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Showing posts from November, 2019

UAW, FCA reach tentative labor agreement

Details were not released but a council made up of officers from UAW locals representing Fiat Chrysler workers across the U.S. must approve the agreement before it's presented to members for ratification. The council will review the pact on Wednesday, the union said Saturday.   from Section Page News - Automotive News https://ift.tt/2rFVHkW via IFTTT

UAW, FCA reach tentative agreement

A council made up of officers from UAW locals representing Chrysler workers across the U.S. must approve the agreement before it's presented to members for ratification. The council will review the pact on Wednesday, the union said Saturday.   from Section Page News - Automotive News https://ift.tt/2rC7Pnd via IFTTT

McLaren harnesses the magic of its limited runs

Since launching the P1 hypercar in 2013, the company has added three models to its top-tier Ultimate Series, a pace quicker than initially expected. from Section Page News - Automotive News https://ift.tt/2q8FRz0 via IFTTT

Toyota AI Ventures exec sets sights on future mobility

The company's founding managing director, Jim Adler, talks with Automotive News about the second round of capital for projects ranging from micromobility to robotics. from Section Page News - Automotive News https://ift.tt/2L6Ljtr via IFTTT

GM lawsuit could mean major liabilities for FCA

FCA faces massive financial, legal and reputational risks if GM's labor racketeering lawsuit gains momentum in the courts. Not a good thing for a company negotiating a merger with another global automaker. from Section Page News - Automotive News https://ift.tt/2L6Dggc via IFTTT

Daimler to ax 10,000 jobs in latest industry cuts

Daimler joins German premium rivals Audi and BMW in seeking to reduce labor costs to help manage the disruptive shift to self-driving and electric cars. from Section Page News - Automotive News https://ift.tt/2OyHiQB via IFTTT

Renault-Nissan plans to reboot alliance with new overseer

A new alliance general secretary has already been recruited, a source told Reuters. Establishing a common platform for EVs will be one of the executive's key tasks, the source said. from Section Page News - Automotive News https://ift.tt/37O1wgY via IFTTT

PSA, Changan ready sale of China factory

PSA said it will continue to sell upscale DS cars in China even after the French automaker and Chinese partner Changan Auto have each sold their stakes in a manufacturing tie-up. from Section Page News - Automotive News https://ift.tt/34xWy5V via IFTTT

BMW, Great Wall to open 160,000-capacity China plant

BMW and Great Wall will build EVs for Mini and models for the Chinese automaker at a new factory near Shanghai. from Section Page News - Automotive News https://ift.tt/2slyJQn via IFTTT

Daimler will cut thousands of jobs worldwide

Daimler joins German premium rivals Audi and BMW in seeking to reduce labor costs to help manage the disruptive shift to self-driving and electric cars. from Section Page News - Automotive News https://ift.tt/2XW7Vls via IFTTT

VW seeks future-proof components arm

VW knows it must transform its in-house components business. But how to do it when the industry is veering away from internal-combustion engines? from Section Page News - Automotive News https://ift.tt/2qYzkai via IFTTT

CEO seeks to right Adient's ship

In his first year at the helm of Adient, Doug DelGrosso has focused on moving the company past its debt burden. from Section Page News - Automotive News https://ift.tt/37MbwqJ via IFTTT

Alfa Romeo set to fix product ‘shortcomings'

Aggressive expansion plans have been scaled back and the company will focus on updates to its current models, the Giulia and Stelvio, while looking forward to two new SUVs. from Section Page News - Automotive News https://ift.tt/2OtqcUi via IFTTT

FCA recalls 72,000 Fiat 500s

The recall affects 2012-13 model-year Fiat 500s: 51,788 vehicles in the U.S.; 10,627 in Canada; 3,520 in Mexico and 6,826 outside of North America. from Section Page News - Automotive News https://ift.tt/2KZ9ABr via IFTTT

FCA recalls 72,000 Fiat 500 vehicles

The recall affects 2012-13 model-year Fiat 500s: 51,788 vehicles in the U.S.; 10,627 in Canada; 3,520 in Mexico and 6,826 outside of North America. from Section Page News - Automotive News https://ift.tt/2rsg84W via IFTTT

Musk to testify in own defense in defamation trial, his lawyer says

There was no sign either side was interested in settling the case before a trial scheduled to begin on Dec. 3 in the Los Angeles federal court. from Section Page News - Automotive News https://ift.tt/2Oqs28d via IFTTT

FCA, PSA work to avoid antitrust problems in merger

Respecting antitrust regulations, especially in the EU, will be crucial for the two automakers until the proposed tie-up is fully completed. from Section Page News - Automotive News https://ift.tt/2qGlMQX via IFTTT

BMW reaches agreement with unions to cut costs

BMW had been in talks with labor representatives and its top suppliers as it seeks to achieve cost savings of more than $13.2 billion by 2022. from Section Page News - Automotive News https://ift.tt/2ONNCCO via IFTTT

BMW management and labor reach agreement to cut costs

The agreement involves reducing bonuses for workers based on company profits, as well changes to Christmas and other bonuses for some workers. from Section Page News - Automotive News https://ift.tt/2KYa0YK via IFTTT

Feuding Korean battery suppliers risk disrupting EV production

SK Innovation and LG Chem have hit each other with U.S. lawsuits for battery patent infringements in a dispute that threatens to disrupt the production of EVs by automakers including Ford, GM, VW, and Kia. from Section Page News - Automotive News https://ift.tt/33vp6f6 via IFTTT

American Center for Mobility's CEO has departed

This will be the second search for a CEO at the organization in less than a year. Michael Noblett was hired in February following a protracted hunt for an executive who could elevate ACM's profile. from Section Page News - Automotive News https://ift.tt/35CNbBX via IFTTT

Uber, Lyft carpool pricing strategy revealed by Chicago fare data

A Reuters analysis of the data shows fares for shared rides in the city have risen significantly over the past year, while fares for single riders have remained stable. from Section Page News - Automotive News https://ift.tt/2OK1ZrL via IFTTT

HGreg.com buys Fla. Nissan dealership from AutoNation

The $75 million acquisition adds one of the largest Nissan dealerships in the U.S. to the Canadian auto retailer's growing portfolio of new- and used-car stores in Florida. from Section Page News - Automotive News https://ift.tt/2OSqzXA via IFTTT

Ford recalls 78,000 Rangers over taillight issues

The 2019 Ford Ranger has been recalled for four other issues this year, according to NHTSA. from Section Page News - Automotive News https://ift.tt/35LNVVF via IFTTT

Audi strikes deal to cut 9,500 jobs by 2025, shakes up leadership

Audi seeks to cut costs to finance development of electric vehicles and AV technology. The luxury brand also named new finance, procurement and personnel chiefs ahead of the April 1 arrival of new CEO Markus Duesmann. from Section Page News - Automotive News https://ift.tt/37CNw9z via IFTTT