 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 by Staff Writers Milan (AFP) Feb 6, 2020
Fiat Chrysler could halt production at a European factory because of supply problems from China due to the coronavirus outbreak there, its boss told Thursday's Financial Times. The prospective closure would be the first for a European car manufacturer. CEO Mike Manley said that four Chinese suppliers were affected by the coronavirus outbreak, including one "critical" supplier. The Italian-US company would know within two to four weeks "whether supply will be halted for one of our European plants", Manley said. Financial director Richard Palmer said Thursday that the impact of the coronavirus outbreak on the company "cannot yet be calculated". Japan's Toyota and Germany's Volkswagen have both suspended some production in China because of the coronavirus outbreak. South Korea's Hyundai said on Tuesday that it would stop domestic production because of a lack of Chinese parts due to the health crisis. FCA on Thursday announced net earnings down by nearly a fifth last year as sales slowed, although both rose in the final quarter. The firm, which is set to merge with France's Peugeot-Citroen to create the world's third-largest automaker by revenues, saw net earnings fall 19 percent to 2.7 billion euros ($3.0 billion) in 2019. cco/cjo/wai
Autonomous delivery vehicle set to roll after getting US approval Washington (AFP) Feb 6, 2020 Silicon Valley startup Nuro said Thursday it obtained US regulatory authority to operate a fully autonomous delivery vehicle and would begin testing it in Texas in the coming weeks. The California-based firm said it was the first company granted approval for a self-driving vehicle exemption by the US Department of Transportation. Nuro said its R2 vehicle, designed to operate without any human driver, would be partnering with local businesses for "last-mile delivery of consumer products, grocerie ... read more
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
