by Joseph Szczesny | Nov 1, 2019
A key aide to United Auto Workers President Gary Jones is now facing criminal charges involving the diversion of $1.5 million dollars in union funds for personal use and other potential violations. According to a filing in U.S. District Court, investigators detailed...
by Paul A. Eisenstein | Oct 31, 2019
It pays to make friends, especially if you’re both running large corporations that could have something in common. So it proved to be the case with Michael Manley and Carlos Tavares. When they first got to know one another a decade ago they were ambitious, fast-rising...
by Joseph Szczesny | Oct 31, 2019
The United Auto Workers said it had wrapped up a tentative labor agreement, covering 55,000 union members employed by the Ford Motor Co. Neither side revealed details of the new agreement, though a report by trade publication Automotive News indicated it contained as...
by Michael Strong | Oct 30, 2019
As quickly as it became a possibility, the potential merger of Fiat Chrysler and Peugeot appears to have become a reality with the two automakers tentatively agreeing to a merger. Peugeot’s board of directors approved the deal earlier Wednesday while the FCA board is...
by Joseph Szczesny | Oct 30, 2019
While the debate about when and how Great Britain will leave the European Union has upended British politics, it is also frustrating to Japanese carmakers, which represent a hefty piece of the country’s economy. Japanese manufacturers are growing frustrated about...
by Paul A. Eisenstein | Oct 30, 2019
Just months after merger talks with Renault collapsed, Fiat Chrysler Automobiles is in the midst of negotiating a similar deal with another French automaker, Renault’s archrival PSA, FCA confirmed Wednesday. The two companies have had ties for a number of years and,...
by Paul A. Eisenstein | Oct 29, 2019
(Correction: in the second-to-last paragraph, it is GM, not Ford, that has come in for sharp criticism by Sen. Tom Carper.) General Motors, Fiat Chrysler and Toyota have stepped into the legal battle triggered by last month’s White House announcement that it would...
by Joseph Szczesny | Oct 9, 2019
One few surviving links to the Walter Reuther era is calling for United Auto Workers President Gary Jones to step down from the union’s top job. “We must support and hope the membership wins at GM and must also work to clean out the corruption in Solidarity...
by Michael Strong | Oct 4, 2019
If you bought an electric vehicle and made a claim for the $7,500 tax credit on your taxes, you might want to pull out those old returns as a tax watchdog says tens of millions of dollars in credits were claimed inappropriately. According to an audit by the Treasury...
by Paul A. Eisenstein | Oct 3, 2019
This story has bene updated with additional information. A growing number of vehicles are being equipped with advanced driver assistance systems, or ADAS, designed to reduce the risk of crashes. That includes technology meant to detect pedestrians, bicyclists and even...
by Paul A. Eisenstein | Sep 30, 2019
A federal judge determined that Tesla and its CEO Elon Musk unfairly targeted those hoping to unionize the company’s Fremont, California assembly plant. Among other things, Administrative Law Judge Amita Baman Tracy, ruled against the company for requiring workers to...
by Michael Strong | Sep 27, 2019
The Securities and Exchange Commission will collect a $40 million settlement from Fiat Chrysler Automobiles NV and its U.S. unit after the agency determined the automaker falsified its monthly sales reports for the better part of five years. From 2012 through 2016,...
