Fiat Chrysler Automobiles (FCA) is throwing itself into the autonomous vehicle race after years of watching its two Detroit rivals vie for leadership — and it’s doing it with formidable partners: BMW Group and Intel Corp. The Italian-American FCA is joining a team of companies that has worked to create a turnkey autonomous driving system. Along with the premium German automaker and the Silicon Valley chipmaker, the partnership also includes Mobileye NV, the Israeli camera and sensor company Intel acquired earlier this year for $15.4 billion.
The European Union plans to launch legal action against Italy for failing to properly police allegations of emissions-test cheating by Fiat Chrysler following the Volkswagen scandal, EU sources said. EU regulators say Italy has failed to convince them that the so-called defeat devices used to modulate emissions on its vehicles outside of narrow testing conditions are justified. "The Commission decided today to send a letter of formal notice asking Italy to respond to concerns about insufficient action taken regarding the emission control strategies employed by Fiat Chrysler Automobiles group (FCA)," a statement said.
U.S. President Donald Trump on Tuesday pushed the heads of GM, Ford and Fiat Chrysler to build more of their cars in the United States and boost American employment in the process. After weeks of taunting the automotive industry over Twitter, Trump made a point to meet with the CEOs of General Motors, Ford and Fiat Chrysler just days into his term. He has pressured the companies to build more vehicles in the U.S. and hire more Americans into manufacturing jobs. "I want new plants to be built here for cars sold here!" Trump said in a tweet ahead of the breakfast meeting with automakers, saying he would discuss U.S. jobs with the chief executives.
FCA Us started a voluntary recall of more than 1.9 million vehicles worldwide to fix an air-bag defect linked to three deaths and five injuries. In particular, the US subsidiary of Fiat Chrysler Automobiles has set itself the goal of solving a defect that could prevent the proper functioning of airbags and pre-tensioner seat belts in an accident. The defect concerns vehicles equipped with a special control module and crash sensors with a specific design.
CEO Sergio Marchionne has denied the press rumors that were circulating at the weekend about possible news for the Magneti Marelli negotiations between the FCA and Samsung. The rumors that leaked out indicated that the vice president of Samsung Electronics Lee Jae Yong, would be moved to Europe to participate in the appointments to the Board of Directors of Exor, of which he is director.
Fiat Chrysler Automobiles (Fca) "assumes hackers." As it will also make Autonews.com reports, FCA, first among the generalist manufacturers, scalded by the case it happened a year ago, when the two hacker Charlie Miller and Chris Valasek took remote control of a Jeep Cherokee driven at that time by a journalist.
FCA announced that Chrysler will recall voluntarily about 4.3 million vehicles produced in past years, between 2004 and 205, to replace the passenger airbag. FCA said in a statement that the recall comes after the notification of defects by the supplier Takata, who alerted the National Highway Traffic Safety Administration (American authority of transport safety supervision). The "prolonged exposure to high levels of humidity and high temperatures may cause deterioration, which could result in failure or malfunction of the airbag". FCA for his part says that it is not "aware of any incident that would involve vehicles subject to the recall campaign".
Die Fonds-Konferenz der SKSF ist eine wichtige, branchenspezifische Plattform für Wissens- und Erfa
Ein neues Gespenst geht um in Europa und der Welt – das Gespenst der Digitalisierung, der Automati
2 evenings to find out about the latest from the digital industry & 2 days to find ideas and to crea
ICDA will return this year to its alpine home for the 38th Bürgenstock Meeting.
The objective of the Conference is to bring together all the diverse stakeholdersinterested in a pol
Updates and news from MarketPlus
|SMI® PR||8958.49||-0,06 %|
|LYXOR DAX INAV||116.195||-0,45 %|
|FTSE MIB Index||21620.28||-0,51 %|
|FTSE 100||7382.65||0,01 %|
|CAC 40||5115.39||-0,32 %|
|S&P 500||2444.04||-0,35 %|
|NASDAQ Composite||6278.4058||-0,30 %|
|HANG SENG INDEX||27567.73||0,60 %|
|Powered by Yahoo Finance|