GM’s strong quarter sparks hope Barra can eke out a 2020 profit despite virus
General Motors Co. and its peers have been battening down the hatches as adverse economic conditions slam the auto industry. But after Chief Executive Officer Mary Barra announced a bigger-than-expected first-quarter profit, some are speculating the carmaker could post positive earnings for the full ...
Fiat Chrysler could halt factory in Europe over supply shortages due to virus, says CEO
Fiat Chrysler Automobiles NV could halt production at one of its factories in Europe because of supply chain difficulties due to the new coronavirus outbreak in China, the firm's CEO has said. The prospective closure would be the first for a European car manufacturer. CEO Mike ...
Suzuki's Vitara and Fiat Chrysler's Jeep Grand Cherokee diesel models both violate emissions rules and must be fixed or face a ban on sales across Europe, the Dutch road authority RDW ruled on Thursday. Acting as the reference regulator for the European Union, the RDW ...
GM sues Fiat Chrysler, alleging union bribery scheme cost it billions
General Motors Co. on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV, alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars. GM also alleged that ...
Fiat Chrysler and PSA Group boards sign off on plan for $49 billion merger
The boards of French carmaker PSA Group and Italian American rival Fiat Chrysler Automobiles NV have approved a preliminary plan to merge, according to a joint statement, creating a combined automaker that would rank among the world's largest. Under the proposal, shareholders of each company ...
Fiat Chrysler and Peugeot owner PSA Group exploring potential merger
Fiat Chrysler Automobiles NV and French carmaker PSA Group are exploring a merger, in a potential deal that would reshape the global auto industry and create a European powerhouse to rival Volkswagen AG, people with knowledge of the matter said. The two companies are holding ...
Renault SA Chairman Jean-Dominique Senard said he would back a tie up with Fiat Chrysler Automobiles NV should another opportunity arise to get a deal. If the project with Fiat "were to come back under conditions that are acceptable for all, I would be delighted," ...
Nissan shareholders express concern over strained partnership with Renault
A number of stakeholders showed distrust toward Renault, as the two automakers have clashed over a proposed merger and Renault’s recent attempt to tie up with Fiat Chrysler.
Japanese government played hidden role in breakdown of Fiat-Renault deal
Concerned that a merger could harm Nissan Motor Co., the Japanese government played a role in the breakdown of talks between Renault SA and Fiat Chrysler Automobiles NV.
Renault and Nissan agree to explore driverless services partnership with Waymo in France and Japan
If the partnership is realized, it will have ramifications for other alliances and other self-driving projects, most of which have yet to hit the road.
Macron to discuss Renault and Nissan with Abe next week, French official says
French President Emmanuel Macron will discuss the situation regarding the alliance between carmakers Renault and Nissan with Prime Minister Shinzo Abe next week, an official at Macron's Elysee office said. "There will certainly be a discussion during the meeting with Prime Minister Abe about questions ...
Revival of Fiat-Renault deal hinges on Nissan's backing and France's role
As Fiat Chrysler Automobiles NV and Renault SA move on from their failed merger talks, a revival of discussions would depend on overcoming at least two major obstacles. Fiat blamed "political conditions in France" when it withdrew its proposal, and a signal from the French ...
