Management

Fiat Chrysler, PSA Ready to Sign Merger Pledge

December 12, 2019 at 5:43 PM

it will be a very big deal, literally, when PSA Group and Fiat Chrysler Automobiles formalize their plan next week to merge.

Putting a Fine Point on Vehicle Locator Tech

If you want your car to drive itself, it has to know precisely where it is at all times. GPS alone isn’t up to the task, says Mark Vogel of Mitsubishi Electric.

Legal

BMW Sues A/C Suppliers for Price Fixing

By: Bill Hampton - December 05, 2019 at 3:07 AM

BMW AG is demanding $155 million in damages from two suppliers of air-conditioning systems, claiming they conspired to rig prices.

Automotive Manufacturing Management

November Car Sales Rise in France, Italy, Spain

By: Bill Hampton - December 05, 2019 at 2:45 AM

Car sales last month grew in France, Italy and Spain, but mainly because of one-time effects that mask underlying market weakness.

Legal

52 Suppliers Settle Calif. Antitrust Claims

By: Bill Hampton - December 05, 2019 at 1:52 AM

A group of 52 suppliers has agreed to pay California a combined $23 million for rigging bids and fixing prices on a wide range of auto parts.

Finance

Italy Says Fiat Undervalued Chrysler in Takeover

By: Bill Hampton - December 05, 2019 at 1:02 AM

After Fiat Group acquired Chrysler Group in 2014, it undervalued the American company by €5.1 billion ($5.6 billion), according to Italy’s tax bureau.

Automotive Manufacturing Management

Ex-GM Board Member Ashton Pleads Guilty in UAW Corruption Probe

By: Bill Hampton - December 04, 2019 at 5:27 PM

Joseph Ashton, a former vice president of the United Auto Workers union and labor representative on the General Motors Co. board, pleaded guilty today of money laundering and wire fraud.

Automotive Manufacturing Management

Americans Log More Miles but Fall Short of Peak

By: Steve Plumb - December 04, 2019 at 5:18 PM

The average American regardless of age covered 8,855 miles by car last year, up 4.5% from 2013, according to Sivak Applied Research. 

Labor

FCA Labor Deal Goes to UAW Workers for Vote

By: Bill Hampton - December 04, 2019 at 4:37 PM

United Auto Workers members are expected to begin a ratification vote on Friday for a four-year labor deal with Fiat Chrysler Automobiles NV.

Automotive Manufacturing Management

Toyota, BMW Increase Investment in May Mobility

By: Steve Plumb - December 04, 2019 at 3:23 PM

Self-driving-shuttle company May Mobility Inc. has raised $50 million in a Series B funding round led by Toyota Motor Corp.

Regulatory

Takata Recalls Another 1.4 Million Airbag Inflators

By: Bill Hampton - December 04, 2019 at 3:09 PM

Bankrupt Takata Corp. is recalling another 1.4 million vehicles in the U.S. that were equipped with its exploding airbag inflators.

EV-Hybrid

German EV Retrofitter Expands Beetle Business

By: Steve Plumb - December 04, 2019 at 2:37 PM

German electrification specialist eClassics GmbH is partnering with a British garage to expand production of electrified Type 1 Beetles.

New Product

Tesla Moving Up Model Y Launch Again?

By: Steve Plumb - December 04, 2019 at 1:14 PM

Tesla Inc. may begin delivering its new Model Y electric crossover vehicle in the first quarter of 2020, according to Deutsche Bank analysts.

Mobility

Chinese Community Offers Autonomous Shuttles

By: Steve Plumb - December 04, 2019 at 12:15 PM

Chinese real estate firm Seedland Group has launched an autonomous shuttle service at its Boston Ivy gated community in Guangzhou.