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.

Automotive Manufacturing Management

Renault-Nissan to Name Alliance Chief

By: Bill Hampton - November 29, 2019 at 1:35 PM

Renault, Nissan and Mitsubishi Motors say they will install a general secretary to oversee and coordinate the activities of their 20-year-old alliance.

Labor

Daimler Will Cut at Least 10,000 Jobs in 3 Years

By: Bill Hampton - November 29, 2019 at 9:49 AM

Daimler AG says it will reduce its global workforce 3% or at least 10,000 jobs by the end of 2022.

Business

PSA Confirms Sale of Stake in Changan Venture

By: Bill Hampton - November 29, 2019 at 1:20 AM

PSA Group confirms it is selling its 50% stake in a carmaking venture with China’s Changan Automobile Group.

Automotive Sales and Industry Production

Russia to Launch Subsidized Car Loans

By: Bill Hampton - November 29, 2019 at 12:06 AM

Russia’s central government plans to spend $78 million in 2020 to subsidize loans for new cars, Reuters reports, citing two of the country’s news agencies.

Legal Liabilities in Automotive Manufacturing

German Court Rules on VW Diesel Compensation

By: Bill Hampton - November 28, 2019 at 10:42 AM

A German court says Volkswagen customers in the country who unknowingly bought diesels rigged to cheat on emission tests are entitled to compensation from the company.

Production

Nissan Touts Automated Powertrain Assembly

By: Bill Hampton - November 28, 2019 at 2:34 AM

Nissan Motor Co. is updating its flagship Tochigi auto assembly plant with a highly automated system to assemble and install hybrid and all-electric powertrains.

Finance

U.S. Economy Grew at 2.1% Rate in 3Q

By: Bill Hampton - November 27, 2019 at 11:42 AM

The American economy expanded by an upwardly revised 2.1% in the third quarter, according to the U.S. Dept. of Commerce.

Regulatory

FCA Recalls Fiat 500s for Shifter Defect

By: Bill Hampton - November 27, 2019 at 11:22 AM

Fiat Chrysler Automobiles NV is recalling 72,800 of its Fiat 500 minicars to replace a cable bushing that could make it impossible to shift gears.

Automotive Manufacturing Management

BMW Reaches Labor Deal to Cut Bonuses

By: Bill Hampton - November 27, 2019 at 11:09 AM

BMW AG and its unions have agreed to a plan that will reduce bonuses paid to hourly workers in Germany, beginning next year.

Automotive Manufacturing Management

Chinese Carmakers Eye Indian Market

By: Satnam Singh - November 27, 2019 at 2:04 AM

Chinese vehicle manufacturers, who are facing slumping sales in their home market, are looking at India for potential growth.

EV-Hybrid

Lincoln to Use EV Chassis by Rivian?

By: Bill Hampton - November 26, 2019 at 5:47 PM

Ford Motor Co.’s Lincoln brand reportedly plans to introduce its first battery-powered SUV in 2022, using a platform developed by EV startup Rivian Automotive LLC.

Regulatory

Ford Recalls Ranger Pickups for Taillamp Flaw

By: Bill Hampton - November 26, 2019 at 3:59 PM

Ford Motor Co. is calling back 2019 model Ranger midsize pickup trucks with taillamps and rear turn signals that may stop working.