model against new cuts
Opel plant in Rüsselsheim So far, no Peugeot models have been manufactured at the German carmaker’s plant. (Photo: dpa) Munich It is an appeal that gives an idea of how great the need is Opel must be straight. “Please advertise our models in your families and among your friends,” demanded CEO Michael Lohscheller the car… Continue reading Automaker: Opel’s secret plan for Rüsselsheim: third model against new cuts
@Ferrari: The second phase of the “Back on Track” programme is underway with serological tests for employees’ families
The tests will be available from 9 June for family members of Ferrari employees and suppliers operating within the company. Maranello, 29 May 2020 – The “Back on Track” programme, introduced by Ferrari to protect the health of its people when production resumes, has now entered its second phase focusing on the families of employees… Continue reading @Ferrari: The second phase of the “Back on Track” programme is underway with serological tests for employees’ families
Italy’s credit agency SACE approves state guarantees for FCA $7 billion bank loan: source
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook MILAN (Reuters) – The board of Italy’s export credit agency SACE has approved state guarantees covering 80% of a 6.3 billion euro ($7 billion) bank loan for Fiat Chrysler (FCHA.MI) (FCAU.N),… Continue reading Italy’s credit agency SACE approves state guarantees for FCA $7 billion bank loan: source
@FCA: Moody’s confirms FCA N.V.’s Ba1 ratings; developing Outlook
Moody’s confirms FCA N.V.’s Ba1 ratings; developing Outlook Go to Source
GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns
DETROIT (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) are using fast-payment programs set up with financial lenders to help cash-strapped small suppliers survive production shutdowns caused by the coronavirus pandemic. FILE PHOTO: A partially assembled V6 engine, used in a variety of General Motors cars, trucks and crossovers, moves down the… Continue reading GM, Ford turn to fast-payment programs to aid suppliers hit by shutdowns