Brussels, 14 May 2020 – CEOs from across the automotive value chain came together for a meeting with the European Commission to align on the priorities for a solid recovery plan for the automotive sector, with a view to stimulating the wider economy and bolstering the transformation to a carbon-neutral society. CEOs of vehicle manufacturers… Continue reading Press Releases – Automotive CEOs and European Commission discuss recovery plan that bolsters economy and Green Deal
Tag: FCA
FCA, PSA Group ditch dividend distribution over COVID-19
CLOSE The boards of Fiat Chrysler Automobiles and Peugeot maker PSA Group have nixed a planned dividend distribution in light of the coronavirus pandemic, but they say plans for their 50/50 merger remain on track. As part of their merger announcement last year, FCA and PSA Group had said each company would issue a $1.2 billion (1.1 billion euro) ordinary… Continue reading FCA, PSA Group ditch dividend distribution over COVID-19
GM predicts it will be back to full production in about 4 weeks
CLOSE Cadillac reinvents driving with system that steers car for long distances on highways The automaker brutalized by a 40-day UAW strike plans to take its sharpened rapid response skills and go from total shutdown to total production by mid-June, a top General Motors official acknowledged this week. “Not every facility will ramp up as fast as possible … Ideally,… Continue reading GM predicts it will be back to full production in about 4 weeks
All eyes on Detroit as automakers ready slow, careful reopening of plants
DETROIT (Reuters) – The U.S. factories that make Fords, Chevys and Jeeps are coming back to life this week as workers install new safety equipment and wake up machines ahead of the high-stakes restart the Detroit automakers plan to launch on Monday. Weld curtains hang across the door line at FCA’s Sterling Heights Assembly Plant… Continue reading All eyes on Detroit as automakers ready slow, careful reopening of plants
@FCA: Press Release FCA – PSA
IMPORTANT NOTICE By reading the following communication, you agree to be bound by the following limitations and qualifications:This communication is for informational purposes only and is not intended to and does not constitute an offer or invitation to exchange or sell or solicitation of an offer to subscribe for or buy, or an invitation to exchange,… Continue reading @FCA: Press Release FCA – PSA
FCA’s restart plan includes thermal cameras, 2,000 hand-sanitizing stations
Fiat Chrysler Automobiles workers will see some changes in light of the coronavirus pandemic when they return to their facilities, with most manufacturing plants reopening on Monday. The company early Tuesday laid out its health and safety plans for reopening its North American plants, noting that it had cleaned and disinfected more than 57 million square… Continue reading FCA’s restart plan includes thermal cameras, 2,000 hand-sanitizing stations
Voyage Partners with FCA to Deliver Fully Driverless Cars
Integrating our self-driving technology into a purpose-built Chrysler Pacifica Hybrid An AV-Ready Chrysler Pacifica A Necessary Partnership for Driverless Voyage has teamed up with FCA to accelerate Voyage’s deployment of fully driverless cars. We have integrated our self-driving technology into a purpose-built Chrysler Pacifica Hybrid, developed specifically by FCA for the integration of automated technology. Building a… Continue reading Voyage Partners with FCA to Deliver Fully Driverless Cars
Elon Musk Defies Lockdown Orders and Reopens Tesla’s Factory
Alameda County has reported 2,101 cases of Covid-19 and 71 deaths. But factory workers travel to the Fremont facility from as far away as Stockton, 60 miles away to the northeast, on a network of shuttle buses. Tesla on Saturday published a plan to reopen the factory safely, including procedures for increased cleaning and shift… Continue reading Elon Musk Defies Lockdown Orders and Reopens Tesla’s Factory
Fiat Chrysler and AV startup Voyage partner on self-driving minivans
Self-driving vehicle startup Voyage said Monday that it has inked a deal with Fiat Chrysler to supply purpose-built vehicles, a partnership that will help accelerate its plan to launch a fully driverless ride-hailing service. Voyage, a three-year-old startup that tests and operates a self-driving vehicle service (with human safety operators) in retirement communities in California… Continue reading Fiat Chrysler and AV startup Voyage partner on self-driving minivans
COVID-19 impact on rental car companies also hurts automakers
CLOSE Hertz and other rental car companies are being hammered by a loss of business connected to COVID-19. That also hurts automakers. (Photo: David Goldman, AP) The rental car business is a mess because of COVID-19, and it’s putting an extra dose of pressure on the auto industry, which provides the vehicles. The coronavirus pandemic has… Continue reading COVID-19 impact on rental car companies also hurts automakers