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DETROIT/WASHINGTON, Nov 7 (Reuters) - Stellantis (STLA.MI) said on Monday it is pausing all paid advertising posts on Twitter as it waits to see what the platform will look like under the leadership of its new owner Elon Musk. “We're pausing paid advertising posts until we have a clearer understanding of the future of the platform under its new leadership," the automaker said of Twitter in a statement to Reuters. Musk has said Twitter has suffered a "massive" revenue drop since he took over 10 days ago. Stellantis joins a number of major companies that have halted advertising on Twitter, including United Airlines (UAL.O), General Mills Inc (GIS.N) luxury automaker Audi of America and General Motors Co (GM.N). Gilead Sciences Inc (GILD.O) said earlier on Monday the company and its unit Kite were in the "process of pausing advertising" on Twitter.

☆ Bosch agrees to pay $25 mln to settle California diesel emissions probe
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

[1/2] A Bosch company sign is seen at the Appliance and Electronics World Expo (AWE) in Shanghai, China March 23, 2021. REUTERS/Aly SongNov 7 (Reuters) - German auto supplier Bosch (BOSH.NS) has agreed pay $25 million to resolve California's probe into the company's role in the diesel emissions scandals at Volkswagen (VOWG_p.DE) and Fiat Chrysler (STLA.MI), state Attorney General Rob Bonta said on Monday. The settlement, which is subject to court approval, resolves allegations Bosch participated in misconduct by "providing hardware, software, and software programming or calibration services to Volkswagen and Fiat Chrysler when it knew or should have known that these auto manufacturers were violating environmental and consumer protection laws," Bonta said. Reporting by David Shepardson; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Some Dodge and Chrysler drivers have been told not to drive their cars after faulty airbags caused three deaths in 7 months
▼ + stars: | 2022-11-04 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Stellantis has issued a 'Do Not Drive' warning on around 276,000 vehicles, the NHTSA announced. The issue relates to a fault with Takata airbags, which can cause them to explode. Over 67 million vehicles fitted with Takata airbags have been subject to recalls over the last decade, per The NHTSA's website. Ford began replacing airbags in 2.6 million vehicles in April 2021. "Left unrepaired, recalled Takata air bags are increasingly dangerous as the risk of an explosion rises as vehicles age.

☆ Ford's October sales slide 10% amid supply chain issues
▼ + stars: | 2022-11-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

DETROIT – Ford Motor's U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments to dealers. Ford has experienced unique supply chain issues lately, including sourcing of its blue oval badges for highly profitable pickup trucks and SUVs. Ford said orders for 2023 model-year vehicles totaled 255,000. Ford's 2022 all-electric vehicle sales totaled roughly 47,500 units through October, accounting for about 3% of the automaker's sales. Ford is among a handful of automakers to report new monthly vehicle sales.

☆ Chrysler and Jeep parent Stellantis offering buyouts to some U.S. salaried employees
▼ + stars: | 2022-10-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

- Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan stock exchanges. Stellantis -- created by the merger of France's PSA and US-Italian rival Fiat Chrysler -- is the world's fourth-biggest automaker by volume. (Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY/AFP via Getty Images)DETROIT – Jeep and Chrysler parent company Stellantis is offering buyouts to some of its 13,000 U.S. salaried employees, as the automaker attempts to cut jobs and realign its workforce for electric vehicles and software services. A Stellantis spokeswoman declined to say how many domestic salaried employees are eligible for the program, or whether the automaker has a target for how many workers it would like to take the packages. The automaker, which was formed by the merger of Fiat Chrysler and France-based Groupe PSA in January 2021, offered similar buyouts a year ago to pension-eligible employees.

☆ Chrysler parent Stellantis offering U.S. salaried buyouts
▼ + stars: | 2022-10-28 | by ( David Shepardson | ) www.reuters.com time to read: +1 min

Oct 28 (Reuters) - Chrysler parent company Stellantis NV (STLA.MI) said Friday it has offered voluntary buyouts to some of its 13,000 U.S. salaried employees. Salaried workers age 55 or older who have been with the automaker at least 10 years are eligible. 2 U.S. automker had too many people, and that not enough of its workforce had the skills required as the auto industry shifts to electric vehicles and digital services. Earlier this year the Detroit automaker said it was slowing hiring and only replacing key departures or critical needs. Reporting by David Shepardson; editing by Jonathan Oatis and Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ Derek and Hannah Jeter sign multiyear deal with Jeep to promote Grand Wagoneer SUV
▼ + stars: | 2022-10-28 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Derek Jeter will star with his wife, fashion model and television host Hannah Jeter, in the Grand Wagoneer's new "Eyes Wide Open" campaign as part of a long-term partnership. DETROIT — New York Yankees legend Derek Jeter and his wife, Hannah Jeter, have agreed to a multiyear deal with Jeep to promote the company's Grand Wagoneer SUV. The Hall of Fame shortstop and Hannah Jeter, a model and television host, will star in a new ad campaign for the full-size luxury SUV. Derek Jeter grew up in the state and it's where the large SUV is being produced. It is an important product as the quintessential American SUV brand attempts to move upmarket.

