Autoblog Minute

Faraday Future moves in on Tesla's Turf | Autoblog Minute

A recap of the week in automotive news for 4.15.16.

Senior Editor Greg Migliore reports on this edition of Autoblog Minute Weekly Recap.
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[00:00:00] Faraday Future is here. A company most people had never heard of until this year broke ground on a factory this week in Nevada with the state's governor and other luminaries on hand. Faraday wants to complete its factory in just two years, though a project of this size usually takes four years. The $1-billion factory will use solar, wind, and geothermal energy. Ultimately, Faraday wants to employ 4,500 people there over the next

[00:00:30] decade. Faraday says it will build its flagship car at this factory.

Fiat Chrysler CEO Sergio Marchionne said this week that Toyota, Ford, and Volkswagen are potential merger options for his automaker, according to Reuters. Now he told the wireservice, quote, "The door never closed. The need to consolidate does not go away." End quote. Now Marchionne has been vocal in his ideas to link Fiat Chrysler with a partner

[00:01:00] before he retires in 2018. He also reportedly would like to team up with tech giant Apple. Now Fiat Chrysler has been vocal in trying to find a partner because it's among the smaller global automakers and adding a partner could ensure its future.

General Motors this week issued a recall that affects over a million Silverado and Sierra 1500 pickups worldwide. General Motors' statement says the issue involves a steel cable that connects the seatbelts to the vehicle.

[00:01:30] Now over time and with repeated bending this part can fatigue and then separate. Dealers are charged with the fix, so if you own a 2014-2015 Silverado or Sierra 1500 be on the lookout for a message from GM. No word yet on when this communication will begin.

Those are the highlights from the week that was. Thanks for watching, we'll see you next week. For Autoblog I'm Greg Migliore.

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Autoblog Minute Logo Autoblog Minute is a short-form video news series reporting on all things automotive. Each segment offers a quick and clear picture of what's happening in the automotive industry from the perspective of Autoblog's expert editorial staff, auto executives, and industry professionals.

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