35 Burst results for "Fiat Chrysler"
Fiat Chrysler Recalls Big Ram Trucks; Wheels Could Fall Off
"fiat chrysler" Discussed on WCBM 680 AM
"Hell, damaging winds and even a few tornadoes with the possible Last flooding concerns remain in Austin. This is town hall dot com. Talk radio 6 80 Wcbm Fiat Chrysler's recalling more than a half a million heavy duty RAM trucks. The recall is to fix a problem that can cause the wheels to fall off. The recall covers certain 2012 there 2021 Ram 3500 heavy duty pickups. Ram 4500 and 5500 chassis cab trucks. The recall vehicles are mainly in North America. The trucks have dual rear wheels and flans lug nuts. PR. Chrysler says some service and owner manuals had the wrong torque specifications for tightening the nuts that hold the wheels to the hubs. If the nuts were over tightened, the wheel studs could be damaged and the wheels could come off. Company says it doesn't know of any crashes or injuries. Keith Peters reporting Japan is extended a rota virus state of emergency in Tokyo in other areas for 20 more days with infection. Still not slowing, isn't it prepares to host the Summer Olympics in 50 days? Major newspapers were calling the games to be canceled. Or the story's a town hall dot com on Patrick Pause. WCBM Baltimore Pretty strong, Cold front coming in for the top of the holiday weekend and an area of low pressure off the coast, keeping Northeast winds off the ocean across the mid Atlantic. There, even some coastal flood advisories up to the top of the weekend mid fifties for the overnight low with half inch plus reigns. More race Saturday. 56 showers Sunday 57 then finally, some sunshine returning for Memorial Day Monday Partly cloudy with a high of 75. I'm scout Larrimore the weather Channel.
Railroads Strike a $25 Billion Merger
"Merger is making news Canadian Pacific Railway has agreed to buy Kansas City Southern for $25 billion, creating a 20,000 mile rail network linking the US, Mexico and Canada Ram pickup truck maker. Still, Anta says production of the truck will be delayed because of a global chip shortage. The company form this year by the murder of Fiat, Chrysler and P s a group said the Paul Was would last for a number of weeks. Gina, serve Eddie Bloomberg Radio. Brought to you by
Combine Chrysler, Fiat, Peugeot and You Get Stellantis. Stella-What?
"The merger between fiat chrysler. Automobiles peugeot began trading. Today under the name still lantis shares rose as much as seven point seven percent and milan where the ticker s. t. la replaced fiat chrysler symbol. While the stocks also gained in paris where the company listed in place of peugeot the fourth largest automaker in the world by volume will also trade on the nyse under ticker symbol. T. la instead of fca you. What kind of name is that. The automaker said it draws from the latin words still meaning to brighton with stars while that may be better suited for a space company. The latin root reflects the combined companies french and italian heritage. The hopes brands house. Understa lantis include pujo. Ciro in ds opel vauxhall alfa romeo fiat lancia dodge jeep chrysler ram and a barth. It'll utilize fiat's ramen. Jeep divisions in north america revitalized peugeot citron brands dead of excelled in europe as well as greater resources to compete with electric car makers that are reshaping the sector the new entity expects to save five point nine billion through combined platforms increase purchasing power supply chain skill and other merger benefits many challenges await. Neither company has much a foothold in the luxury car. Business or china's vast auto market the prior merger of fiat and chrysler also did little to improve the fortunes of alfa romeo and roz herati while psa's purchase of only made the company more reliant on europe. The splashy entrance forced to lantis also comes at a busy time for the automobile industry with gm making a huge electric vehicle. Push and tesla forecast to deliver one million vehicles in two thousand and twenty one.
"fiat chrysler" Discussed on Bloomberg Radio New York
"Announced Bitcoin. It is higher just under $37,000. Let's get two more color on the equity market. We do that with blue Mark stock, Senator Dave Wilson. Dave, what you looking at? Well, I'm looking at financial companies that came out with her knees and sort of a mixed bag, Really. Bank of America, down one half percent in early trading. Fourth quarters. Trading revenue trailed the average male assessment of Bloomberg survey because of a shortfall in his bond business and earnings exceeded projections as be vague, cut loan loss reserves by $828 Million. So following the example of Citigroup, JP Morgan Chase and Wells Fargo, who all report on Friday, Goldman Sachs on the other hand up 2.5%. Fourth quarter training. We have a new beat estimates even though the bank's bond trading business also came up short investment banking revenue climbed 27% as fees for stock sales more than tripled. Ernie's were well above estimates. Beyond that, you've got Howard Burton up. 2% Theo services companies, Earnings and sales for the fourth quarter fell less than analysts expected. What happening on the deal front? MGM resorts up 5.5%, the casino owner. Said it won't make a revised offer for UK betting company and Tain, which rejected a bid valued at $11. Billion coherence up. 32% is a laser maker accepted takeover offer from one of its peers. Momentum holdings to cash a stock deal valued at $5.7 billion momentum shares, though down 8.5%. Citrix Systems off a half a percent. The maker of remote access software agreed to buy collaboration software maker Roll Reich for $2.3 billion in ODP. That's the company that owns office supply chain Office Depot Down 2% ODP rejected a takeover over from rival Staples while saying it's open to alternatives. You got a couple of broadcasters Lower discovery down. 2.5%. Viacom, CBS Down 2%. Both those stocks cut the equivalent of cell at Barclays TC Energy Down 5% This. The company owns Trans Canada pipelines and CBC News and others reported that U. S President elect Joe Biden plans to cancel the company's permit for the Keystone XL pipeline tomorrow, the day he takes office. FM sees down 5% the craft chemical companies. Preliminary revenue for the fourth quarter came up short of its forecast. FMC, citing supply issues in the Americas, pallets here Technology up 3.5% he dated, announced his company signed a multiyear, multimillion dollar contract to provide software to the main unit of California utility owner PG Any Western Union's up 6.5%. He might transfer company reached an agreement to operate at US Wal Mart Stores Services will be offered at more than 4700 locations starting in the spring. And then there's the Atlantis. This is the automaker that was created when Fiat Chrysler and put Jos owner P. S a group got together with us. The lances started trading yesterday in Europe the first day of trading in the U. S. It's up, 12.5% wow. So how do you spell with David? Any idea as E l l A N t. I s and the ticker is s city l A, by the way. Yeah, yeah. The American depositary receipts. Thank you, David Wilson. Still antis All have to look that up there. I'm sure their website can you imagine what they pay the consultants to do? Of course you don't remember. Primerica. Yes, Yes, I do. Remember that, Billy? What was one of Philip Morris did? I'll trio of l troop on the banking side. Truest, I think truest. Yes. Yes, that truly takes the truest trophy bloom with David Wilson. Thank you so much..
