Aired 1 year ago 1:56
chrysler pacific Discussed on News Talk 1130 WISN
News Talk 1130 WISN
From the news
Aired Last month 13:35
Fiat Chrysler Scuttles Renault Merger, Mexico Tariffs Loom Large For The Auto Industry
Welcome to a very Motor City-centric edition of your Daily Detroit. Today, weâ€™re running down a pair of big stories from the auto industry, speaking withÂ Kristin Dziczek, vice president of the Center for Automotive Research in Ann Arbor. First up: Fiat Chrysler has withdrawn its $35 billion proposal to merge with French automaker Renault just 10 days after FCA first announced the proposal. It comes after the Renault board on Wednesday failed to reach a decision on the proposal, citing the French governmentâ€™s request to postpone a vote. TheÂ Wall Street JournalÂ also reported that Nissanâ€™s two representatives on the Renault board also objected.Â Renault owns a stake in Nissan as part of a long-running alliance with the Japanese automaker, while the French government owns a 15% stake in Renault. Fiat Chryslerâ€™s board met Wednesday evening and voted to withdraw its proposal with immediate effect, saying that although it remains convinced of the compelling rationale for the merger, â€œit has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully.â€Â Secondly, we discuss the news that President Trump may levy 5% tariffs against all goods imported from Mexico starting next week and gradually ramp them up to as high as 25%. As Dziczek explains, thatâ€™s problematic for a host of reasons, since automakers source many components including wire harnesses from Mexico for cars sold in the U.S., and about 15% of cars sold domestically were actually built at factories south of the border. Even for consumers, thereâ€™s a good chance that those replacement windshield wipers or brake pads you buy from Oâ€™Reillyâ€™s were made in Mexico. Itâ€™s a fascinating conversation. Thanks for listening to Daily Detroit. If you like what youâ€™re hearing, tell a friend about us, leave us a review and subscribe onÂ Apple Podcasts, or support us by becoming aÂ Patreon member.
Aired 9 months ago 46:51
355: Fear the Beard
In this episode we discuss long walks, open marriages, and Lonely and Horny Season 2 -- available now!
Aired Last month 100:48
178 - Live at the Folketeatret in Oslo
Karen and Georgia cover the Isdal Woman and the Black Metal murders.