Fiat Chrysler CEO Sergio Marchionne, the mastermind of the merger that created the world's seventh-largest carmaker, says another transformational deal probably won't happen under his watch.
Ford said on Monday (4 January, 2015) a "first wave of automakers and industry suppliers - led by Toyota - is adopting its SmartDeviceLink software, claiming it was "a huge step toward giving consumers more choice in how they connect and control their smartphone apps on the road".
In a report today Jan. 4 on a coming 'automotive revolution' between now and 2030, the consulting firm McKinsey and Co. predicts significant changes.
Features
4 Jan, 2016
We take part in a training exercise that prepares fire crews for the reality of road accidents, as UK teams gear up for world competition
GM and Lyft today announced an alliance to develop an on-demand network of autonomous vehicles as well as a $500 million investment by the automaker as part of a $1 billion fund-raising round by the ride-sharing service.
Spanish new-car sales grew by 21 percent in 2015 as a government-backed scrappage scheme helped to boost demand. Sales also increased by 21 percent in December.
News
4 Jan, 2016
Bentley's bespoke coach-building division has announced natural stone facia option for range
Hyundai Motor and Kia Motors last month were ordered to sell a combined 6.6% stake in affiliated steelmaker Hyundai Steel, worth around US$376m, to comply with local chaebol (family conglomerate) ownership regulations.
Hyundai Motor and affiliate Kia Motors have set a combined global sales target of 8.13m units for 2016.
Faraday Future Inc., the electric-car startup backed by Chinese Internet billionaire Jia Yueting, lost its chief battery architect ahead of introducing its concept vehicle at this week's International Consumer Electronics Show in Las Vegas.
Takata shares surged the most in more than a year after the Sankei newspaper reported that Japanese automakers may provide support to the airbag maker to safeguard access to its technology.
Shares in Japan's Takata Corporation rose sharply on Monday (4 January, 2016) following reports Japanese automakers were considering providing support for the embattled airbag manufacturer, including taking equity stakes in the company and allowing it to spread recall costs over a number of years.
News
4 Jan, 2016
UK vehicle crime has fallen by 80 per cent since 1993, largely thanks to steering locks and electronic immobilisers, a new report reveals
The International Consumer Electronics Show in Las Vegas grows each year and for the past five years, vehicle technologies have moved ever closer to the spotlight. This year, as with 2015, the 'Connected Car' is set to be another massive trend at the trade show.
New vehicle sales in Thailand rose by 4.6% to 76,426 units in November from 73,068 units a year earlier, according to data released by the Federation of Thai Industries (FTI).
Hyundai and sibling brand Kia forecast their weakest sales growth in ten years for 2016 as a slump in China and a stronger won cuts profits. The automakers missed their sales target set for 2015.
Fiat Chrysler CEO Sergio Marchionne is about to find out what it's like to run the business without the fat profits from Ferrari. Fiat Chrysler on Sunday distributed to shareholders its remaining 80 percent stake in the supercar maker.
News
4 Jan, 2016
Morrisons, Asda, Tesco and Sainsbury's all slash diesel prices below £1 across the UK
News
5 Sep, 2018
Litre of unleaded reaches four-year high, with experts predicting “no end in sight” for price rises