Amazon Announces Alexa Custom Assistant
"Launched alexa custom. Assistant a new service. That will let third party. Companies create their own virtual assistance using the amazon voice services. Back end this will let company set their own. Wake words and create custom. Voices with unique capabilities amazon says these customer assistance will coexist with amazon's assistant on platforms with voice request. Outside of a customer assistance functionality routed back to amazon the initial focus for the service will be on the automotive market with fiat. Chrysler as the first announced partner working on a custom assistant
Toyota to Pay $180 Million Over Delayed Emissions Defect Reports
"Pay $180 million to settle the U. S government allegations that it failed to report and fix pollution control defects and its vehicles for a decade. We'll hear more from correspondent Shelly Adler reporting. Along with the settlement. Toyota also agreed to investigate future emissions related defects quickly and report them to the EPA in a timely manner. The Japanese company was accused in a government lawsuit of delays in filing 78 emissions defect reports as required by the Clean Air Act. In a statement, Toyota said it reported that problems to the EPA five years ago after finding a quote process gap that brought delays in filing the reports. Toyota is the third automaker in recent years to pay penalties for Clean Air Act violations, along with Volkswagen and Fiat Chrysler. I'm Shelly Adler, more
Toyota to pay $180M for failing to report emissions defects
"Toyota will pay one hundred and eighty million dollars to settle U. S. government allegations that it failed to report and fix pollution control defects it its vehicles for a decade along with the settlement Toyota also agreed to investigate future emissions related defects quickly and report them to the EPA in a timely manner the Japanese company was accused in a government lawsuit of delays in filing seventy eight emissions defect reports as required by the clean air act in a statement Toyota said it reported the problem to the EPA five years ago after finding a quote process gap that brought delays in filing the reports Toyota is the third automaker in recent years to pay penalties for clean air act violations along with Volkswagen and fiat Chrysler I'm Shelley Adler
Fiat Chrysler and PSA Group Merge With Eyes On the Future
"And this business. Wars daily on this thursday january fourteenth. Here's a word you hear a lot in january reset you know out with the old in with a new new year new me okay. I'll stop it with a new year cliche now. But two automakers are taking the opportunity to reset to a new level fiat chrysler and the psa group will officially merge and become still lantis this weekend. It's a move years in the making and it's go well. I survive second catch up now. All carmakers suffered in twenty twenty new car. Sales declined factories were shuttered. An inventory stalled all thanks to covid nineteen but fiat chrysler soon to be one. Half of sta lantis suffered a lot. It's us sales. Were down seventeen percent compared to twenty nineteen and when other automakers saw slight gains in their fourth quarters as the year ended fiat. Chrysler saw more read so beyond brushing off a disappointing year. The newly minted sta lantis has its work cut out for it as it contends with the likes of similarly sized general motors fiat chrysler and psa may eight million vehicles a year combined that gives it a slight edge on gm which sold about seven point seven million cars in two thousand nineteen but gm has something to lantis doesn't significant presence in china while gm sold more than three million cars in china in two thousand nineteen fiat chrysler in psa sold only about a quarter of a million combined. That gap isn't sitting well with psa chief executive carlos taveras who became ceo to lantis. He's made it clear that year in up for the chinese market is one of still antennas. Top priorities device explained. No global car company can afford not to be in the largest car market in the world. And there's another slice of the market that may prove crucial forced to lantis electric vehicles. Fiat chrysler did announce pre merger that they were making an electric pickup truck last year but it was a bit late to the party. Gm ford and of course tesla were already at work on similar models whilst atlantis sets its priorities. Gm says it plans to spend twenty seven billion dollars over the next five years to make electric cars and trucks still. Antennas hasn't
Semiconductor shortage forces automobile production cuts
"For out of parts is forcing major auto companies toehold or slow vehicle production. Here's keep. Peter officials have Volkswagen, Ford, Fiat, Chrysler, Toyota and Nissan all say they've been hit by the shortage and forced to the late production of some models. In order to keep other factories running. In many cases, automakers have stopped making slower selling vehicles in order to divert the chips the hotter segments of the market, including pickup trucks and SUVs. Industry officials say semiconductor companies diverted production to Consumer Electron IX during the worst of the cove in 19 slowdown in auto sales last spring. Now there aren't enough chips. Keith Peters reporting a big change coming to
Global semiconductor shortage causes Ford and Nissan to cut vehicle production
"Parts, is forcing major auto companies to halt a slow vehicle production just as they were recovering from pandemic related factory shutdowns. Volkswagen, Ford, Fiat, Chrysler, Toyota and Nissan. All have been hit by the shortage more on these stories at town hall,
Shareholders of Fiat Chrysler and PSA Peugeot vote for merger creating world's 4th-largest car maker.
"And Peugeot shareholders hold virtual meetings today to vote on the proposed merger of the two automakers. The deal would create the world's fourth largest car company behind Volkswagen, Toyota and Renault. Nissan Two firms see opportunities to cut costs. The impact on jobs and heritage brands is unknown. Carl
Fiat Chrysler, Peugeot shareholders to vote on merger
"Chrysler and Francis P. S. A group shareholders are expected to approve a merger on Monday that will create the world's fourth largest automaker. The new company to be called Still, antis will be run by P s a CEO Carl to bars who's known for cutting brands and vehicles that don't make money. Early cost cutting moves will likely be in Europe, or PS and Fiat Chrysler have overlapping factories, but cuts are less likely in the U. S. Or fee. A Chrysler makes big profits on the big trucks and SUVs. Don't sell that well in Europe.
