Automakers & Suppliers

FCA concedes on Tier 2 without busting budget

12:01 am U.S. ET | Oct. 10, 2015
Facing a costly possible strike, FCA agreed to a revised new contract with the UAW that includes a path to nearly full pay for Tier 2 workers.

Revised FCA contract deal boosts newer workers to top-wage status in 8 years

1:22 pm U.S. ET | Oct. 9, 2015 | UPDATED: 10/9/15 4:15 pm ET - adds Williams remarks
A new tentative agreement between Fiat Chrysler and the UAW provides a wage progression that will get lower-paid Tier 2 workers to the same rate of pay -- $30 an hour -- as Tier 1 workers after 8 years on the job.

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Ferrari to be valued at up to $9.82 billion in stock offering

7:01 pm U.S. ET | Oct. 9, 2015
Ferrari will be valued at as much as $9.

VW diesels, with operative emissions gear, are slower and thirstier, Consumer Reports finds

4:00 pm U.S. ET | Oct. 9, 2015
Two Volkswagen models with 2.

VW faces Nov. 20 deadline in California for fix to diesel violations

2:05 pm U.S. ET | Oct. 9, 2015
California is giving VW until November 20 to come up with a plan to fix diesel models affected by its rigging of emissions tests, a spokesman for the...

Tesla CEO Elon Musk says fired employees go work for Apple

10:12 am U.S. ET | Oct. 9, 2015
Elon Musk called Apple a “Tesla Graveyard” where his fired employees go to work.

VW brand faces full-year loss on scandal costs, report says

10:57 am U.S. ET | Oct. 9, 2015
VW's core autos division will likely plunge into a loss this year as it is set to shoulder the bulk of the costs from the fallout of the company's...

Texas sues VW claiming deception, diesel pollution

8:30 am U.S. ET | Oct. 9, 2015
Texas joined the Volkswagen litigation bandwagon, accusing the company’s U.S.

A Stanford professor's quest to fix driverless cars' major flaw

7:18 am U.S. ET | Oct. 9, 2015
As the autonomous car movement barrels ahead, Chris Gerdes is raising questions about ethical choices that must inevitably be programmed into the...


Older VW diesels will need software and hardware fixes, Horn tells lawmakers

12:01 pm U.S. ET | Oct. 8, 2015
A software fix won't be enough to bring most of the 482,000 vehicles involved in its emissions violations scandal into compliance with U.S.

3 Nishikawa Rubber execs indicted by U.S. for price-fixing

5:03 pm U.S. ET | Oct. 8, 2015
Three executives affiliated with Japanese supplier Nishikawa Rubber Co.


VW headquarters searched by German prosecutors

9:28 am U.S. ET | Oct. 8, 2015
Prosecutors raided VW's headquarters in Germany and other offices today as part of their investigation into the carmaker's rigging of diesel...

New FCA-UAW contract deal would raise Tier 2 pay to $29 an hour, report says

1:42 pm U.S. ET | Oct. 8, 2015
Fiat Chrysler is offering so-called second-tier UAW members as much as $29 an hour -- up from $25 previously proposed -- under a new tentative...

UAW touts 'significant gains' after securing deal with FCA at deadline

12:01 am U.S. ET | Oct. 8, 2015
The UAW and Fiat Chrysler reached another tentative agreement on a new labor contract early this morning, averting a threatened strike that could...

Why trouble for VW made in Germany means Mexico headache

10:07 am U.S. ET | Oct. 8, 2015
As Germany warns of a disaster for domestic employees of Volkswagen AG, fallout from the company's emissions-cheating scandal threatens to reach...


VW's U.S. recall could be thwarted by reluctant diesel owners

7:18 am U.S. ET | Oct. 8, 2015
As VW prepares to explain how it might fix its polluting diesel cars, whatever solution it proposes could be undermined by some owners in the U.S.

Toyota at Tokyo show -- sporty, green, retro and sci-fi concepts

12:30 am U.S. ET | Oct. 8, 2015
Toyota is going big at the Tokyo Motor Show this month, with an eclectic display parading everything from a snappy compact sports car and futuristic...

Suppliers shouldn't pay for VW diesel scandal, executive says

11:27 am U.S. ET | Oct. 8, 2015
VW should not try to make up for the costs of its emissions scandal by putting pressure on suppliers to lower their prices, the head of a German...


Mitsubishi's EV crossover concept shows off new design language

6:38 am U.S. ET | Oct. 8, 2015
Mitsubishi will roll out an all-electric compact crossover concept at the Tokyo Motor Show that showcases its new design language and automated...


VW cheat software was switched on in Europe, report says

3:08 am U.S. ET | Oct. 8, 2015
Volkswagen's software used to cheat emissions tests was switched on in diesel vehicles in Europe, a German newspaper reported.

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