White House to look at deal between Peugeot and Fiat Chrysler

Images of Peugeot Foodtruck concept

U.S. President Donald Trump’s administration will take a look at the planned merger between Fiat Chrysler and Peugeot owner PSA, White House economic adviser Larry Kudlow stated on Friday. The deal declared on Thursday, would create the fourth-largest automaker in the world. “We will obviously look at it very, very carefully,” Kudlow stated on Bloomberg. […]

GAC respects merger plan between Fiat and PSA

Guangzhou Auto Show

Fiat Chrysler’s Chinese partner Guangzhou Automobile Group (GAC) stated it respected the firm’s decision to merge with Peugeot parent company PSA and would look to deepen its collaboration with the automaker. A spokeswoman made the comments to Reuters through text message on Thursday, following FCA and PSA statement that they would join forces through a […]

Italian government following talks of FCA and Peugeot

PSA Peugeot

The Italian government is following talks between Fiat Chrysler and French automaker PSA over a possible tie-up, Industry Minister Stefano Patuanelli stated on Wednesday. Patuanelli informed reporters he could not discuss enough about the matter since a possible merger of the two was “a market operation”. The two automakers said on Wednesday they were holding […]

GM, Fiat Chrysler and Toyota thanked by Trump on California emissions fight

Donald Trump

U.S. President Donald Trump has thanked General Motors, Toyota Motor, Fiat Chrysler Automobiles and other significant automakers for “standing with” his efforts to block California from setting its own vehicle emissions regulations for cars and trucks. “California has treated the Auto Industry very poorly for many years, harming Workers and Consumers,” Trump tweeted. The automakers’ […]

GM, Toyota, Fiat Chrysler support Trump on California emissions challenge

Donald Trump

Significant automakers are siding with the Trump administration in its bid to bar California from setting its own fuel efficiency rules or zero-emission requirements for vehicles, the companies stated in a filing with a U.S. appeals court late on Monday. The move by companies such as General Motors, Toyota Motor, Hyundai Motor, and Fiat Chrysler […]

Fiat Chrysler recalls 108,000 diesel Ram 1500 pickup trucks

Fiat Chrysler Automobiles (FCA)

Fiat Chrysler Automobiles NV stated on Friday it is recalling 108,000 Ram 1500 diesel-powered pickup trucks in the United States because of coolant leaks tied to reports of some fires and four small injuries. The automaker stated the recall concerns trucks from the 2014 through 2019 model years after discovering microscopic cracks in some Exhaust […]

France is looking for a ‘reasonably favorably’ on Renault/Fiat deal

Renault and Fiat logo

The French government is looking “reasonably favorably” on a proposed merger deal between Italian automaker Fiat and French peer Renault, stated government spokeswoman Sibeth Ndiaye on Monday. “It’s a project that we are looking on in a reasonably favorable light,” Ndiaye informed BFM TV. “Of course we have to look at the conditions under that […]

Government of Italy might ask for symmetry with Paris in FCA-Renault merger

Fiat Chrysler Automobiles (FCA)

Italian government is going to defend national interest in the FCA- Renault merger and might look for a stake in the new international automaker to match French state holdings, a major League ruling party lawmaker said on Monday. Fiat Chrysler has made a “transformative merger” proposal to Renault, the Italian automaker stated, in a deal […]

Judge authorizes Fiat Chrysler diesel emissions settlement in the US

Fiat Chrysler Automobiles (FCA)

A federal judge in San Francisco on Friday authorized a $307.5 million civil settlement for about 100,000 U.S. owners of Fiat Chrysler diesel vehicles that the government stated had illegal software that enabled them to emit excess emissions. Under the settlement authorized by Judge Edward Chen, about 100,000 owners and lessees of Ram 1500 and […]