Cuts likely as Fiat Chrysler-PSA tie-up nears approval
"Via chrysler and france's. Psa group shareholders tomorrow to vote on a merger that if approved would create the world's fourth largest automaker the new company to be called still. Lantis will be run by. Psa ceo carla's taveras was known for cutting brands and vehicles. That don't make money early. Cost cutting moves will likely be held in europe where psa and fiat chrysler have overlapping factories but cuts are less likely in the united states. Where via chrysler makes big profits on its large trucks and suv's don't sell very well in
"fiat chrysler" Discussed on WDTK The Patriot
"Your doctor or pharmacist about Previn are 13. Now on time traffic news and weather on the Patriot. We're still seeing some slow traffic on Samaria freeways. Slow traffic on 94 eastbound between 6 96 and 12 Mile and you have a crash blocking the right shoulder. 94 was found after 75. It's causing a back up from Mount Elliot Street. Sheena Road in both directions between 21 22 Mile has only one line open and this is due to single repairs. Go ahead, use caution as you head through there and expect some possible delays heading eastbound on the blue water bridge into Canada. We're seeing delays of up to 15 minutes for trucks and delays of up to 15 minutes for trucks heading south bound on the ambassador bridge into Canada. We're also seeing construction on nine mile both directions between Hoover Road and Beechwood Avenue, and this will last through April, go ahead and seeking alternate mile road instead. If you want to avoid that Your weather forecast tonight. Low of 28 cloudy high tomorrow of 36 with afternoon snow. Currently it's 32 degrees and cloudy. From the town hall dot com newsroom Ford and Fiat Chrysler Automobiles are vying for the top awards at the North American International Auto Show. The finalists for the 2021 car and truck of the year were announced Thursday. Boards. All new F 1 50 pick up the ramp Hellcat, 1500, TRX and Jeep Gladiator. Mojave will compete for the truck honors Ford's Mustang. Maki crossover is a finalist for the S E. V of the year. General Motors did.
Berlin Model Y Timeline, TSLA Stock, Consumer Reports Autopilot Ranking
"Everybody robbing our here and today we're going to start off talking about about Tesla stock obviously a tough day for the markets. Today, we have some news on Mata. Why from gigabytes win an update from consumer reports on self driving technology and some news on the Fiat Chrysler Tesla credit situation. So Tesla's stock today was down four point four percent to four hundred and six dollars two cents compared to the Nasdaq down three point seven percent. So I think most of that move tesla was macro driven the S. and P. Five hundred and the Dow Jones Index had their worst days since. June I don't think volatility should be expected. Of course, we're heading into the US federal election next that's on Tuesday and a lot of places. Today are attributing the down market to a continued rise in covid nineteen cases, and in some locations that is causing restrictions that had previously been relaxed to be put back in place. So for example, I'm pretty close to Chicago. We heard today or yesterday that they are closing down indoor dining, and as we head into winter, obviously outdoor dining can be a little bit less appealing. So that can have even bigger economic impact than it would have during. The summer months for example and places like Colorado there at restrictions, doing things like closing down gyms. So we're seeing this all happen at the same time as the election approaches we haven't heard much on another round of stimulus or other. We have heard a lot about it, but we're not seeing any action there yet, and all that seems to be weighing on the stock. But at least at this point in time I don't see a whole lot of fundamental impact for Tesla. I'd be really surprised if had to end up shutting factory again I think eons comments and actions last time. That happened would make it difficult move politically to do that, but it's also not outside the realm of Boston. So we'll keep an eye on things as they develop. All right next up here we've got a story from Tusla Roddy, and before we even get into this unrest GonNa, add a huge preface that this report is just based on one person's interaction with one tesla employees. So a Lotta Times, information like this can just be completely inaccurate, but we're also here just trying find any little tidbit of information that we can. So I do think we're talking about. So test the ratty got. A message from a reservation holder for a model. Y. In the Netherlands and this person told Tesla Rati quote this morning. I got a call from Tesla in the Netherlands with some questions on my order. In that conversation, the Tesla employee told me that they expected deliver my Berlin build model y in q one or q two of twenty, twenty one they had just received an internal update on the billing process and Berlin and quote. So if we again go back to you this nice little timeline that was put together by Toby lend on twitter, we can see that four. Giga Shanghai. It took about five months ago from the first walls being constructed to the first body and and then a little bit over three months after that for first deliveries if Berlin can stay on the same schedule which so far it's actually been a little bit ahead of schedule from what the timeline was for. Shanghai could be looking at the first body and white sometime in January, and then maybe first deliveries sometime around April or may even March, and again that's based on Shanghai and there does seem to right now at least be a possibility of Berlin dragging even faster the other recent information. We got here was from the earnings call when dramatically no. When asked about the use of the pilot for forty six eighty cells and Fremont said quote we can use our pilot production facility in Fremont to support the new factory and Berlin as it ramps and quote. So within twelve months Tesla. Hopes to get that pilot lion to ten gigawatt hours of annual battery production that's a hundred and thirty three, thousand, seventy, five, kilowatt hour packs, and while it's not going to media, we hit that rate it shouldn't be too long from now where the output is you know maybe thousand or two. Thousand packs per month that would seem to hopefully track nicely along with the model why ramp up in Berlin. So again, on book this, saying take this with a grain of salt but to me, this does seem like a pretty plausible timeline q one or to, and this is obviously going to be even more interesting than normal vehicle ramp up would be because of the new technology tesla will be using in the Monowai. From Berlin I think we're all incredibly curious to see what the specs on that vehicle are give thing just while we're on the topic of motto that I want to. Motto I production is just about to explode. Next year I mean think about Tesla said in the ten Q, they're trying to ramp model white production not only in Shanghai not only Berlin but also in Texas in addition to having production of the why in Fremont came out on production on model y over the next two years is going to be incredible and prices are gonNA, come way down on that vehicle as production volume and look Liz ation increase. All right. Let's move onto the next topic here. This is from consumer reports. This got a lot of media attention. Today we're not gonNA spend on the time on it, but consumer reports today came out with their rankings for driver assistance systems, testing such systems from seventeen different automakers, and they actually have Cadillac supercrew coming out on top with a score of sixty nine and Tesla autopilot coming in second with a score of fifty seven. So of course, a lot of attention on this. But as I emphasized in the beginning, this is consumer reports testing for driver assistance systems.
