- Fiat Chrysler and Peugeot join forces to create world’s No.4 carmaker – Reuters: Fiat Chrysler and Peugeot’s owner PSA said on Thursday they would join forces through a 50-50 share swap to create the world’s fourth-largest automaker.
- Fiat Chrysler-PSA Merged Entity Likely to Have Chinese Major Shareholder – Bloomberg: … of Fiat Chrysler Automobiles NV and France’s PSA Group is likely to end up with a major Chinese shareholder, with carmaker Dongfeng Motor Corp.
- Hydrogen is key for meeting emissions targets, says Hyundai – Autocar: Hydrogen is key for meeting emissions targets, says Hyundai
- Japan’s Panasonic profit drops on trade war, Tesla battery business in red – Reuters: * Battery business with Tesla remains in the red (Adds CFO comments)
- Fiat Chrysler third-quarter operating profit tops expectations on North America – Reuters: Fiat Chrysler on Thursday posted higher than expected operating earnings in the third quarter, lifted by record profitability in North America, as the carmaker heads to a merger with French rival PSA .
- Electric vehicle maker Fisker to start production of luxury SUV in 2021 – Reuters: Electric vehicle maker Fisker Inc said on Thursday it would begin production of its new luxury sports utility vehicle at the end of 2021.
- Maruti Suzuki WagonR, Hyundai Santro Score Two Stars In NCAP Crash Test – Bloomberg: Only the Ertiga offers at least two airbags as standard while the others offered only a … These models offer only a driver frontal airbag as standard.
- Conte says crucial to keep jobs, plants in Italy in FCA-PSA deal – Reuters: Italy’s Prime Minister Giuseppe Conte said that merger plan between Peugeot owner PSA and Fiat Chrysler Automobiles must keep jobs and factories in Italy, Italian media reported on Thursday.
- Porsche 911 to gain manual gearbox option – Autocar: Long-awaited seven-speed unit arrives stateside first, with a UK launch expected in 2020 Porsche…
- How the Fiat Chrysler, PSA tie-up will work – Automotive News: How the Fiat Chrysler, PSA tie-up will work
- Solidarity helped the UAW win in its GM strike. Imagine if we had more of it. | Opinion – Freep: UAW workers were the clear winners in their strike at GM. The contract workers just ratified includes improvements from the status of temporary …
- French finance minister says Peugeot-Fiat deal ‘good news’ for France – Reuters: French Finance Minister Bruno Le Maire gave his blessing to the merger between national champion PSA and Italo-American carmaker Fiat-Chrysler, saying the deal would be good news for France and Europe but that he would keep an eye on possible job cuts.
- Automakers Fiat Chrysler and Peugeot annouce intention to merge – CNBC: Automakers Fiat Chrysler and Peugeot annouce intention to merge CNBC
- In Carlos Tavares, Fiat Family Finds Heir to Marchionne Legacy – Bloomberg: PSA, maker of the Peugeot brand, may not have been Elkann’s preferred partner — another merger attempt with Renault SA fell through in June after …
- UK union seeks PSA meeting over FCA merger – Automotive News: Britain’s biggest trade union, Unite, said ahead of a decision by PSA Group and Fiat Chrysler Automobiles to merge that it wants a meeting …
- Once bitter enemies, here’s how Ford and the UAW easily reached a contract agreement – Freep: Ford has gone from a history of brutally beating union organizers to praising their role. UAW negotiations now viewed as least likely for conflict.
- Tesla’s Hell Moves From the Production Line to the Repair Shop – Bloomberg: When the Model 3 first arrived, Tesla struggled to manufacture the cars fast …. any newcomer and an established automaker such as Ford Motor Co. … car buyers to consider a new kind of car built by a new kind of manufacturer, they …
- German union seeks to preserve Opel independence as Peugeot pursues FCA – Reuters: IG Metall, Germany’s largest union by members, said on Thursday it would seek to preserve the autonomy of PSA’s German unit Opel after PSA and Fiat Chrysler announced plans to create the world’s fourth-largest automaker.
- Plunging Peugeot Shows Who the Buyer Is in Merger of Equals – Bloomberg: Plunging Peugeot Shows Who the Buyer Is in Merger of Equals
- Tesla Supplier Panasonic Boosts Battery Sales on US Expansion – Bloomberg: Japan’s Panasonic Corp., which makes electric-car batteries for Tesla Inc., said it boosted sales of the product “significantly” last quarter after …
- US futures point to a higher open after Fed signals a pause in rate cuts – CNBC: Italian-American automaker Fiat Chrysler (FCA) is set to report earnings … FCA will pay its shareholders a 5.5 billion euro ($6.1 billion) special …
- Fiat Chrysler-PSA must keep French industrial footprint: France’s Le Maire – Reuters: France welcomed a planned merger between Italy’s Fiat Chrysler and French Peugeot maker PSA , but would be vigilant about the firm’s French industrial footprint and about maintaining its decision centers, French Finance Minister Bruno Le Maire said in a statement on Thursday.
- Fiat Chrysler and Peugeot plan to create world’s No.4 carmaker – Reuters: Fiat Chrysler and Peugeot plan to create world’s No.4 carmaker
- Volkswagen R&D boss: how we’ll improve the ID 3 – Autocar: Development boss Frank Welsch is already plotting upgrades to the new model Volkswagen’s only re…
- Fiat Chrysler-Peugeot merger plans unlikely to face interference from French government – CNBC: But France, which has a stake in PSA, is expected to press a merged company to protect the country’s jobs and manufacturing base.
- Peugeot parent PSA and Fiat Chrysler boards agree to pursue merger – Nikkei: Peugeot parent PSA and Fiat Chrysler boards agree to pursue merger
- United Auto Workers Strike Tentative Labor Deal With Ford – Wall Street Journal: The Dearborn, Mich., auto maker already has the second-highest labor costs of the three Detroit car companies, spending an average of $61 an hour …
- Ford reaches tentative labor deal with United Auto Workers union – Reuters: Ford Motor and the United Auto Workers union on Wednesday announced a tentative agreement for a new labor deal, allowing the No. 2 U.S. automaker to avoid a strike like the one that cost its larger rival General Motors about $3 billion.
- Ford and United Auto Workers reach tentative contract agreement – LATimes: The United Auto Workers union says it has reached a tentative contract agreement with Ford after three days of intense bargaining. The union said the …