VENTURE CAPITAL POST

Fiat Chrysler, Google’s Waymo debut driverless minivans

Ferrari's timely return to the front row of the Formula One grid bodes well for the luxury sportscar maker as it prepares to list shares and split from parent Fiat Chrysler Automobiles. (FCHA.MI) (FCAU.N)

Fiat Chrysler Automobiles is recalling 702,578 SUVs and minivans to fix defective ignition switches that can unexpectedly turn off the engine, according to documents posted Friday by U.S. safety regulators.

Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles.

In a front overlap crash safety tests of four minivans sold in the United States, only the latest model of the Toyota Motor Corp Sienna scored well, the Insurance Institute for Highway Safety said on Thursday.

The U.S. auto safety regulator on Tuesday called on Japanese supplier Takata and five automakers to expand nationwide a regional recall of potentially deadly air bags, increasing pressure on the industry to act more swiftly in the growing scandal.

Takata Corp (7312.T) has modified the composition of an air bag propellant that contains a volatile chemical at the center of a recall of millions of cars worldwide, the company told Reuters.

Fiat Chrysler Automobiles (FCA) (FCAU.N) said on Wednesday it will spin off its luxury sports car maker Ferrari and list the shares as part of a bigger scheme which includes a $2.5 billion convertible bond issue to help fund its ambitious business plan.

U.S. safety regulators have opened an investigation of Chrysler Group's handling of two recalls for potential steering issues affecting nearly 1 million Dodge Ram pickup trucks in the United States.

Chrysler Group on Thursday announced two global recalls of more than 900,000 cars and SUVs combined for problems that could cause fires.

Italian car maker Fiat (FIA.MI) said on Tuesday the merger with its U.S. unit Chrysler will be effective as of Oct. 12 after all conditions for the tie-up to go through were met.

The safety recall in parts of the United States of millions of vehicles with potentially defective air bags made by Japan's Takata Corp (7312.T) may expand to include General Motors Co (GM.N), according to documents filed this week with U.S. regulators.

China's anti-monopoly regulator on Thursday announced its first-ever punishment of foreign carmakers for price-fixing, fining Volkswagen AG and Fiat's Chrysler a combined $46 million.

Fiat (FIA.MI) signaled its merger with U.S. affiliate Chrysler was on track on Friday as a tally of shareholders suggested most had chosen not to exercise an option that could derail the plan, a vital step in the Italian carmaker's turnaround efforts.

Tesla Motors quietly secured permits to modify a former Chrysler facility in California and is hiring 32 workers for the said facility, according to a Bloomberg report published last week.