2008 Chrysler Sebring Touring on 2040-cars

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Half of huge Stellantis engine plant's output will be EV motors by 2024

TREMERY, France — Stellantis said on Wednesday it will speed up the production of electric motors at its factory in Tremery (Moselle), long the world's largest diesel engine plant, to account for 50% of the facility's capacity by 2024. In 2021, diesel still accounted for 67% of production at this plant in northeastern France. But by 2024, diesel engines will make up only 30% of installed capacity. Gasoline engines, which are also used for hybrid electric vehicles, will make up 20% of capacity. Within the last decade, diesel accounted for more than 50% of new car sales in Europe, but the technology has fallen out of favour as the European Union has focused instead on zero-emission solutions for cars. Earlier on Wednesday, EU countries clinched deals on proposed laws to combat climate change, backing an effective ban on new fossil-fuel car sales from 2035 and a multibillion-euro fund to shield poorer citizens from CO2 costs. The shift to electric presents the auto industry with considerable challenges for jobs and training. An electric motor has a third of the parts of an internal combustion engine, requiring fewer parts and hours for production. The Tremery plant, which opened in 1979, has already shed jobs. The factory currently employs around 2,400 people and a nearby gearbox plant in Metz has 1,100 workers, compared to 3,000 and 1,400 respectively in 2019. Stellantis still makes diesel models like the new Citroen C4X. But others like the Peugeot 408 are switching to gasoline and hybrid models only.   Green Plants/Manufacturing Chrysler Electric

China's Geely says it has no plan to buy Fiat Chrysler — as FCA stock leaps

HONG KONG — Chinese carmaker Geely Automobile denied media speculation on Wednesday that it planned to make a takeover bid for Fiat Chryslerk Automobiles (FCA), the world's seventh-largest automaker. Geely was one of several Chinese carmakers cited in by Automotive News, which said representatives of "a well-known Chinese automaker" had made an offer this month for FCA, which has a market value of almost $20 billion. "We don't have such a plan at the moment," Geely executive director Gui Shengyue told reporters at an earnings briefing, when asked if Geely was interested in Fiat. He said a foreign acquisition would be complicated, but he did not elaborate. "But for other (Chinese) brands, it could be a fast track for their development," Gui added. However, a source close to the matter said FCA and Geely Automobile's parent firm, Zhejiang Geely Holding Group, had held initial talks late last year, without disclosing their nature. The source confirmed Geely was no longer interested in FCA, noting that the parent company had only three months ago announced its first push into Southeast Asia with the purchase of 49.9 percent of struggling Malaysian carmaker Proton, a deal that also included a stake in Lotus. Geel's denial failed to dent FCA's stock. The price of its Milan-based shares has jumped more than 10 percent to a 19-year high since Automotive News first reported on Monday, citing unnamed sources, that FCA had rejected the Chinese offer as too low. FCA stock on the New York Stock Exchange rose sharply on Monday from $11.60 to $12.38 and on Wednesday was trading at $12.84. FCA declined to comment on Wednesday. FCA Chief Executive Sergio Marchionne has repeatedly called for mergers as a way of sharing the costs of making cleaner, more advanced cars, but he has repeatedly failed to find a partner and retreated from his search for in April, saying FCA would stick to its business plan. He has also spoken of spinning the successful Jeep and Ram divisions off from FCA. Europe's largest carmaker, Volkswagen, and General Motors have both said they are not interested in talks with FCA. On Wednesday, Geely Automobile reported a doubling of first-half profit, above expectations, as cars designed with Sweden's Volvo won over domestic consumers. Volvo is a unit of the Zhejiang Geely group, and has recently announced it will share its technology with Geely.

Supplier says Jeep Cherokee hack only affects FCA cars

Harman doesn't think that drivers need to worry about any further hacks of its products. The company supplies FCA's Uconnect infotainment system where a software vulnerability is responsible for a 1.4-million vehicle recall. "This experimental hack is unique to Chrysler," Harman CEO Dinesh Paliwal said to Automotive News. "This does not exist, to our assessment, in any other vehicle." The reason that the company wouldn't be involved is that automakers aren't simply plugging in the existing infotainment systems into new vehicles. According to Paliwal, Harman supplies the unit, but FCA and other automakers are able to make additional modifications for their vehicles. The National Highway Traffic Safety Administration has also recently taken up the question of broader software vulnerabilities in Harman's products. On July 29, the agency began investigating the company to check for similarities between Uconnect and the infotainment systems supplied to other automakers. The Jeep hack became national news when two researchers were remotely able to take control of a Cherokee. The vulnerability in the cellular connection even gave control over the brakes. "Once people get in the car and get into the CAN bus, then you can start to mimic and mess up many, many things in the car," Paliwal said to Automotive News. Politicians immediately responded with legislation to create federal standards in hopes of protecting drivers better. NHTSA also opened an investigation to make sure the automaker's software update actually solved the problem. Related Video: