Tag: Worldwide Car News

NEWS – Automakers seek new revenue streams from wireless services, upgrades

NEWS – Automakers seek new revenue streams from wireless services, upgrades

By Nick Gibbs, ANE      The dashboard, once the place where drivers checked their speed or changed the radio station, is fast becoming the car’s most valuable real estate, as automakers seek to generate new revenue through wirelessly delivered services, features and upgrades. The upgrades can include everything from in-dash apps up to software […]

May 19, 2020 More
NEWS – Fiat Chrysler confirms talks for $6.8B state-backed loan to weather virus crisis

NEWS – Fiat Chrysler confirms talks for $6.8B state-backed loan to weather virus crisis

MILAN — Fiat Chrysler Automobiles confirmed that it is in talks to obtain an Italian state-backed credit line of as much as 6.3 billion euros ($6.8 billion) to buttress the automaker’s finances after the coronavirus caused a steep downturn. In a statement on Saturday, the company said talks were ongoing with lender Intesa Sanpaolo for a three-year […]

May 18, 2020 More
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