More companies pledge to give workers time to vote
"Are involved in this next organization. You know their names were talking about all birds. Amazon Lulu Lemon lift Major League baseball uber target. The list is kind of endless and they've got a common interest. It's about strengthening our democracy. And encouraging participation. Now there's 545 of these companies in total. They basically just want to encourage civic participation. Okay, get out involved. So we're going to talk to the executive director of the Civic Alliance. He's Stephen Levine. He's on the phone with us from Los Angeles is also the co founder of Meteorites, Social Impact investors. Steven. It's great to have you. I imagine you guys have been quite busy over the last few months. We definitely have Kaylie and thank you for having me on this evening. I appreciate it. A CZ you mentioned the Civic Alliance is a nonpartisan business coalition that is strengthening our democracy by supporting face healthy and accessible elections. And by really inspiring every American to participate in our democracy. And I'm really proud of the work that we've seen so many extraordinary cos. Lead this here many for the first time encouraging both their employees and their consumers. Tio specifically active and get out and vote. Can you give us some specifics on what you've done? What kind of what kind of efforts Absolutely. So we've helped many companies, many major employers think about what policies they could have to make sure that all of their employees not only feel supported but also encouraged to vote. We're very proud to share that companies like best buy and Tax office are actually closing their retail locations. Either early or opening them late on election day to make sure that all of their employees have time off to vote. Other companies are closing completely for the day like Fiat, Chrysler on Patagonia, which are literally shutting down all of their operations on election day to make sure that their employees have the time they need to vote. We're also helping companies think about how they can message and provide all of their employees and consumers with the latest information about the different ways that Americans can vote in this election cycle. 20 is definitely a unique election cycle because you can say that again. The challenges represents so so we're really we're really excited that that many companies are are helping to fill in the gaps and educate Americans about about how they can vote early this year. Interesting fact. 99% of Americans can cast their ballot before Election Day in 2020, and we're thrilled that more than 75 million Americans already have. It's pretty just 30 million more than 60 students. It's no forgive me. I'm interrupting you. It's staggering, though. When you kind of get your head around those numbers. It's also staggering that you know, we talked about a story last week. About a Silicon Valley tech CEO that emailed all 10 million of his customers urging a vote for Joe Biden specifically like it used to be go back a few years. It was a no no for CEO or an executive to get out there and talk politically. What's different. We have about a minute and they will come back and continue. Okay, Great. Well, what I would say. First of all, I want to reiterate that specific alliances a nonpartisan all right, No, I understand Organization, but I think it's pretty exciting is that I think companies have started to realize that that civic engagement, nonpartisan civic engagement actually isn't partisan or political. It's patriotic and its civic And I think what we've seen is that because employees are really pushing companies take stands on important social issues. Companies are in turn, turning back to their employees and their consumers and saying, You know what? We will take a stand and we're taking a stand to encourage you to vote and really helped shape our country's future in our communities future and so I think. Encouraging voting and civic engagement eyes really the both politically safest and a really powerful move that many, many companies they're coming? Yeah, I would say employees. Consumers also, you know,
U.S. Auto Sales Show Signs of Recovery in Third Quarter
"And the automotive industry appears to be bouncing back faster than expected strong demand for trucks and SUV's combined with easier credit is strengthening the recovery. General Motors reported a ten percent drop in US sales in the third quarter far less than the thirty four percent decline in the previous quarter rebel Fiat. Chrysler posted similar results with sales falling ten percent to after a thirty nine percent decline in the second quarter Ford releases its sales figures
Judge refuses to reconsider GM lawsuit against Fiat Chrysler
"Co. General Motors is still trying to revive its racketeering lawsuit against smaller rival Fiat Chrysler automobiles. But a federal judge in Detroit today rejected GM is bid to reinstate that case. GM had claimed had new information on foreign accounts You center alleged bribery scheme involving F C, A and leaders of the United Auto Workers. But Judge Paul Borden said the new evidence is too speculative to warrant re opening the case. GM quickly vowed to
"fiat chrysler" Discussed on WNYC 93.9 FM
"News. I'm Barbara Klein and NPR Marist Focus Group suggests President Trump's attacks on former Vice President Biden on crime may not be working NPR's Domenico Montanaro reports on the findings from a group in the key state of Arizona. The focus group consisted of eight voters, a mix of Trump supporters, Biden backers and undecided voters. They were played. A trump campaign ad alleging a Biden presidency would result in a defunding of police a rise in crime and no one to answer 901 calls. But these Phoenix area voters, even the Trump supporters said the ad didn't reflect reality. They were far more concerned about the Corona virus in their state where cases air spiking. Many said the state opened far too soon and felt there should be more guidance from the federal government. Domenico Montanaro. NPR NEWS Washington The World Health Organization says the last several months of the Corona virus pandemic has yielded important information that should change efforts to curb its spread. W ay chose emergencies Chief Mike Ryan says Among the most significant lessons is contrary to early predictions. Warm weather won't stop it. This virus has Demonstrated no seasonal pattern. As such, so far, what is clearly demonstrated these you take the pressure off the virus. The virus bounces back. In Baltimore, A major natural gas explosion has killed at least one person. Six people are in critical condition. Several houses air destroyed, some reduced to rubble. Cruise air searching through debris to find other victims. Baltimore officials say the trigger for the explosion. Is still being investigated. Fiat Chrysler filed court papers today calling bribery allegations by General Motors defamatory and baseless. GM accuses the Italian U. S automaker of bribing union officials to charge GM higher labor costs. This is NPR. And it says W. M C in New York. I'm David first a New York Supreme Court judge heard oral arguments today. In a lawsuit filed by Quinn Car Eric Garner's mother. Garner died in 2014 after a police officer dragged him to the ground by the neck. A lawsuit seeks testimony from NYPD leadership and others. Attorney Alvin Bragg is representing Garner's mother. Questions abounds in what the leadership did. Or did not do in terms of oversight, accountability, an investigation of this underlying conduct. That's why we're here. Rags has a provision of the city charter allows for a judicial inquiry into suspected misconduct by a public official Lawyers for the city, saying internal investigation was already completed and they want the case dismissed. Whether it moves forward will get decided in the coming weeks. New Jersey's long term care facilities will start lifting restrictions, allowing indoor visits and resuming some activities for residents after months of lock down State will allow essential caregivers to spend time indoors with residents who have either tested negative for covert, 19 are asymptomatic or have recovered from the virus. Previously, only outdoor visits were allowed. State Health Commissioner Judy personality sense facilities that meat safety benchmarks can resume activities like limited indoor dining, haircuts and outdoor outings. We recognize and appreciate that contact with family, friends and fellow residents. Is essential for the emotional, emotional well being of nursing home residents. State is also providing state and federal dollars to support facilities and increase pay. Four certified nurse's Governor. Cuomo says New York doesn't have enough money to meet a requirement in the executive order President Trump issued over the weekend. It would give unemployed Americans $400 in additional payments a week instead of the $600 that expired July 31st. And the states would have to finance 1/4 of that. Cuomo called the proposal laughable. I could cost $4 billion. It's just an impossibility. New York is facing a $14 billion budget deficit. 90. We're.
