Tag: FCA

FCA to idle minivan production for a week to adjust inventories

Through September, FCA had sold 91,595 Pacificas in the United States, up 6.1 percent over the first nine months of 2017. Photo credit: FCA Fiat Chrysler Automobiles said it will idle its minivan plant in Windsor, Ont., for a week beginning Oct. 29 in order to “adjust inventories.” FCA builds its Dodge Grand Caravan and… Continue reading FCA to idle minivan production for a week to adjust inventories

VW and Waymo?

According to unconfirmed media reports, Volkswagen plans to join Waymo. The car company Volkswagen looking for cooperation partners – that’s official. But it works around partner on the issue of liability. SEDRIC jury. Source: VW Along with Siemens you test the networking of crossing and in terms of networking you are also with Microsoft together… Continue reading VW and Waymo?

Chinese EV startup WM Motor raising at least $288 mln from Baidu, others – sources

HONG KONG (Reuters) – Chinese electric vehicle (EV) startup WM Motor Technology Co Ltd aims to raise at least 2 billion yuan ($288.33 million) in its latest funding round to finance growth, valuing the nearly four-year-old firm at over 20 billion yuan, two people told Reuters. FILE PHOTO: WM Motor’s founder and CEO Freeman Shen… Continue reading Chinese EV startup WM Motor raising at least $288 mln from Baidu, others – sources

UPDATE 2-Ford third-quarter profit beats estimates, shares rise

DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday reported slightly higher-than-expected third-quarter profit and stuck to its targets for the year, raising investor hopes for a strong fourth quarter and sending its shares up 7 percent after hours. The logo of the Ford Motor Company is seen outside a car dealership in Cape Town,… Continue reading UPDATE 2-Ford third-quarter profit beats estimates, shares rise

BMW Group enlists KPIT and TTTech as software development partners for autonomous driving. Strong partnerships serve as enablers for Autonomous Driving Platform.

In teaming up with KPIT and TTTech, the BMW Group has chosen software partners with a global footprint and proven expertise in the development of both software platforms and autonomous driving technologies. The partners will be able to assist with rolling out the software stack within the Autonomous Driving Platform to third parties, thereby facilitating… Continue reading BMW Group enlists KPIT and TTTech as software development partners for autonomous driving. Strong partnerships serve as enablers for Autonomous Driving Platform.

Ford, Fiat and Nissan ads banned

Three different carmakers have had ads banned for encouraging unsafe driving. Two ads for Ford Mustang cars fell foul of the Advertising Standards Authority (ASA) after viewers complained that they showed driving as a way of releasing anger. The ASA also ruled against a Nissan Micra ad which it said depicted driving at excessive speeds.… Continue reading Ford, Fiat and Nissan ads banned

Calsonic Kansei and Magneti Marelli to Create a Leading Independent Automotive Components Supplier

October 22, 2018 , London – Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU/MTA: FCA) announces that it has entered into a definitive agreement (the “Transaction”) to sell its automotive components business Magneti Marelli S.p.A. (“Magneti Marelli”) to CK Holdings Co., Ltd. (“CK Holdings”), a holding company of Calsonic Kansei Corporation (“Calsonic Kansei”), a leading Japanese automotive… Continue reading Calsonic Kansei and Magneti Marelli to Create a Leading Independent Automotive Components Supplier

Exclusive: Andy Palmer on apprenticeships, Ferrari, James Bond and Aston Martin going public

In our exclusive interview with Aston Martin President and CEO Andy Palmer he talks about the launch of the Palmer Foundation, the company’s upcoming IPO, the new Project 003 hypercar, Lagonda luxury models, Brexit and, of course, James Bond. You’ve just announced a new charitable project dealing with a subject that’s very close to your… Continue reading Exclusive: Andy Palmer on apprenticeships, Ferrari, James Bond and Aston Martin going public