Tag: Automobiles

Volkswagen Factory Workers in Tennessee Reject Union

In the latest defeat for organized labor in the South, workers at a Volkswagen plant in Tennessee rejected an effort to form a union this week. Of the roughly 1,600 workers who voted, 833 opposed the unionization effort, according to results released late Friday. The United Automobile Workers has been trying to organize the factory, […]

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Nissan and Renault Lock Horns as Relationship Sours Further

TOKYO — The cracks in the world’s largest auto alliance grew wider on Monday, as Nissan Motor condemned threats by its French partner, Renault, to withdraw support for the Japanese automaker’s efforts to overhaul its governance. The message marks a new low in the relationship, and reflects the fallout of the collapse of a proposed […]

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After Fiat-Renault Merger Implodes, Fingers Point to French Government

PARIS — It was supposed to be a transformative merger in an industry facing intractable challenges. But Fiat Chrysler and Renault ran headlong this week into a familiar problem in France: the government itself. With the two companies edging toward a deal, officials in Paris played a role that comes naturally — safeguarding jobs and […]

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Automakers Tell Trump His Pollution Rules Could Mean ‘Untenable’ Instability and Lower Profits

Want climate news in your inbox? Sign up here for Climate Fwd:, our email newsletter. WASHINGTON — Many of the world’s largest automakers joined together Thursday to tell President Trump that one of his most sweeping deregulatory efforts — his plan to weaken pollution standards for automobiles — threatens to hurt their profitability and produce […]

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Why Fiat Chrysler’s Talks With Renault Fell Apart

The proposed merger of Fiat Chrysler Automobiles and Renault, a tie-up seen as a transformative deal in an industry facing with technological challenges, fell apart on Wednesday, and the recriminations started almost immediately. The stock prices of both companies — which jumped after Fiat announced its plan last week — are feeling the effects. In […]

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Fiat Chrysler Withdraws Its Offer for Renault

Fiat Chrysler late Wednesday abruptly withdrew a proposal to merge with Renault, walking away from a deal that had the potential to change the balance of power in the global auto industry. In a statement Wednesday evening, Fiat Chrysler said it continued to believe that the merger proposal was solid and “carefully balanced to deliver […]

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Ford Is Fined in China as Trade Fight With U.S. Rages

BEIJING — China’s antitrust regulator on Wednesday announced a fine of around $25 million on Ford’s main joint venture in the country, the latest action against an American company amid the widening economic battle between China and the United States. The fine on Changan Ford, which is owned equally by the Detroit automaker and a […]

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Fiat and Renault Try to Reassure French Officials and Nissan

PARIS — As Renault board members prepared to meet on Tuesday to consider a merger with Fiat Chrysler, the French government was scrambling to ensure that it would have influence over a proposed tie-up that could significantly change the balance of power in the global auto industry. And another interested party to the potential deal […]

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Can Tesla Ever Be More Than a Niche Automaker? Wall St. Increasingly Thinks No

Get the DealBook newsletter to make sense of major business and policy headlines — and the power-brokers who shape them.__________ Few companies have created such strong and divergent opinions across Wall Street as Tesla. To the company’s biggest boosters, Tesla’s chief executive, Elon Musk, is a new Steve Jobs — out to revolutionize transportation and […]

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As Trade War Spreads to Mexico, Companies Lose a Safe Harbor

When trade tensions with China flared last year, many companies sought refuge in a country with a long, stable relationship with the United States: Mexico. Now, that alternative for production and materials may also be in jeopardy with President Trump’s threat to impose escalating tariffs on imports from Mexico, aimed at forcing action on illegal […]

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Trump’s Tariff Threat Sends Mexico, Lawmakers and Businesses Scrambling

WASHINGTON — President Trump’s threat to punish Mexico with tariffs until it restrains the flow of migrants across the southwestern border rattled financial markets on Friday and prompted an outcry from the Mexican government, American businesses and Republican lawmakers, who accused Mr. Trump of overstepping his authority and pressed him to back down. The president […]

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Report: Renault to Decide on Fiat Chrysler Merger Plan Next Week

<img data-attachment-id="1634766" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683.jpg" data-orig-size="1656,1065" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="2018 dodge challenger srt demon burnout" data-image-description=" fca ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-450×289.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-610×392.jpg” class=”aligncenter wp-image-1634766 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-610×392.jpg” alt width=”610″ height=”392″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-610×392.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-75×48.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-450×289.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-768×494.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/07/2018-dodge-challenger-srt-demon-burnout–e1532980549683-120×77.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Will they or won’t they? That’s the question on everyone’s mind after Fiat Chrysler’s Monday morning […]

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A Fiat Chrysler-Renault Merger Would Put Nissan in a Bind

When Japanese police officers surrounded Carlos Ghosn’s Gulfstream jet last November and packed him off to a Tokyo jail, they unwittingly provoked a seismic realignment of the global auto industry. Mr. Ghosn’s sudden fall set off a chain of events that, this month, prompted Renault’s chairman, Jean-Dominique Senard, and John Elkann, the Fiat Chrysler chairman, […]

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Savior of G.M. Lordstown Plant, Hailed by Trump, Is a Corporate Cipher

For months, President Trump had been putting pressure on the chief executive of General Motors, Mary T. Barra, because she had decided to idle an Ohio factory and lay off 1,600 workers. “I am not happy that it is closed when everything else in our Country is BOOMING,” he said on Twitter. “I asked her […]

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When a Traffic Ticket Costs $13,000

For most people living in America, transportation is central to daily life. About 83 percent of Americans report that they regularly drive a car multiple times a week. Yet millions of drivers across the country have had their licenses suspended — taking away their ability to drive to work, school, the grocery store or the […]

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With His Job Gone, an Autoworker Wonders, ‘What Am I as a Man?’

LORDSTOWN, Ohio — In the weeks since he lost his job at the car plant, Rick Marsh has blasted Pink Floyd while cleaning the house. He has watched the cat watching the birds. He has smoked cigarettes out the sliding glass door. He has watched Motor Trend, a TV network about cars. He bought a […]

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Fiat Proposes Merger With Renault to Create New Auto Giant

Fiat Chrysler said on Monday that it proposed a merger with its French rival Renault, forming a global partnership aimed at improving their chances of surviving the coming perilous and costly shift to electric and self-driving cars. If the deal is consummated, the new company would displace General Motors as the third-largest car company in […]

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Renault and Fiat Chrysler Set to Announce a Global Partnership

Fiat Chrysler and Renault were deep in talks on Sunday about a global partnership agreement that could ultimately lead to a full-blown merger, according to three people with knowledge of the companies’ talks. The negotiations remained fluid on Sunday, with a range of outcomes possible. Both sides were hoping to announce an agreement on Monday […]

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