Twenty-Five Years Later, Ford Resurrects the Bronco
"If you're an offroad aficionado or even just WANNA be. This story is a big deal. After a quarter century Ford is resurrecting the Ford Bronco a direct rival to the jeep. Ford produce the Bronco for thirty straight years starting in nineteen, sixty six. The vehicle had only two doors reportedly one reason why Ford discontinued it in Nineteen ninety-six consumer sentiment was shifting toward four doors. Historians say the Bronco Developed Cult Status. After it was discontinued today, the beefy muscular vehicles, a sentimental favourite restored vintage models can sell for up to two hundred thousand dollars with a corporate unit called Ford icons. Ford is Heavily Marketing Nostalgia that division includes the Bronco, a Mustang and a new line of Ford F one fifty pick-up trucks, including a hybrid version, and soon to be debuted all electric. And Nostalgia sells, but it's far from the only reason. The automakers releasing a Bronco for the twenty first century. The company is capitalizing on a trend according to the automaker offroad vehicle, so called rugged SUV's. Twice, as popular as regular SUV's CNN reports that has engineered the new bronco models for quote hard off road driving. You know the kind that allows you to quote. Get far from civilization. An even stay there for awhile. Is the perfect escape for pandemic induced cabin fever. Get a dose of Adrenalin while avoiding the plague. It's a combination made for advertising. Heaven Kit needs to be the jeep wrangler as the Juggernaut of off road vehicles. CNBC reports that automakers have been trying to quote dethrone the Wrangler for decades. Without much success. Even during the pandemic GPS kept selling Fiat Chrysler sold an average of seventeen thousand jeep wrangler every month for the last five years according to the Detroit news last year, almost a quarter, million wrangler flew off dealership. Lots and experts say jeep owners are loyal. To a fault. Still Ford executives have moxie. They're predicting sales of two hundred thousand broncos over the next year, according to Automotive News. and. Keep in mind that the low end version of the new line. The broncos sport won't even be out until years end higher end versions of the Bronco won't be at dealerships until next spring. Ford is doing everything it can to make the Bronco enticing enough to away jeep lovers, and of course to persuade new off roaders to come into the Ford camp that includes besting the ramblers largest tires thirty three inches with whopping thirty five inch tires, Ford says a Bronco outfitted with the almost three foot in diameter tires can easily go through a couple of feet of water models also come with removable roofs and doors. Drivers can store the doors in the Bronco. For, it says. At about thirty thousand dollars, the price of the two door base Bronco comes in at only two hundred dollars more than the base price of the jeep wrangler at the top in a limited number of first edition for door Bronco started about sixty one thousand dollars, Ford began taking one hundred dollar deposits on Broncos last Monday when it released the new line I edition reservation slots sold out within a couple of hours. Still as bullish as the auto press is about the Broncos, the release comes against bleak backdrop for the auto industry. Overall vehicle sales plummeted when covid nineteen emerged shut the industry down for two months recently, both Ford and GM reported second-quarter sales declines of about thirty three percent from a year earlier jeep parent, Fiat Chrysler did even worse with sales down forty percent. And that puts a lot of pressure on Ford to live up to its promise of adding a billion dollars to the bottom line next year through Bronco Sales. And it adds pressure Chrysler to keep jeep at the top of the OFFROAD HEAP Stakes is high as the boulder strewn rocky mountains. The war between Bronco in gene. We'll be fascinating to watch.
