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FCA to pay record $105M over recall failures

Green Car Congress

In addition, Fiat Chrysler must spend at least $20 million on meeting performance requirements included in the Consent Order. The enforcement action comes after a 2 July public hearing at which NHTSA officials outlined problems with Fiat Chrysler’s execution of 23 vehicle safety recalls covering more than 11 million defective vehicles.

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Auto Alliance pushing for passage of Maryland SB 1234 that would require state purchase of ZEVs; 50% of LDVs by 2026

Green Car Congress

In order to develop a sustainable market for these vehicles, it is important that all stakeholders from government, automakers, dealers, fuel providers, charging manufacturers, and utilities alike work together to develop a comprehensive and sustained strategy for success. —Auto Alliance.

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. Chrysler also saw a double-digit increase in the number of executives predicting improvement—finishing at 24% this year versus just 7.5% Investments.

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GlobalData: Coronavirus leads to nosedive in global vehicle sales with lowest January registrations since 2012

Green Car Congress

There was barely anybody at car dealers in the first week of February as most people stayed at home. The auto industry is poorly prepared for such supply chain shocks because many operations run on a ‘just-in-time’ basis, with very limited numbers of stockpiled parts. —Mike Vousden.

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Goodbye GM, Hello Tianjin-Qingyuan Electric Vehicle Company?

Plugs and Cars

As March came to a close, the Obama administration found GM and Chrysler’s restructuring plans “not viable.” Chrysler was told to consummate with Fiat quickly or else. And these days a billion dollars is barely a rounding error in the money going to prop up the American auto industry.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

and Chrysler struggle to come up with business plans that regulators will embrace. and Chrysler. .&# and Chrysler. The demand-is-everything argument is the cop-out line from the auto industry and our lovely government. rolls toward bankruptcy. Financial aid for such projects has been put on hold as G.M.

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