Car electronics

Fiat Chrysler Shares Recover In Europe As EPA Fears Wane A Bit – Forbes

Friday, January 13, 2017

Sergio Marchionne, CEO of Fiat Chrysler Automobiles at the 2017 North American International Auto Show in Detroit (Photo credit GEOFF ROBINS/AFP/Getty Images) Fiat Chrysler Automobiles (FCA) stock price was hammered Thursday following news the government accused it of violating diesel engine pollution rules, but the shares recovered Friday as investors reckoned the potential financial hit was unlikely to be anything like as damaging as Volkswagen’s transgressions. Analysts said the main…

Dodge resurrects Demon as ‘next Hellcat’ – The Detroit News

Thursday, January 12, 2017

The Demon originally was a two-door fastback hardtop variant of the 1971-72 Dodge Dart. The 2018 Dodge Challenger SRT Demon is set to make its debut in April at the New York auto show.(Photo: Dodge) Dodge will resurrect a demon from its past that promises to outperform its popular 707-horsepower Hellcat models. The Fiat Chrysler Automobiles NV brand on Thursday announced it is “raising the bar again” with the 2018…

Dodge resurrects Demon as ‘next Hellcat’ – The Detroit News

Thursday, January 12, 2017

The Demon originally was a two-door fastback hardtop variant of the 1971-72 Dodge Dart. The 2018 Dodge Challenger SRT Demon is set to make its debut in April at the New York auto show.(Photo: Dodge) Dodge will resurrect a demon from its past that promises to outperform its popular 707-horsepower Hellcat models. The Fiat Chrysler Automobiles NV brand on Thursday announced it is “raising the bar again” with the 2018…

Fiat Chrysler ups the ante as automakers respond to Trump – Reuters

Monday, January 09, 2017

DETROIT Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) on Sunday said it will invest $1 billion to modernize two plants in the U.S. Midwest and create 2,000 jobs, upping the ante as automakers respond to threats from President-elect Donald Trump to slap new taxes on imported vehicles. FCA’s announcement that it would retool factories in Ohio and Michigan to build new Jeep sport utility vehicles, including a pickup truck, and potentially move…

2018 Chevrolet Traverse: More space, engines and full-size SUV looks – CNET

Monday, January 09, 2017

Chevrolet is looking to put the hurt on the three-row crossover segment with an all-new 2018 Traverse with sharper styling, and the expectation of offering best-in-class passenger volume and cargo space. The second-generation model, which will slug it out with competitors such as Ford Explorer, Honda Pilot, Nissan Pathfinder and Toyota Highlander, is making its world debut at the 2017 Detroit Auto Show. With styling inspiration from Chevy’s full-size SUVs,…

GM CEO Says Production Won’t Change — Despite Trump’s Threats – NBCNews.com

Monday, January 09, 2017

General Motors has no plans to change where it produces small cars because of criticism from President-elect Donald Trump, the company’s top executive said Sunday night. Chief Executive Mary Barra said the auto business has long lead times for where it produces vehicles, with decisions made two to four years ahead. Play Facebook Twitter Google Plus Embed autoplay autoplay Last week, Trump threatened on Twitter to slap a border tax…

CEO: Ford can make money on public transit – USA TODAY

Monday, January 09, 2017

Ford acquired the crowd-sourcing ride-sharing van service Chariot in September.(Photo: Tommy Lau) Ford is poised to reshape its business model to capitalize as cities redesign public transportation and urban development in the age of ride-hailing, self-driving cars, CEO Mark Fields said in an interview. Fields told USA TODAY in an interview at the Detroit auto show that Ford projects 20% profit margins on mobility services, which is about double typical…

Google shows improved self-driving system in Chrysler Pacifica – Reuters

Monday, January 09, 2017

DETROIT Google (GOOGL.O) unveiled its latest self-driving system in a Chrysler Pacifica minivan during a Sunday preview ahead of the Detroit auto show, saying the technology is more reliable and affordable. The announcement came from John Krafcik, head of Google’s Waymo unit, whose search for partners to develop and install the company’s autonomous driving technology into real cars has so far yielded only an alliance with Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N)…

Trump’s Auto Bluster – Wall Street Journal

Saturday, January 07, 2017

Does Donald Trump understand business? Real estate, no doubt, and branding, sure. But the President-elect’s Twitter assaults on auto companies make us wonder if he understands cross-border supply chains, relative business costs, regulatory mandates, or anything else about building and selling modern cars and trucks. Mr. Trump flew off his Twitter handle again Tuesday, accusing General Motors of “sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free…

‘Just the beginning’: Trump may disrupt 20-year boom for Mexico auto industry – The Guardian

