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Business News

Stellantis CEO: New car company will protect jobs and brands

NewsPlexus Media

Jan 19, 2021

The CEO of Stellantis, the carmaker created from the merger of PSA Peugeot and Fiat Chrysler, said Tuesday that the tie-up will help preserve jobs, factories and the 14 storied brands as billions in annual savings are achieved.

Business News

US safety agency rejects petition to recall Tesla vehicles

NewsPlexus Media

Jan 8, 2021

The U.S. government’s auto safety agency has rejected a request to investigate unintended acceleration in Tesla electric vehicles, saying the acceleration was caused by drivers pushing the wrong pedal.

Business News

Carmaker Stellantis shares jump in Milan, Paris on first day

NewsPlexus Media

Jan 18, 2021

Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock exchanges, giving life to the fourth-largest auto company in the world.

Business News

New campaign, and logo, for GM in a bid to electrify image

NewsPlexus Media

Jan 8, 2021

General Motors is changing its corporate logo and launching an electric vehicle marketing campaign to reshape its image as clean vehicle company, rather than a builder of gas-powered pickups and SUVs.

Business News

New Mercedes screen to stretch nearly full width of car

NewsPlexus Media

Jan 7, 2021

Daimler's Mercedes-Benz has unveiled a key interior component of its upcoming electric luxury sedan: a large, curved screen that sweeps across almost the entire width of the car in the place of a conventional dashboard.

Business News

US factories grew in December at fastest pace since mid-2018

NewsPlexus Media

Jan 5, 2021

American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic better than the battered services sector.

Business News

For first time in 5 years, US gas mileage down, emissions up

NewsPlexus Media

Jan 6, 2021

A new government report says gas mileage for new vehicles dropped and pollution increased in model year 2019 for the first time in five years.

Business News

Slack kicks off 2021 with a global outage

NewsPlexus Media

Jan 4, 2021

Slack, the messaging service used by millions of people for work and school, suffered a global outage on Monday, the first day back for most people returning from the New Year's holiday.

Business News

Fiat Chrysler, Peugeot shareholders approve merger

NewsPlexus Media

Jan 4, 2021

Shareholders of Fiat Chrysler and PSA Peugeot voted Monday to merge and create the world’s fourth-largest auto company which, its architects hope, can more readily take on an enormous technological shift in the industry.