☆ How one GM auto plant's UAW union workforce is learning to make EVs
▼ + stars: | 2022-10-16 | by ( Bob Woods | ) www.cnbc.com time to read: +7 min

The Orion plant, in operation since 1983, was beginning to transition from making a variety of internal combustion engine (ICE) vehicles to EVs. "We started slowly introducing the Bolt on the assembly line," he said, a process that can take up to a year while working out the bugs. There's specialized training required for all the assembly workers on how to deal with those potentially dangerous connections in a safe manner, he said. In essence, "it takes more of an electrician than it does a mechanic" to assemble an EV, Brown said.. The recently upgraded center houses manufacturing laboratory facilities that simulate steps along the assembly line, including robotics and sheet metal fabrication.

☆ Renault, Nissan messy breakup is least-bad option
▼ + stars: | 2022-10-10 | by ( Neil Unmack | ) www.reuters.com time to read: +4 min

Another headache is the alliance’s lopsided governance, which sees Renault hold a 43% stake in Nissan but the Japanese group prohibited by French law from exercising voting rights associated with its 15% stake in Renault. That will need Nissan’s backing, and the Japanese group might also invest in the electric division. The quid pro quo may be for Renault to give up some of its 43% share in Nissan. That implies the current value of just over 9 billion euros assigns little worth to the Nissan stake. Nissan is pressing Renault to cut its 43% stake in the Japanese group to as little as 15%, Reuters reported on Oct. 8.

☆ Stellantis invests in Turin as part of switch to electric
▼ + stars: | 2022-09-20 | by ( Giulio Piovaccari | ) www.reuters.com time to read: +2 min

REUTERS/Massimo Pinca/File PhotoTURIN, Italy, Sept 20 (Reuters) - Stellantis (STLA.MI)signalled its commitment to the historic carmaking city of Turin on Tuesday with an investment to boost its role in electric vehicle production and as a centre for the recycling of cars and their parts. The Franco-Italian group signed an agreement with its partner Punch Powertrain to increase production of electrified dual-clutch transmissions (eDCT) for hybrid and plug-in hybrid electric vehicles at its Mirafiori plant in Turin, the carmaker said on Tuesday. Chief Executive Carlos Tavares said the company was investing upwards of 10 million euros in the gearbox upgrade, without giving a precise figure. Turin is the historic home of Fiat which merged with France's PSA last year to form Stellantis. At full production, the Mirafiori and Metz facilities together will supply all relevant Stellantis manufacturing sites in Europe.

☆ Stellantis invests in Italian plant as part of switch to electric
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +1 min

Register now for FREE unlimited access to Reuters.com RegisterWorkers install a flag with the logo of Stellantis, the world's fourth-largest automaker which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised their merger, at the main entrance of FCA Mirafiori plant in Turin, Italy, January 18, 2021. REUTERS/Massimo Pinca/File PhotoTURIN, Italy, Sept 20 (Reuters) - Stellantis (STLA.MI) signed an agreement with its partner Punch Powertrain to increase production in Italy of electrified dual-clutch transmissions (eDCT) for hybrid and plug-in hybrid electric vehicles, the carmaker said on Tuesday. The upgraded facility will be developed within Mirafiori, Stellantis' main plant in Turin, northern Italy, and it will complement the existing capacity of a plant in the French city of Metz, it added. The new Mirafiori e-Transmissions Assembly site is expected to start production in the second half of 2024. Register now for FREE unlimited access to Reuters.com RegisterAt full production, the Mirafiori and Metz facilities together will supply all relevant Stellantis manufacturing sites in Europe.

☆ Next up for US unions: Major contracts for 700,000 workers
▼ + stars: | 2022-09-18 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

In terms of big US labor contracts, however, this is just the opening act. And as with the rail unions, members are focused on staffing shortages and scheduling problems that they say have brought many employees to a breaking point. And soon after the Teamsters contract for UPS ground workers expires, contracts for UPS pilots and aircraft mechanics become amendable. That’s a major concern for unions whose members build engines and transmissions. But that settlement did not address the looming question of what a switch to EVs will mean for union workers going forward.

☆ Toyota investing $5.6 billion to build EV batteries, despite its own doubts
▼ + stars: | 2022-08-31 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN Business —Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and the United States. But unlike other automakers who are going all-in on EVs, Toyota said it’s still not convinced that’s the best path forward. EV battery boomAutomakers having been rushing to announce EV battery plant plans in recent months, often with various partners. Just this week, Honda (HMC) announced a $4.4 billion joint investment with LG on a new US battery plant. Stellantis, which was formed by the merger of Fiat Chrysler and French automaker PSA group, announced battery plant plans last year with LG.