Saturday, January 07, 2017

Marisol Galarza floundered after finishing high school, but she eventually found her way to a job on an assembly line at a General Motors plant in the central Mexican state of San Luís Potosí. Determined to get ahead, she started studying industrial engineering on Saturdays through a company-sponsored program and currently works in that department. “I like what I do and I like what I’m studying and what I’m seeing…

Ford Sees Trump Delivering Tax Reform to Help U.S. Manufacturers – Bloomberg

Saturday, January 07, 2017

Ford Motor Co., fresh from canceling a Mexico factory Donald Trump criticized, expects the incoming president to deliver on promises of tax reform that will benefit U.S. manufacturers. “The environment is probably the best it’s been in quite some time to actually have tax reform,” Mark Fields, Ford’s chief executive officer, said Friday at CES, formerly the Consumer Electronics Show, in Las Vegas. “There’s going to be a more favorable…

Why Shares of Fiat Chrysler Automobiles Surged 19% in December – Fox Business

Saturday, January 07, 2017

What happened Continue Reading Below Shares of Italian-American automaker Fiat Chrysler Automobiles NV (NYSE: FCAU) surged 19% in December, despite growing concerns that the important U.S. new-vehicle market may have passed its cyclical peak. Despite a stalling market, U.S. sales ofthe super-profitable Jeep GrandCherokee were up 8% in 2016. Image source: FiatChrysler Automobiles NV. So what More From Fool.com Motley Fool Founders Issue New Stock Buy Alert…

Donald Trump just threatened Toyota — but it looks like he got the facts wrong – Washington Post

Friday, January 06, 2017

President-elect Donald Trump continued his Twitter tirade against the auto industry on Thursday, slamming Toyota for investing in Mexico but appearing to misstate key details of the company’s operations. Trump warned the Japanese carmaker over Twitter that it could face hefty fines for building a plant in Baja, Mexico, to sell the popular Corolla sedan to American consumers. But Trump’s tweet looks to be incorrect: Toyota’s factory in Baja assembles…

Honda unveils first electric ride-sharing concept car – The Verge

Friday, January 06, 2017

Car companies love to say they got there first. It appears Honda may be the first major automaker to show a concept vehicle designed for the ride-sharing market. The NeuV, which was announced Thursday at CES, is an acronym for the New Electric Urban Vehicle. NeuV [noo-vee] is based on the premise that self-driving, electric cars can be put to work rather than sitting idle nearly all the time. Honda…

Canceled Ford Plant Adds To Mexico’s Economic Frustrations – NPR

Friday, January 06, 2017

A man walks past a nearly deserted construction site Wednesday in Villa de Reyes, San Luis Potosi, Mexico, as workers shut down operations and remove equipment from the site of a canceled $1.6 billion Ford plant. Ford’s cancellation, which costs the region thousands of projected jobs, has sounded alarms in Mexico and sent its currency tumbling. Rebecca Blackwell/AP hide caption toggle caption Rebecca Blackwell/AP A man walks past a nearly…

Honda motorcycle needs no kickstand, can drive itself – CNET

Friday, January 06, 2017

For years, Honda has shown off its Uni-Cub, a kind of motorized unicycle that balances itself, as a personal mobility device. At CES 2017 Honda showed how it leveraged that technology to make a self-balancing motorcycle, something likely more relevant in the real world. Enlarge Image Honda’s self-balancing motorcycle borrows technology developed for the Uni-Cub personal transportation device. Photo by Wayne Cunningham/CNET Roadshow During Honda’s press conference, a riderless Uni-Cub…

The designer behind the Toyota Concept-i talks about being friends with a car – Engadget

Friday, January 06, 2017

What is the sort of core genesis of the idea of the Concept-i? Well, I would say like the Concept-i really is just our vision of what future Toyota and future driving could be in the year 2030, so it’s a futuristic vision of 2030, and the idea is, how do we connect driver and car to society and driver society in this harmonious way, and how do we create…

Battle With Trump Puts GM in Tough Spot – Wall Street Journal

Thursday, January 05, 2017

General Motors Co. has landed on Donald Trump’s hot seat at a tricky time. The president-elect’s criticism of the auto maker’s Mexican imports, leveled in a tweet Tuesday morning, comes as it plans to lay off thousands of workers in two states pivotal to the Republican’s November victory. And, Mr. Trump also is spotlighting GM just weeks before output of two revamped crossover SUVs begins in Mexico, according to people…

Toyota, Honda say no immediate plans to curb Mexico production – Reuters

Thursday, January 05, 2017

TOKYO The presidents of Toyota Motor Corp (7203.T) and Honda Motor Co Ltd (7267.T) said they have no immediate plans to curb production in Mexico, preferring to wait until after Donald Trump’s inauguration as U.S. President this month before deciding whether to make any changes. Automakers in the U.S. have been slammed by Trump for building cars in lower-cost factories south of the border, which he said costs American jobs….