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Fiat Chrysler Automobiles to join BMW, Intel and Mobileye in developing autonomous driving platform

August 18, 2017 by Canadian Underwriter

BMW Group, Intel and Mobileye (an Intel company) announced earlier this week that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a “world-leading,

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Canadian auto sales set record in May, gain 11.2% compared with a year ago

June 2, 2017 The Canadian Press

RICHMOND HILL, Ont. – DesRosiers Automotive Consultants says Canadian auto sales set a monthly record in May, gaining 11.2 per cent year-over-year. The consulting firm says vehicle sales for the month totalled 216,861 including 75,172 cars and 141,689 light trucks,

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Ontario Securities Commission, U.K. regulator sign co-operation agreement on fintech businesses

February 23, 2017 by Canadian Underwriter

The Ontario Securities Commission (OSC) and the United Kingdom’s Financial Conduct Authority (FCA) have signed a new agreement under which fintech businesses in both jurisdictions will be able to seek support from their financial regulators as they look to operate

News InsuranceLegalLegislation / RegulationMergers and AqcuisitionsTechnology

Fiat Chrysler Automobiles receives notice of violation for alleged failure to disclose software that increases air pollution from vehicles

January 13, 2017 by Canadian Underwriter

The U.S. Environmental Protection Agency (EPA) announced on Thursday that it has issued a notice of violation to Fiat Chrysler Automobiles N.V. and FCA US LLC (collectively FCA) for allegedly failing to disclose software that increases air pollution from vehicles.

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In first-of-its kind collaboration, Google to integrate self-driving technology into 2017 Chrysler minivan

May 6, 2016 by Canadian Underwriter

For the first time, Google has announced that it will work directly with an automaker to integrate its self-driving system, including sensors and software, into a passenger vehicle. Earlier this week, Google said that it will integrate its self-driving technology