GM wants judge removed in legal fight with Fiat Chrysler
"General Motors asked a federal appeals court Friday to overturn an order that requires its CEO to meet with the head of fiat Chrysler by next week to try to settle a lawsuit related to corruption by union leaders GM also asked the court to remove US district judge Paul Borman from the case GM is suing crosstown rival FCA alleging that it got an advantage by paying off union leaders to reduce labor costs during contract talks FCA's former labor chief ally a belly is in prison although the company denies that directed any prohibited payments Borman described the lawsuit as a nuclear option that would be a waste of time and resources for years if he allows the case to move
"fiat chrysler" Discussed on KOMO
"Ex president Obama response to that he has not directly I would be surprised if he does Karen thanks very much ABC news White House correspondent Karen Travers with us again this morning from the nation's capital come on Tuesday may twenty third after the propellant surest money update fiat Chrysler Ford and General Motors will be resuming vehicle production today after almost two months of the line's been shut down due to the pandemic the factories won't run like they did before however is the auto makers will be standing farther apart on the assembly line and covered in personal protective equipment Ford CEO Jim Hackett says workers will also undergo a no touch temperature scanned email just are telling us this is one of the biggest issues that we've got to pay attention to so we because we have these huge tractors you know I'm talking about two to three million square feet of space there's a lot of room to actually think about doing this the right way General Motors will take more time between shifts to clean and disinfect PP and the Ford rather fiat Chrysler has redesigned workstations as well to adjust health and Human Services secretary Alex Cesar stretches stressing urgency for states to re open on CNN he said president trump has left decisions up to local leaders ETS are also argued against a one size fits all approach to re opening he says the country's ready to reopen and he reminded people that over ten million corona virus tests have already been performed wall street's in very positive mood this morning on some encouraging results from tests regarding a potential coronavirus vaccine the Dow Jones industrial average is up three and a half percent that's a gain of eight hundred thirty five points the S. and P. is up more than three percent of the nasdaq is up about two and a half percent we'll check traffic and weather for you coming up next komo news time.
"fiat chrysler" Discussed on News-Talk 1400 The Patriot
"Pushed off the road there is road work in I. seventy five near mid roll slow traffic is reported on southbound seventy five between Dixie highway and south otter creek in the forecast more sun than clouds today it'll be breezy with a high of fifty nine clear skies tonight low forty one mostly sunny and windy tomorrow with a high of sixty two right now it's partly cloudy and forty degrees from the town hall dot com newsroom the state is reporting record participation in yesterday's local elections ninety eight percent of the vote count came from absentee ballots approximately one hundred eighty six thousand those ballots combined with the in person votes brings the turned out to twenty two percent about double the average for may elections may eighteenth is the target date for both General Motors and fiat Chrysler to begin restarting the assembly lines the company's both announced the restart date while reporting first quarter results this morning GM posted a two hundred ninety four million dollar net profit a drop of eighty seven percent from last year although it still beat Wall Street expectations earlier this week FCA announced a first quarter loss of one point nine billion dollars police statewide continue to hunt for twenty three year old Ramani a bishop in forty four year old Larry Teague wanted for the murder of a family dollar security guard in flint Teague's wife sure Mel Teague has been arraigned on murder charges for the shooting death of Calvin motor one on Friday Munnerlyn confronted her about her daughter not wearing a mask in the store police say she called her husband and Leary T. returned to the store with bishop and began arguing with the guard before witnesses say bishop shot him in the head we update traffic and weather four times an hour I'm John Bailey of the patriot FM one oh one point five A. M. for let's say you just bought a house bad news is your one step closer to becoming your parents you'll.
"fiat chrysler" Discussed on AP News
"The automaker sister recalls to to windshield wiper arms that can come loose or prevent the wipers from working properly the recalls for certain 2019 and 2020 ram 1500 pickups 1500 classic pickups in jeep compass SUVs according to documents from the national highway traffic safety administration loose wiper arms can reduce the driver's visibility however fiat Chrysler says it hasn't had any reports of the problem causing accidents or injuries I'm my camp in
"fiat chrysler" Discussed on Bloomberg Radio New York
"About the hold crisis that was created by Congress nineteen but there are things that we can do to limit the amount of spillover to financial markets and I think the fact that we quickly got our facilities are up then there's still more facilities coming has helped in reducing the amount of financial spillover but not completely eliminated General Motors and fiat Chrysler have given an early glimpse of the damage a global pandemic has done to their U. S. sales sales down seven point one percent for GM more than ten percent for fiat Chrysler in the first three months of the year GM shares down now by seven point three percent fiat Chrysler down by four point eight percent gold up five tenths of one percent fifteen eighty five Beyonce West Texas intermediate crude up two tenths of one percent twenty dollars fifty cents a barrel recapping SMP down by four point two percent on Charlie pallets that is a Bloomberg business slash all right Charlie thank you so much you're listening to Bloomberg business week chasing Kelly and Carol Massar and I have to say I learned a lot talking to Larry Merlo of up at CVS health about the pace of what's happening and and also I mean clearly a company that has to be very very focused on the health and safety of its own workers as well as hospitals do right I mean they are on the frontline talk about being stressed in so many different ways I was thinking about it so you've got you know the CEO his personal life and and worry about his family he's got to worry about his company his workers you know and he's and he's really worried about his customers and right so changing what they can do to make it easier for customers to get everything that they need you know there are people who are on prescriptions that you know above and beyond the virus that need to make sure that they can get them so they have really taken a lot of big steps to do that and I gotta say I love when you hear CEO saying you know what we're holding on our workers were taking care of our workers are going to keep them safe I'm going to keep them employed because that's what it's about in terms of getting also everyone through this crisis well and looking around the corner to an understanding that his business will be fundamentally changed by this that much is certainly clear and so it all look forward to catching up with him as this goes on and certainly after it calms down because I think he again it's very much on the front lines are eight let's get to Bob moon now.
"fiat chrysler" Discussed on KTLK 1130 AM
"Ford and fiat Chrysler amid a work stoppage over the corona virus outbreak Ford and General Motors and fiat Chrysler suspending production at all north American plants beginning this week I've only around one hundred fifty thousand workers in an effort to deep clean the plants and help prevent the spread of the corona virus following pressure by the U. A. W. Honda Nissan and Toyota also temporarily suspending production in North America Hyundai closed its plant in Alabama after a worker there tested positive for corona virus you Detroit leaders and Ford and General Motors say they're also looking into a possible transition into the production of ventilators Jeff man also fox news president trump says the government is looking into using existing drugs to treat covert nineteen fifty eight mins known to be safe in Europe Japan or other nations are effective against the virus will use that information to protect the health and safety of American people nothing will stand in our way as we pursue any Avenue to find what best works against this horrible virus the president says his administration is also slashing red tape on the development of vaccines and that the first clinical trial the vaccine began earlier this week the Wall Street journal reports the some FDA scientists oppose relaxing the regulations saying experimental drugs could expose patients to unnecessary risks Senate intelligence committee chairman Richard Burr a Republican from North Carolina sold as much as one point seven million dollars in stocks just before the market dropped last month as government health officials began to issue warnings about the effects of the virus the futures turned higher Asian markets mostly higher Wall Street ended mostly higher after.
