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Ferrari Ready to Launch IPO

Ferrari Ready to Launch IPO

Fiat Chrysler Automobiles could launch the eagerly awaited initial public offering of its Ferrari brand as early as Friday, according to various industry reports. The move could generate as much as $1 billion in much-needed revenue for FCA, but it also raises some...
Better Late Than Never: Tesla Finally Reveals Model X

Better Late Than Never: Tesla Finally Reveals Model X

After struggling to pull a “challenging” project together, Tesla Motors finally pulled the wraps off its new Model X sport-utility vehicle at a standing-room-only event in Silicon Valley. It becomes just the third product line Tesla has ever offered, and the second in...
Mandating New Safety Technology Could Save $900 Bil

Mandating New Safety Technology Could Save $900 Bil

New active safety technologies could reduce road accidents in the United States by more than one third, saving thousands of lives and billions in societal costs for medical care, vehicle repairs and lost productivity, according to a new study released this week by the...
Ford Faces Strike Deadline at Key Plant

Ford Faces Strike Deadline at Key Plant

The United Auto Workers has targeted the one of Ford Motor Co.’s key assembly plants in Kansas City, Missouri, for a strike if bargaining doesn’t resolve key issues by early next week. The Kansas City plant builds a number of variations of Ford’s...
VW Americas Chief Dodges Bullet

VW Americas Chief Dodges Bullet

(This story corrects and expands upon an earlier story that had incorrectly reported VWoA CEO Michael Horn would lose his job in the U.S.) Michael Horn, the head of Volkswagen’s U.S. operations, has dodged the bullet. But while he won’t find himself among the growing...
UAW-FCA Tentative Pact Faces Critical Vote

UAW-FCA Tentative Pact Faces Critical Vote

The fate of the United Auto Workers contract with the FCA U.S. may hinge on voting at the assembly complex in Toledo, Ohio, where workers are uneasy about the pending changes in the product plan outlined by the company’s CEO Sergio Marchionne. The FCA employees...