☆ Marii producători de automobile sunt nevoiți să reducă sau chiar să oprească producția de mașini
▼ + stars: | 2021-01-19 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Producători auto din întreaga lume opresc liniile de asamblare a vehiculelor din cauza lipsei semiconductorilor. Un alt motiv este cererea mai mare de laptopuri și console de jocuri în timpul pandemiei de coronavirus. Lipsa cipurilor, care a surprins o mare parte din industrie şi care ar putea continua timp de mai multe luni, determină Ford Motor, Subaru şi Toyota Motor să reducă producţia în principal în Statele Unite. De asemenea, Ford va opri fabricarea modelului Focus dintr-o uzină german ă , timp de o lună, începând de săptămâna viitoare, din cauza lipsei de cipuri. Modificările vor afecta producția celui mai vândut model, VW Golf, precum și modelele de la mărcile Audi, Skoda și Seat.

Persons: Donald Trump, Bernstein, Murat Aksel Organizations: Reuters, Ford Motor, Subaru, Toyota, Volkswagen, Nissan, Fiat Chrysler, Ford, CNN, VW Golf, Audi, Skoda, Seat Locations: Statele Unite, China, Taiwan, Kentucky, America de Nord, Europa

☆ Marii producători sunt nevoiți să reducă sau chiar să oprească producția de mașini; Care este motivul
▼ + stars: | 2021-01-19 | by ( ) www.jurnal.md time to read: +3 min

Marii producători sunt nevoiți să reducă sau chiar să oprească producția de mașini; Care este motivulProducători auto din întreaga lume opresc liniile de asamblare a vehiculelor din cauza lipsei semiconductorilor. Un alt motiv este cererea mai mare de laptopuri și console de jocuri în timpul pandemiei de coronavirus. Lipsa cipurilor, care a surprins o mare parte din industrie şi care ar putea continua timp de mai multe luni, determină Ford Motor, Subaru şi Toyota Motor să reducă producţia în principal în Statele Unite. De asemenea, Ford va opri fabricarea modelului Focus dintr-o uzină germană, timp de o lună, începând de săptămâna viitoare, din cauza lipsei de cipuri. Modificările vor afecta producția celui mai vândut model, VW Golf, precum și modelele de la mărcile Audi, Skoda și Seat.

Şi mai ales, ce înseamnă asta pentru publicul şi admiratorii numărului imens de mărci, incluse în portofoliul noii companii-gigant? Aşadar, trebuie să începem cu enumerarea mărcilor auto, care vor face parte acum dintr-un singur grup. Apropo, pe partea vehiculelor comerciale cele două grupuri mari colaborează de foarte mulţi ani, având aproape toate modelele create pe platforme comune. Peugeot 2008 (stânga) și Jeep Wrangler (dreapta) / Sursa:PiataAuto.mdDeci, cel puţin 15 mărci auto va avea în portofoliu noua companie gigant, fără a lua în considerare mărcile de personalizare precum Mopar sau diviziile de motorsport. Au devenit aceste mărci mai puternice sau pur și simplu și-au unit probleme proprii într-o problemă comună mai mare?

Organizations: Fiat, Alfa, Lancia, Chrysler, Dodge, Jeep, Fiat Chrysler, Opel, Peugeot, General Motors Locations: Maserati

Și Ford a obținut două miliarde de euro profit, după ce raportase pierderi. În al treilea trimestru, Ferrari a urcat la 25%, o valoare spectaculoasă chiar și pentru un constructor de lux. Profitul a fost cu 2,2 puncte procentual mai mic (27% în 2019, T3). Practic, Ferrari a obținut un profit de 96.000 de euro pentru fiecare mașină vândută. Veniturile nete au fost de 3,76 miliarde euro, adică circa 69.000 de euro profit pentru fiecare mașină vândută, cu o marjă de profit de 18,5%.

Organizations: Ferrari, Toyota, General Motors, Ford, americană, Daimler, Fiat Chrysler

☆ Self-driving robotaxis are taking off in China
▼ + stars: | 2020-12-03 | by ( Michelle Toh | ) edition.cnn.com time to read: +5 min

On Thursday, AutoX, an Alibaba (BABA)-backed startup, announced it had rolled out fully driverless robotaxis on public roads in Shenzhen. Previously, companies operating autonomous shuttles on public roads in the country were constrained by strict caveats, which required them to have a safety driver inside. In Shenzhen, AutoX has completely removed the backup driver or any remote operators for its local fleet of 25 cars, it said. Race of the robotaxiWhile AutoX has claimed an edge in China, it’s not the first time fully driverless shuttles have hit public roads. In June, Didi, China’s biggest ride-hailing firm, began offering free rides in its autonomous vehicles within a designated area of Shanghai.

☆ What it's like to take delivery of the historic mid-engine Chevy Corvette during a pandemic
▼ + stars: | 2020-04-01 | by ( Alanis King | ) www.businessinsider.com time to read: +7 min

As the US now claims the world's largest coronavirus outbreak, passing China and Italy on March 26, novelty "museum deliveries" of the new mid-engine Chevy Corvette continue. The $995 optional delivery is done at the Corvette Museum in Kentucky, where buyers get a guided tour and their car put on display, rather than just picking it up at a dealership. The National Corvette Museum. But the museum stayed open to private visitors, like the customers picking up the new C8 Corvette through GM's "R8C" delivery option. Now, they're back home, while the coronavirus rages on — just like the Corvette deliveries.

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