"fiat chrysler" Discussed on 600 WREC
"Than half a million people find work with express each year connect on the express job sap or express pros dot com this is a box thirteen weather up date of Oct thirteen are all just pretty but with temperatures rising across the mid south as afternoon highs into the low to mid seventies mostly cloudy skies showers exiting as we head into the afternoon hours once a week breezy around ten miles per hour to be tracking the potential for stronger storms over east Arkansas for your Thursday with more rain in the forecast as we end up the work week your full forecast at five I'm Jim just go with your money now the stock market's turbulent month is continuing with equities undergoing another huge selloff as investors grow increasingly nervous about the impact of the corona virus pandemic on the global economy near the close the Dow industrials are down sixteen hundred sixty points the nasdaq down four hundred sixty two yes and P. five hundred has tumbled one hundred seventy eight oil prices suffered their third largest percentage decline ever settling at an eighteen year low April crude today plummeting twenty four point four percent to settle at twenty dollars thirty seven cents a barrel bellowing to pressure from union leaders Ford and General Motors today said they will close their north American factories to Morrow and keep them closed until at least March thirtieth fiat Chrysler is expected to do the same but it didn't immediately confirm that the United auto workers says the closures will affect some one hundred fifty thousand union workers with the Detroit automakers and shares of casino and hotel operator taking a massive hit today MGM Caesars marry at all down about thirty percent that's your money now for the first.
"fiat chrysler" Discussed on 860AM The Answer
"California man that all three models of the company's cars can suddenly speed up on their own without the driver touching the accelerator pedal test was says it checks when drivers report that their car xcelerated on its own and in every case where the company has the car's data it drove as designed the company also playing the man filed a petition with federal safety officials as a short seller of Tesla shares a short seller refers to investors who borrow shares in the company stock and try to profit by replacing them after the share price falls that is Jeremy house filing that report the allegations cover about five hundred thousand tassels including model three model S. and model X. vehicles from two thousand thirteen through two thousand nineteen on this date in nineteen fifteen America's first official transcontinental telephone call took place between Alexander Graham Bell New York and his assistant Thomas Watson in San Francisco for a town hall dot com fiat Chrysler moving to dismiss a racketeering lawsuit filed by rival General Motors denying allegations of bribe union officials to impose higher labor costs on GM in papers filed Friday with the federal court in Detroit FCA argued that GM's lawsuit is not based on facts it also argue that even if the illegal acts GM alleges were true a four year statute of limitations on that has expired GM alleges in the lawsuit filed last November that fiat Chrysler bribed officials of the United auto workers union to settle GM with higher costs it after four PM to merge with the smaller at CA Patrick false reporting French automaker PSA group planning to evacuate its expatriate employees and their families from Wuhan into an area where they would be quarantine the French medical experts are saying the condition period for the corona virus appears to be fourteen days Morley stories a townhall dot com I'm Rhonda rocks for this week in the journal review.
"fiat chrysler" Discussed on AP News
"The company see the new group with annual sales of 8.7000000 cars will be led by PSA Peugeots CEO with fiat Chrysler's chairman is chairman of the merged auto maker no plants are due to be closed but the combo is anticipated to create more than $4000000000 in annual savings which executives say will be invested in sustainable mobility in part to meet strict new emissions regulations principally in Europe the deal which was announced back in October is expected to take 12 to 15 months to close so far with the new company will be called hasn't been decided I'm at small
"fiat chrysler" Discussed on 106.1 FM WTKK
"A tentative deal with fiat Chrysler but it still needs to be approved by workers that deal reportedly includes a nine thousand dollar ratification bonus a promise not to close any assembly factories for the next four years and a commitment to keep making vehicles at a plant in Belvidere Illinois fiat Chrysler is the last company to settle on a new contract with the unit immigration remains a key issue for Republicans as we head into the twenty twenty elections with that being a hot topic some people are comparing president trump's immigration record with his predecessor some observers say trump looks like a slacker compared to president Obama your departing chief you called me deported one point one million migrants in his first three years compared to an estimated eight hundred thousand under president trump what's different two things under Obama easily to portable Mexican men vastly outnumbered other migrants today central American asylum seeking families are entitled to judicial review and must be released after twenty one days under Obama county jails indiscriminately funneled millions of migrants to ice for deportation today sanctuary cities and states cut off that pipeline faxes way in London as a town in Canada once the changes Tasik toxic name for decades a town in Canada thrived on its industrial name a name that afforded just residence a living but things have changed for the town of asbestosis the once popular insulation material is now known to be toxic and banned from most construction around the world the mayor says the negative perception about as best as is costing the city business so the Quebec town of seven thousand has decided to change its name the city will announce this new and improved moniker next year Carmen Roberts fox news nine zero zero fox news and and you're listening to rush's week in review ratings my friends and welcome it's great to have you here on thanksgiving week.
