Fiat Chrysler UAW Contract Entails Wage Increases, $5.3B In North American Investment
The proposal would have FCA trucks and SUVs made in the U.S., while car production would be sent to Mexico.
Channel: Investment
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Ford Ramps Up Chinese Production By 30 Percent In Time For Sales To Slow
A simple case of bad timing.
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‘NextEV,’ Chinese Tesla Rival, Secures Financial Backing
What’s this? A well-funded competitor to the undisputed reigning champ of production EVs? Bring it on.
Volkswagen To Invest $340 Million Into South Africa Production
A weakened South African rand has prompted Volkswagen to act, setting aside some $340 million to invest in the country.
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Amazon CEO: Former Top Gear Hosts ‘Very, Very, Very Expensive’
Clarkson, Hammond and May know what they’re worth: a ton of one heck of a freaking lot.
Fisker Automotive Closes Deal To Rent A Massive Facility In Southern California
Situated in Moreno Valley in Southern California, Fisker’s new rented space has a footprint of 555,670 square-feet.
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Presidential Hopeful Donald Trump Has Ford Motor Company In His Crosshairs
Donald Trump’s latest public feud wages on. Is Ford Motor Company the new Rosie O’Donnell?
2016 Ford F-650 And F-750 Start Production In Ohio
Production of Ford’s F-650 and F-750 medium-duty trucks has finally come home from a long stint in Mexico.
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FCA Announces $2.5 Million Investment In New 4×4 Dyno Testing Facility
The new dyno can replicate both extreme cold and hot weather conditions.
Spyker Saved From Bankruptcy Thanks To Investment From American Aircraft Company
An electric aircraft company, of all things.
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Ferrari IPO To Begin In Fourth Quarter Of 2015 Under Name ‘Ferrari N.V.’
We wouldn’t mind some Ferrari sahres for Christmas, if our loved ones are reading.
Lamborghini Urus May Get The ‘SV’ Treatment, Asterion May Get The Axe
With SuperVeloce, ultra-luxury, and hybrid variants of the Urus SUV all possible, the Asterion hybrid coupe might be doomed.
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Announced: Porsche Investment Of €1.1 Billion Into German Operations
The automaker has some ambitious midterm sales and production goals; this investment ought to go a long way.
Tesla Gigafactory Phase I Nearly Complete
If you think that’s impressive, just you wait for phases II through VII, man.
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