Bernie's Feed
Jun 23, 2015

Ford expanding driver-assist technology across lineup

/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will expand automated safety technology across its global vehicle lineup over the next five years.

Ford also said that two features already available on its Mondeo sedan in Europe – one that applies brakes automatically to avoid collisions and another to detect the presence of pedestrians – will be available next year on one U.S. Ford vehicle and in most Ford products globally by 2019.

Jun 18, 2015

UAW president aims to narrow labor cost gaps at U.S. automakers

DETROIT (Reuters) – Labor costs for union workers are much lower for Fiat Chrysler Automobiles than Detroit rivals Ford Motor Co and General Motors Co, a disparity that United Auto Workers President Dennis Williams said on Thursday he wants to fix.

Fiat Chrysler (FCA) average wage and benefit costs for each production worker is about $48 per hour, compared with about $58 per hour at GM and $55 per hour at Ford, a recent study by the Center for Automotive Research found.

Jun 18, 2015

UAW president says union wants to expand healthcare pool

DETROIT (Reuters) – United Auto Workers President Dennis
Williams said on Thursday he wants to enter talks with the three
major U.S. automakers to pool active union and nonunion workers
and UAW retirees to bargain for lower healthcare costs.

Such a pool of about 900,000 people connected to Detroit’s
three automakers would not mean a single healthcare plan, but
instead a collective to wield more leverage in negotiations with
drug companies, hospitals and insurance companies, he noted.

Jun 18, 2015

UAW president: no Fiat Chrysler merger that cuts jobs

DETROIT (Reuters) – United Auto Workers President Dennis Williams said on Thursday the union has not taken a position on merger comments made by Fiat Chrysler’s chief executive, but said he would be against any plan that would cut union-represented jobs.

The union is evaluating outcomes of a possible merger of Fiat Chrysler Automobiles with General Motors Co or any other company, Williams told a news conference at UAW headquarters in Detroit.

Jun 15, 2015

Honda recalls 1.39 mln cars with passenger-side Takata air bags

DETROIT (Reuters) – Honda Motor Co Ltd on Monday
said it will recall 1.39 million Accord and Civic model sedans
with potentially faulty front passenger-side air bags made by
Japan’s Takata Corp.

This will bring to about 2.3 million the number of Honda
cars with front passenger-side air bags made by Takata that have
been recalled, the automaker said.

Jun 15, 2015

Honda to stop making natural gas car, to rely more on fuel cells

DETROIT, June 15 (Reuters) – Honda Motor Co will
introduce a new hydrogen fuel cell vehicle in 2016 and stop
production of its natural gas Civic, the U.S. sales head of its
American Honda auto division said on Monday.

John Mendel, speaking with reporters in Detroit, said the
company had sold about 16,000 natural gas-fueled Civic compact
cars since 1998 in a limited sales area of the United States. He
said the falling price of gasoline relative to natural gas
helped lead Honda to deciding to drop the car.

Jun 9, 2015

Fiat Chrysler North American labor chief retires ahead of talks

DETROIT, June 9 (Reuters) – Fiat Chrysler Automobiles
said its North American labor chief Al
Iacobelli has retired less than two months before company
negotiations with the United Auto Workers union.

Iacobelli, 55, will be replaced by Glenn Shagena, 52, FCA’s
former head of human resources in Mexico, effective immediately,
the company said on Tuesday.

Jun 4, 2015

Fiat Chrysler tells U.S. regulators no public hearing needed

DETROIT, June 4 (Reuters) – Fiat Chrysler Automobiles NV
, pushing back against pressure from U.S. auto
safety regulators, has told the Obama administration it sees no
reason for new public scrutiny of recalls affecting more than 10
million vehicles.

The National Highway Traffic Safety Administration has
scheduled a July 2 public hearing on Fiat Chrysler’s handling of
20 recalls for vehicles including Jeep Grand Cherokee SUV models
with fuel tanks that can leak and explode during rear

Jun 2, 2015

U.S. May auto sales race to strongest pace in nearly decade

DETROIT (Reuters) – The U.S. auto industry remained on track for the best sales year in a decade as consumers bought cars and trucks in May at the fastest pace in almost a decade.

Sales of pickup trucks and SUVs again led the way, which bodes well for the profit margins of the major automakers.

Jun 2, 2015

Fiat Chrysler sees May industry sales flat to up 0.7 percent

DETROIT (Reuters) – The U.S. auto industry will remain on track for the best sales year in a decade despite industry growth being flat to up 0.7 percent in May, Fiat Chrysler Automobiles (FCA) (FCAU.N: Quote, Profile, Research, Stock Buzz) (FCHA.MI: Quote, Profile, Research, Stock Buzz) said on Tuesday.

FCA’s forecast is slightly more optimistic than those of Wall Street analysts surveyed by Reuters, who expected a 1 percent fall-off in May U.S. auto sales.