Martes, Abril 30, 2019

Musk, SEC deal over Twitter use approved by judge

The deal approved by a federal judge lays out in more detail what types of statements by CEO Elon Musk must be reviewed by Tesla's legal counsel before publication, such as financial statements, previously unreported production or delivery numbers, and other topics.



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FCA seeks $160M in tax incentives for Detroit plants

Fiat Chrysler Automobiles is seeking up to $160 million in taxpayer incentives to partially subsidize a planned $2.5 billion investment in two Detroit assembly plants.



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Mitsubishi banks on '20 Outlander Sport to extend recent gains

The freshened 2020 Mitsubishi Outlander Sport, arriving in showrooms in September, is leading the Japanese automaker's next phase in design.



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CDK's Q3 revenue climbs on improved dealer retention

The company grew its dealer sites for the first time in 10 quarters.



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Ford reaches agreement with workers at Brazilian plant slated to close

The agreement would allow for Ford's workers to transition from employment with the U.S. automaker to a potential buyer, if a deal closes. 



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LG Chem sues rival SK over battery secrets

Battery maker LG Chem has sued rival SK Innovation in the U.S. for allegedly stealing trade secrets by poaching scores of highly knowledgeable employees.



from Section Page News - Automotive News http://bit.ly/2VA2pGE via Falls Church auto repair

Ram engine supplier Cummins will probe emissions certifications

Cummins said it will check certification and compliance processes for engines in the 2019 Ram 2500 and 3500 trucks after conversations with the EPA and the California Air Resources Board.



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How Carvana restored my faith in online vehicle retailing

I don't love the current processes of buying and selling vehicles. Few people do. But online retailers such as Carvana are bringing more transparency to the process.



from Section Page News - Automotive News http://bit.ly/2GKf7Js via Falls Church auto repair

History doesn't favor deals like Rivian-Ford venture

Over time, it's mostly proved too hard to blend two cultures, technologies and product development systems to produce a great vehicle.



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Ford eyes on-demand car washes, in-vehicle Amazon delivery

The services are part of an expansion of the FordPass smartphone app launched in 2016.



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Barra on EV pickup: GM ‘will not cede our leadership'

GM CEO Mary Barra's comments follow Ford announcing plans to invest $500 million in electric vehicle startup Rivian with plans to build a battery EV using Rivian's flexible skateboard platform.



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Tenn. governor urges VW workers to chose 'direct relationship' as UAW vote looms

Newly elected Republican Gov. Bill Lee touted the business environment in Tennessee, but only indirectly urged workers to reject forming a union in the plant.



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Ford adding on-demand car washes, in-vehicle Amazon delivery

The services are part of an expansion of the FordPass smartphone app launched in 2016.



from Section Page News - Automotive News http://bit.ly/2J5vF1d via Falls Church auto repair

GM doubles Q1 net income; operating profit falls

General Motors' first-quarter net income doubled from a year earlier, though operating profit fell 11 percent primarily due to downtime at the company's full-size SUV plant in Texas. GM reported net income of $2.15 billion, up from $1.04 billion in the first quarter of 2018.



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GM nearly doubles Q1 earnings

General Motors' first-quarter net income doubled from a year earlier, though operating profit fell 11 percent primarily due to downtime at the company's full-size SUV plant in Texas. GM reported net income of $2.15 billion, up from $1.04 billion in the first quarter of 2018.



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China leads U.S. in lithium supply race amid EV boom

Unlike the U.S., Chinese companies have invested at home, with the Asian nation producing almost eight times more lithium domestically than the U.S.



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FCA partners with Harman, Google Technologies for new connectivity platform

The global "ecosystem" platform will offer owners 4G network connectivity and support the evolution to 5G with any service provider worldwide, FCA said.



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