"fiat chrysler" Discussed on Bloomberg Radio New York
"To Vietnam today I'm Christopher Cruz and I'm Susanna Palmer from Bloomberg world headquarters some wintry weather is headed our way we hear more about that from Bloomberg meteorologist rob St Pierre laughter quiet day today we'll have some snow coming in Sunday in the morning should turn to rein in the city in the afternoon after about an inch or two accumulation that real continue in the city Sunday night and Monday we'll get another another batch of preset with the rain turned to snow could get another couple of inches from that not for locations north and west of New York City most of this may be snowing a little bit of a mix and so several inches accumulation expected there throughout the event fiat Chrysler and the United auto workers have finalized a tentative agreement on a new labor contract that according to statements by the company and by the union Cindy Estrada UAW vice president and head of the unions fiat Chrysler department said in a statement that in addition to four and a half billion dollars in major investments that were already announced negotiators secured an additional four and a half billion for a total of nine billion dollars worth of investments adding seventy nine hundred jobs during the contract period a surge of global deals in the past week has helped put mergers and acquisitions on track to approach and maybe even top last year's totals globally twenty nineteen is already the six best year of the past twenty according to data compiled by Bloomberg a surge of deals to start the past week added more than seventy billion dollars with Charles Schwab twenty six billion dollar buy out of discount brokerage TD Ameritrade holding leading the pack luxury goods giant LVMH Swiss drugmaker Novartis and Japanese conglomerate Mitsubishi Corp were also among the companies that announced a multi billion dollar transactions global news twenty four hours a day on air added tictoc on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Susanna Palmer this is Bloomberg this is the business of sports from Bloomberg radio with scouts ashik Michael Barr and Evan nobody was thank you very much for joining us we each and every week for you.
"fiat chrysler" Discussed on AP News
"The premiere of one of its first original films the day before it was set to debut at Los Angeles is if I film festival the company said it was holding back the banker after learning of quote some concerns going on to say it needs some time to look into these matters the film stars Samuel L. Jackson and Anthony Mackie and just based on the true story of two African American men with the nineteen fifties and sixties recorded a white man to pose as the face of their expense of real estate and banking business the film is apple's boldest step yet in the movie making a theatrical release is scheduled for December sixth after which it would become part of the company's new streaming service apple TV plus which launched earlier this month if you're a Chrysler is recalling almost seven hundred thousand SUVs worldwide as a P. corresponded my company reports an engine problems to blame the automaker says most of the recalled vehicles are in North America the recall covers certain twenty eleven through twenty thirteen jeep grand Cherokees and Taj Durango's fiat Chrysler says silicon deposits on the contact points of fuel pump relays can cut off the electrical current and because see engines to stall or fail to start the relays on some of the vehicles were replaced in a previous recall the company says it's not aware of any accidents or injuries caused by this problem I'm Mike Hampton I'm ready to fall many house Democrats think they have enough evidence now begin writing articles of impeachment against president trump lead house investigator congressman Adam Schiff trump put his personal and political interests above the United States if the house votes to impeach the president the trial would be held in the Senate and the White House is getting ready the White House hosted an impeachment strategy meeting with Senate Republicans Thursday but no decisions were made about the length of the Senate trial or other tactics according to two people familiar with the session one Senate GOP aide tells the Associated Press senators did show interest in voting as soon as they have the fifty one votes needed to a quick president Donald Trump that aid and the senior White House official said senators discussed but did not agree to a trial lasting two weeks the aide spoke on condition of anonymity Mike Crossey up Washington a warning for those trying to find.
"fiat chrysler" Discussed on KUGN 590 AM
"This is a seminal moment in our investigation house intelligence committee chairman Adam Schiff commenting after US ambassador to the European Union Gordon someone address the question was there a quid pro quo when it came to the release of US military aid to Ukraine the answer is yes ambassador someone told the committee it was no secret the leadership of the state department the National Security Council and the White House were all informed about the Ukraine efforts the MSNBC Washington post democratic presidential debate touched on the impeachment inquiry but there was more was all female questioners for the MSNBC Washington post debate talk of healthcare coverage involved into the need for paid family leave couple Harris pointed out women are having children later and sometimes find themselves also taking care of elderly parents all the while being paid less than men and women are paid eighty cents on the dollar black women sixty one cents native American women fifty eight cents Latinas fifty three sent me club which are took the reins with the idea that someone really tough is going to have to be the nominee and if you think a woman can't see Donald Trump Nancy Pelosi does it every single day Constantini Landau General Motors filed a racketeering lawsuit in federal court alleging fiat Chrysler bribed United auto workers officials over many years to corrupt the bargaining process to gain advantages costing GM billions of dollars fiat Chrysler called the lawsuit meritless it also said that its talks with Peugeots owners to create a fifty.
"fiat chrysler" Discussed on NewsRadio KFBK
"Do it on Tuesdays and Thursdays at this time right after Kelly's money report you know little and luxury are words that have a hard time co existing in American minds houses cars diamonds boats bigger means more expensive and more expensive means luxury or so it went there's a new generation of luxury buyers coming into their peak earning years to realize that luxury is an experience not a physical measurement if a small crossover SUV that gets good gas mileage makes sense for them then why can't there simply be a luxurious version of that that's where the Lexus you exit to for. if the H. comes in it is the smallest of Lexus three cross overs the H. stands for hybrid meaning it has a combination of a gasoline engine and electric motor that work together to produce the right blend of power sources for any given condition the pay offs in the gas mileage the U. X. two fifty H. gets an EPA estimated forty one miles per gallon in the city that's right forty one and thirty eight on the highway you can see pictures and read my full review on my page my candidate KFBK dot com and by the way as you know Kitty endorses Lexus of Sacramento and has for many years with the cars I review here are provided by the manufacturer and not any specific dealer all right it's a four fifty four now and engineers been charged with conspiracy and fraud in the lead scheme to full regulators about engine pollution from more than a hundred thousand fiat Chrysler D. slur vehicles and diesel vehicles I should say Emmanuel Palma is due in Troy federal court Tuesday on a rafter charges Palma he was a manager until June of twenty sixteen at an engine company owned by fiat Chrysler accused of manipulating emissions during government tests to make it appear that engines were producing less pollution than they were the trump administration is issued a rule that will make overtime pay available to one point three million more Americans than currently although the proposal replaces a broader one advanced by former president Obama the labor department said today that it is raising the salary level that companies will have to pay to exempt workers from overtime to thirty five thousand five hundred sixty eight dollars a year it's a pretty good job it's currently twenty three thousand six hundred sixty it's now for fifty five on KFBK at our big story today of course the announcement by house speaker Nancy Pelosi that in the impeachment investigation we'll begin we'll have complete details and reaction as the KFBK afternoon news continues at five..