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FCA recalls 900,000 vehicles worldwide
- November 2, 2015
- Posted by: Simon Wait
- Category: Industry News
Fiat Chrysler Automobiles has said it will recall nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems. The firm said it was recalling 284,089 model-year 2003 Jeep Liberty and 2004 Jeep Grand Cherokees SUVs in the United States to replace some components linked to the deployment of [...] -
STOP THE CRASH CAMPAIGN LAUNCHED
- October 27, 2015
- Posted by: Simon Wait
- Category: Industry News
Global NCAP with a group of key corporate partners, including Thatcham Research, is launching a new four year global campaign in support of the current UN Decade of Action for Road Safety to promote awareness of leading crash avoidance technologies in the major emerging automobile markets. The Stop the Crash campaign will highlight three key [...] -
VW CRISIS HIGHLIGHTS GOVERNANCE PROBLEMS
- October 27, 2015
- Posted by: Simon Wait
- Category: Industry News
A new report published by Moody’s has stated that the VW emissions crisis highlights serious corporate governance problems at Volkswagen, and that while the ongoing management reshuffle is positive, the high turnover creates risks. Yasmina Serghini-Douvin, vice president and senior credit officer at Moody’s said, ‘VW’s emissions crisis has brought to light serious corporate governance issues within [...] -
NY advances with connected vehicle pilot
- October 23, 2015
- Posted by: Simon Wait
- Category: Industry News
The New York City Department of Transportation (NYC DOT) has selected TransCore to lead the initial design of its Connected Vehicle Pilot Deployment Program reports BusinessWire. When deployed, this project will integrate TransCore’s TransSuite Traffic Management System technology with an in-vehicle device to further improve traffic flow, reduce accidents and improve pedestrian safety. Supporting Mayor [...] -
Positive Q3 outlook for AkzoNobel
- October 23, 2015
- Posted by: Simon Wait
- Category: Industry News
AkzoNobel’s third quarter results show positive developments in profitability in all three business areas – decorative paints, performance coatings and specialty chemicals – despite what it claims a ‘challenging market environment’. Third quarter (Q3) 2015 operating income increased 30% to €436 million, reflecting the positive effects of process optimisation, lower costs, reduced restructuring expenses and [...]