by Joseph Szczesny | Jul 1, 2019
The European Union is imposing a new rule on battery electric vehicles, requiring them to sound like a vehicle with a gasoline or diesel engine. The regulation is designed to address concerns that low-emission cars and vans are too quiet, putting pedestrians at risk...
by Paul A. Eisenstein | Jun 28, 2019
Carlos Ghosn, the ousted former head of Nissan and the Renault-Nissan-Mitsubishi Alliance, scheduled, and then quickly cancelled, a news conference in Tokyo on Friday during which it was widely expected that the 65-year-old executive was going to lay out evidence...
by Paul A. Eisenstein | Jun 21, 2019
The Japanese government played a central role in the breakdown of merger talks between Fiat Chrysler Automobiles and Group Renault earlier this month, according to a report by the Bloomberg news service. The agreement, proposed by FCA last month, was widely expected...
by Paul A. Eisenstein | Jun 18, 2019
After plunging last month to levels not seen since 2016, Tesla shares have been rebounding in recent days. And though a Tuesday morning rally wound up the day in negative territory by the time the final bell was rung, shares are still up more than 4% in recent days,...
by Michael Strong | Jun 12, 2019
Ford Motor Co. is recalling 1.2 million of its popular Explorer sport-utility vehicles due to a defect that could reduce the driver’s ability to steer the vehicle. The problem stems from an issue with the rear suspension toe link. The automaker noted that the affected...
by Paul A. Eisenstein | Jun 7, 2019
In an unusual move, 17 automakers, including giants General Motors, Ford and Toyota, have sent a letter to President Donald Trump urging him not to move ahead on plans to roll back federal fuel economy standards – a move that puts the industry more in line with...
by Michael Strong | Jun 6, 2019
Seems like you can get just about everything at Walmart these days, and if you own an electric vehicle, you can even get your vehicle charged up while you’re there … well, at some of them anyway. The world’s largest retailer is home to 120 new chargers from...
by Paul A. Eisenstein | Jun 6, 2019
Less than two weeks after proposing a merger-of-equals with Renault that would have formed the world’s third-largest automaker, Fiat Chrysler Automobiles withdrew the offer late Wednesday citing government interference in the proposed deal. “We went in different...
by Joseph Szczesny | Jun 5, 2019
Two shareholder proposals opposed by General Motors top management went down to defeat during the company’s annual shareholders meeting, but not before the two measures gained significant support from shareholders. The final tally showed that 37% of the shareholders...
by Michael Strong | Jun 5, 2019
After initially appearing to be excited by the prospect of a merger with Fiat Chrysler, Renault is now slow-playing its hand as its board delays a decision about merger talks. Renault’s board said Tuesday after meeting at its headquarters near Paris that it will meet...
by Paul A. Eisenstein | Jun 4, 2019
Renault’s board will meet on Tuesday afternoon to pore over the merger proposal offered late last month by Fiat Chrysler Automobiles and reports from Europe suggest the response will be a positive one. Should the French automaker signal its approval it would surprise...
by Paul A. Eisenstein | Jun 3, 2019
It’s a bear market, at least when it comes to automotive stocks, with Pres. Donald Trump’s planned tariffs on Mexican imports set to go into effect a week from today. Last Friday, the president tweeted that he was prepared to enact a new 5% tariff on Mexican goods in...
