Fiat Chrysler is in the process of merging with France’s PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both Fiat Chrysler and Peugeot have lagged in developing electric powertrains and also have been struggling to increase sales in China, the world’s biggest auto market.
It was unclear what impact Fiat Chrysler’s proposed joint venture with Foxconn, formally known as Hon Hai Precision Ind. Co., Ltd., would have on the wider merger, which is expected to be completed in the next year or so.
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AIRBUS-BOEING DEAL EASES US EU TENSIONS BUT CONFLICTS REMAIN
The deal the United States and the European Union reached this week to end their long-running rift over subsidies to Boeing and Airbus will suspend billions in punitive tariffs. It will ease trans-Atlantic tensions. And it will let the two sides focus on a common economic threat: China.
AMAZON ALLOTS $300 MILLION FOR HOUSING NEAR MASS TRANSIT
Amazon is providing $300 million in low-interest loans to support housing located near mass transit in the Washington, D.C., area and the Seattle and Nashville, Tennessee, regions.
CAN YOU MIX AND MATCH COVID-19 VACCINES?
Can you mix and match two-dose COVID-19 vaccines?
INTERNET OUTAGES BRIEFLY DISRUPT ACCESS TO WEBSITES, APPS
A wave of brief internet outages hit the websites and apps of dozens of financial institutions, airlines and other companies across the globe Thursday and Friday.
CASSILL TO BE PAID IN CRYPTOCURRENCY IN DEAL WITH VOYAGER
Landon Cassill will be the first NASCAR driver paid entirely in cryptocurrency in a sponsorship deal with Voyager that begins at Nashville Superspeedway this weekend.
THE SIGNIFICANCE OF CHINA'S NEW SPACE STATION
Adding a crew to China’s new orbiting space station is another major advance for the burgeoning space power.
HONG KONG WATCHING CHINESE NUCLEAR PLANT AFTER LEAK REPORTED
China’s government said Tuesday no abnormal radiation was detected outside a nuclear power plant near Hong Kong following a news report of a leak, while Hong Kong’s leader said her administration was closely watching the facility.
‘A SUMMER OF FREEDOM': VACCINE GIVES NEW MEANING TO JULY 4TH
President Joe Biden wants to imbue Independence Day with new meaning this year by encouraging nationwide celebrations to mark the country’s effective return to normalcy after 16 months of coronavirus pandemic disruption and more than 600,000 lives lost.
SELF-DRIVING CAR PIONEER WAYMO GETS $2.5B TO FUEL AMBITIONS
Waymo, the self-driving car pioneer spun off from Google, isn’t allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service.
LOUISIANA CREATES RULES FOR SELF-DRIVING DELIVERY DEVICES
Louisiana has created a framework for self-driving delivery robots to drop off packages on the state’s streets, under a bill backed by lawmakers and Gov. John Bel Edwards.
BIDEN TELLS EXECS US NEEDS TO INVEST, LEAD IN COMPUTER CHIPS
President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push for his $2.3 trillion infrastructure plan, telling them that the U.S. should be the world’s computer chip leader.
FOXCONN MULLS MAKING ELECTRIC VEHICLES AT WISCONSIN PLANT
Foxconn Technology Group, the world’s largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company’s chairman said this week.
TIM COOK'S $2.3 TRILLION FORTRESS
Trade war? Pfft. Trump? Please. Antitrust? Zuck’s problem. (Ditto privacy.) Revenue? Endless
RALLY CAR REVOLUTION
30 YEARS THAT REINVENTED THE SPORT OF RALLYING
midtown misses you
new york’s business district is half-empty. every other big city has a similar problem. developer aby rosen is still planning a bright post-pandemic future.
Reinventing Maserati. Again.
The first time I visited the Maserati factory on Viale Ciro Menotti in Modena, just a mile’s walk from the city’s 12th century cathedral, the plant was building Biturbo coupés.
What Is Cylinder Head Swirl and Tumble, and Why Is It Important?
We think of electronic engine management systems and multiport electronic fuel injection (EFI) as primarily responsible for the improved air/fuel distribution and performance as Detroit clawed its way back in the mid 1980s, but—good as they were for that day—initially the new electronics were just Band-Aids grafted onto carryover engine designs. The big change started in the 1990s, when the OEs started tinkering with cylinder head design to induce swirl and tumble in internal combustion engines.
Derrik Holmes Asks... How Does a Mopar Big-Block 505 Stroker's Larger Size and Better TFS Heads Affect the RPM Range and Overall Behavior of a Cam Originally Designed for a Standard 440 with Iron Heads?
In Mopar world, 505ci big-block stroker engines are among the most popular builds today, with seemingly boundless mild to wild combos available. You can build a 505 Chrysler for not much more than a 440, so it’s almost a no-brainer. Our late sister mag Mopar Muscle’s “Project 505” made 683 hp back in 2009 on this fairly high-end build.
A vision to hold onto
In the minutes before the second plane hit the World Trade Center on 9/11, we couldn’t have imagined an even more tragic scenario