Month: July 2020

Fiat Chrysler Automobiles assembly workers produce protective masks, amid the spread of the coronavirus disease (COVID-19), at the Assembly Plant in Betim near Belo Horizonte, Brazil, May 20, 2020. Washington Alves | Reuters Fiat Chrysler said Friday it lost $1.24 billion (1.05 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its
0 Comments
Editor’s note: An earlier version of this story mischaracterized the ideology of the bipartisan Coalition for a Prosperous America.  President Donald Trump, true to his “America First” promise in the 2016 campaign, has confronted China over its trade practices, treatment of intellectual property and alleged currency manipulation. His tenure has been marked by a two-year
0 Comments
The European Union needs to offer automakers more clarity on future regulations and to oversee the faster rollout of a charging infrastructure, a panel of industry executives told viewers of the latest Automotive News Europe Congress Conversations. “What we expect is ambition and clarity,” PSA Group Europe boss Maxime Picat said. Tackling climate change was
0 Comments
Succinct as it is accurate, “It’s a Subaru” pretty well describes the 2021 Subaru Ascent three-row crossover SUV. All-wheel drive? Check. Horizontally opposed engine? Yup. Room for people and gear? Uh-huh. Hard-wearing interior? Sure. The 2021 Subaru Ascent soldiers into the new year with minimal changes on what’s been a reliable formula so far. The
0 Comments
Polestar has today delivered the first European Polestar 2 customer car at the company’s iconic global headquarters in Gothenburg, Sweden. The Thunder-coloured fastback is specified with a Charcoal WeaveTech vegan interior. The new owner, Sture Stensson gets a walk through the extensive technology onboard. New owner Sture Stensson commented: “I ordered my Polestar 2 on
0 Comments
The new Ford Bronco SUV is already exceeding company expectations ahead of arriving in dealer showrooms next year. More than 150,000 reservations have been made for the upcoming two- or four-door SUV, far surpassing Ford Motor’s initial expectations, according to executives. “That does exceed our optimistic expectations,” Ford CFO Tim Stone told reporters Thursday when
0 Comments
DuPont reported a wider second-quarter loss on Thursday and wrote down the value of its automotive business by $2.5 billion as the industrial materials giant struggles with a prolonged weakness in one of its biggest end-markets. DuPont, which makes materials used in products ranging from engine covers to brake fluid, is heavily exposed to the
0 Comments
An automobile assembly line worker wears a protective face mask as Volkswagen AG (VW) restart production at their headquarter factory in Wolfsburg, Germany, on Monday, April 27, 2020. Volkswagen is restarting output at its Wolfsburg car plant, the worlds biggest, with a labor leaders warning that political fallout from the coronavirus pandemic could be more
0 Comments
Renault swung to a record first-half loss as the French automaker grappled with a sharp market downturn and increasingly dismal results from partner Nissan. The 7.29 billion euro ($8.58 billion) net loss underlines the challenges facing the manufacturer, which is slashing costs and trying to repair relations with its Japanese alliance partner. It refrained from
0 Comments