Top News:
- Takata sets aside additional $189 million to cover airbag recall costs – Automotive News: Takata raised provisions for its airbag recalls that involve more than a dozen auto manufacturers, after denying reports that the biggest safety crisis in the industry’s history will expand further.
- FCA CEO Marchionne to replace Ferrari CEO, sources say – Detroitnews: The Fiat Chrysler CEO announced Ferrari’s separation from London-based Fiat Chrysler a few weeks after he took over as chairman of the supercar…
- BRIEF-Fiat Chrysler seeks to get workers in Italy back full-time before 2018 – Reuters: Thousands of workers at Fiat Chrysler’s Italian plants have been on temporary layoffs for years as the carmaker sought to adjust production to lower …
- Automakers See Virtual Reality Beckoning Buyers to Dealerships – Bloomberg: The brand already allows customers to pre-equip cars in a handful of highly digitized urban dealerships and sees virtual reality as the next step in…
- New Toyota Fortuner coming to India by Diwali: Report – Ibtimes: It looks like the launch of the new Toyota Fortuner has almost been confirmed, as the emerging reports indicate that the SUV is getting ready for a…
- Takata booking over $156 million in additional loss for air bag recalls – Reuters: … plans to draw up a list of candidates by August, Reuters reported last month. … The special losses include a $70 million fine paid to U.S. auto safety ..
- Ferrari CEO Switch Said Imminent With Board Choosing Marchionne – Bloomberg: Marchionne announced Ferrari’s separation from London-based Fiat Chrysler a few weeks after he took over as chairman in 2014. He replaced Luca…
- Mitsubishi mini-vehicle April sales slump after mileage cheating scandal – Reuters: Sales also plunged for Nissan, whose Mitsubishi-manufactured Dayz and Dayz Roox models also had falsified mileage readings. Nissan’s overall …
- Facelifted Volkswagen Amarok revealed – Autocar:
- European Stocks Climb After Weekly Drop as Fiat Leads Auto Gains – Bloomberg: Fiat Chrysler Automobiles NV rose 3.4 percent, leading carmakers higher, after Chairman Sergio Marchionne said he was more positive on the…
- Are the Solutions to Distracted Driving Really What We Want? – New York Times: The self-driving features in today’s cars – lane-change warnings, adaptive cruise control and functions that permit the car to stop and steer for you,…
