China’s Great Wall Planning Bid for FCA – But Will Trump Be a Roadblock
Chinese automaker Great Wall Motors is expected to make a formal bid to acquire all, or at least some of the assets of, Fiat Chrysler Automobiles, according to several reports out of Asia Monday morning.
The news comes a week after initial reports surfaced that FCA had rejected an earlier bid from an unspecified Chinese automotive manufacturer.
At the time, there was speculation several of that country’s native carmakers might seek such a deal with the spotlight focusing on both Great Wall and Guangzhou Automobile Group, which currently has a joint venture with FCA to produce Jeeps.
Cities Can Start to Tackle Climate Change by Plugging in Their Vehicles
President Donald Trump’s decision to exit the Paris climate agreement reaffirmed what was already clear: The federal government is no longer leading American efforts to shrink our carbon footprint.
But many state and local governments – along with businesses and consumers – aim to help fill this policy void.
At least a dozen governors have joined the United States Climate Alliance, committing their states to achieve emissions reductions consistent with President Barack Obama’s Paris pledge. More than 200 mayors are promising their cities will follow suit.
Alert the Fleet: The ‘Other Driver’ Has Been Abusing Prescription Opioids
By Art Liggio, President and CEO, Driving Dynamics
Anytime your drivers hit the road, they are surrounded by any number of people with diminished operational control.
Distractions, speeding, fatigue, aggression, DUI—it’s a minefield out there. Faced with the “other driver” and their poor decisions and actions it’s certainly no easy job to manage your fleet’s risk exposure but together we prepare your drivers to steer clear of the oncoming danger.
One area that’s a serious cause for concern is the rapidly growing abuse of prescription opioids. It’s has reached epidemic levels. The latest research shows a seven-fold increase since 1995 in the number of drivers killed while under the influence of prescription opioids. And it doesn’t appear to be getting any better as Researchers at Columbia University’s Center for Injury Epidemiology and Prevention expect a continued increase in the percentage of fatal crashes related to opioid usage.
So what should you be communicating to your fleet?
Autonomous Cars Race Narrows on Doubts About Clear Path to Profit
BMW and Daimler, the world's top luxury carmakers, have announced alliances with suppliers, talking up the virtues of having a bigger pool of engineers to develop a self-driving car.
But another motive behind these deals, executives and industry experts told Reuters, is a concern that robocars may not live up to the profit expectations that drove an initial investment rush.
Carmakers are increasingly looking to forego outright ownership of future autonomous driving systems in favor of spreading the investment burden and risk.
With Self-Driving Cars, Auto Insurance’s Time Is Limited
Investors sank more than $1 billion into auto tech companies in 2016 alone.
With that kind of funding, the question isn’t whether self-driving cars will change everything about how we get around, but how soon.
Experts also predict a shake-up in the auto insurance industry, with self-driving cars leading to fewer accidents. Does this mean you can stop paying for car insurance as soon as your autopilot-enabled Tesla rolls off the line? Not quite.
