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Federal judge orders Barra and Manley to try to resolve GM racketeering lawsuit

DETROIT — A federal judge in Detroit on Tuesday ordered the chief executives of automakers General Motors and Fiat Chrysler Automobiles to meet by July 1 to try to resolve GM's racketeering lawsuit. U.S. District Court Judge Paul Borman called on GM CEO Mary Barra and FCA CEO Mike Manley to meet in person to try to resolve a case that could drag on for years. "What a waste of time and resources now and for the years to come in this mega-litigation if these automotive leaders and their large teams of lawyers are required to focus significant time-consuming efforts to pursue this nuclear-option lawsuit if it goes forward," Borman said at the end of a hearing during which FCA asked the judge to dismiss GM's lawsuit. Borman said instead, the companies need to focus on building cars and keeping people employed at a time when the coronavirus has hurt the U.S. economy and the country is also dealing with issues of racial injustice after the death of George Floyd, a Black man whose death in police custody in Minneapolis triggered worldwide protests. GM filed the racketeering lawsuit against FCA last November, alleging its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars. GM is seeking "substantial damages" that one analyst said could total at least $6 billion. Barra and Manley should meet, taking into account social distancing to keep them safe, to "explore and indeed reach a sensible resolution," Borman said in the hearing, which was broadcast online. It is common for judges to order parties to try to resolve disputes out of court. But it is unusual that the chief executives of two big companies be instructed to meet face-to-face, not just to settle their differences but also to serve a greater good. A GM spokesman said the No. 1 U.S. automaker has a strong case and "we look forward to constructive dialogue with FCA consistent with the courtÂ’s order.” FCA had no immediate comment. Borman said he wanted to hear from Barra and Manley personally at noon on July 1 to provide him with results from their discussion. FCA shares were up 6.1% at $10.24 in New York and GM shares were down 0.5% at $26.25 on Tuesday afternoon. Government/Legal Chrysler Fiat GM

FCA and iPhone maker plan Chinese electric vehicle joint venture

MILAN — Italian American automaker Fiat Chrysler and Taiwan's Hon Hai plan to set up a joint venture to manufacture electric vehicles and to engage in the business of wirelessly connected vehicles, Hon Hai said on Thursday. Fiat Chrysler (FCA) and Hon Hai are negotiating to set up a 50-50 joint venture, Hon Hai said in a statement. It added Hon Hai would hold its 50% share both directly and indirectly and that its direct shareholding would not exceed 40%. Hon Hai is the parent of Foxconn, the Chinese assembler of Apple iPhones. FCA last month reached a binding agreement for a $50 billion tie-up with France's PSA that will create the world's No. 4 carmaker. The joint venture with Hon Hai will produce vehicles for the Chinese market, but many details of the accord are still to be worked out, one source close to the matter said, adding that a final deal was expected to be signed in the coming months. Foxconn has been investing heavily in a variety of future transportation ventures for several years, including Didi Chuxing, the Chinese ride services giant, and Chinese electric vehicle startups Byton and Xpeng. Foxconn also has invested in Chinese battery giant CATL and a variety of other mostly Chinese transportation tech start-ups. FCA will launch its first full-electric model - the 500 small car - this year. Reporting by Giulio Piovaccari in Milan, additional reporting by Paul Lienert in Detroit. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

2023 Chrysler Pacifica gets a 'Road Tripper' package for spring

Chrysler, the car maker that helped to ignite the minivan craze more than four decades ago, will offer a 2023 Pacifica Road Tripper version to dress up a trio of their minivans next spring. Borrowing an adjective from a certain German brand, Chrysler has billed the Road Tripper as "the ultimate family travel vehicle.” The Road Trip package, which can be added to the Touring L and Pacifica Touring L Hybrid models, is mostly comprised of cosmetic features. It will cost from $1,495 to $2,395, depending on the model. Road Trippers will show off Luster Gray Road Tripper graphics, outlined in Brilliant Orange, on the front driver and passenger doors. The 20-inch wheels (18-inch wheels on the Hybrid) are also Luster Gray, as are the center caps, which carry a Brilliant Orange Chrysler wing badge logo. The package also includes semi-gloss Granite Crystal accents front and rear, as well as on door moldings, door handles and mirror caps. There's also a roof rack and all-weather floor mats. The optional Road Tripper package is to be available on gas-powered Pacifica Touring L and Pacifica Touring L Hybrid models, in a choice of three exterior colors: Bright White, Brilliant Black and Ceramic Gray. Ordering for the vans is scheduled to open in the first quarter of next year, with deliveries to dealers in the spring. The company says it had turned to social media to select a name for the package, with the final selection garnering the most votes in a poll on some social channels, including Instagram and Twitter. The idea, said Chris Feuell, Chrysler brand CEO, was to demonstrate “the Chrysler brandÂ’s commitment to customer collaboration moving forward.” Related video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. How to use the Stow 'N Go seats on the 2021 Chrysler Pacifica