FCA Gets $7.1B Helping Hand from Italian Government

FCA Gets $7.1B Helping Hand from Italian Government

After lengthy negotiations, Fiat Chrysler Automobiles. N.V. locked down a $7.1-billion loan backed by the Italian government to help in weather the pandemic, which has upended economic activity throughout the world. The loan money was directed to FCA Italy, a wholly...
The Great American Summer Vacation Trip is on Hold

The Great American Summer Vacation Trip is on Hold

“My husband is itching to get on a plane,” said Jocelyn Coley, the CEO of a Detroit public relations agency, and normally she would be, too, preparing for her annual birthday trip to “an island,” Instead, they’ll likely be driving to Torch Lake, about three hours...
Nevada Latest State to Adopt Clean Car Standards

Nevada Latest State to Adopt Clean Car Standards

The state of Nevada is joining California and more than a dozen other states in a coalition advocating for tougher clean car standards that are supposed to reduce greenhouse gas emissions and improve air quality. Governor Steve Sisolak is preparing rules that would...
China Revising NEV Production Rules to Help Automakers

China Revising NEV Production Rules to Help Automakers

After pushing the production of electric vehicles for the past few years, China’s government is taking a step back, easing mandates and providing flexibility for automakers to get back on their economic feet in the wake of the coronavirus pandemic. Government...