FCA challenges Italy tax agency concerning the value of U.S. business

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles (FCA) has challenged a claim by Italy’s tax officials over the valuing of its U.S. Chrysler business that could leave it with an unwanted tax bill just days prior to an expected key merger agreement with Peugeot owner PSA. On Wednesday, a source knowledgeable with the matter stated the Italian tax agency […]

UAW members recommend approval of Fiat Chrysler labor deal

United Automobile Workers (UAW)

Union members of United Auto Workers from Fiat Chrysler Automobiles NV’s U.S. plants on Wednesday recommended authorization of a tentative labor agreement that would permit the Italian-American automaker to prevent a strike as it collaborates to merge with France’s Groupe PSA. Fiat Chrysler (FCA) and PSA, the innovator of Peugeot and Citroen, in October declared […]

Hadi Zablit promoted to general secretary of Renault, Nissan alliance

Hadi Zablit

Renault, Nissan Motor and Mitsubishi Motors on Wednesday stated they had promoted Hadi Zablit to general secretary of their automaking alliance to speed up the business efficiencies throughout the companies. Zablit, senior vice president of business development at the alliance, takes up the recently created position on Monday and will concentrate on maximizing the contribution […]

Volkswagen headquarters has been raided again over diesel scandal

Volkswagen logo

German public prosecutors raided the Wolfsburg headquarters of Volkswagen in the latest investigation into the automaker’s diesel emissions scandal on Tuesday. Prosecutors stated investigators intended to confiscate documents. Volkswagen, which admitted in 2015 to cheating U.S. emissions tests on diesel engines, said it was absolutely cooperating with the authorities, but consider the investigation as unfounded. […]

British Volkswagen drivers launch ‘dieselgate’ case in Court

Volkswagen logo

Tens of thousands of British drivers on Monday alleged Volkswagen of fitting devices to cheat clean air laws at the beginning of the country’s biggest class-action lawsuit brought to deal with “dieselgate”. VW was caught using unlawful software to cheat pollution tests in 2015, resulting in a global backlash against diesel and numerous court cases […]

Nissan, Renault, Mitsubishi agree to form new venture for R&D

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

The Nissan Motor, Renault and Mitsubishi Motors alliance has agreed to establish a new company focused on research and development of advanced automotive technologies, Kyodo News stated. The three companies will declare a solid plan in January, Kyodo reported on Sunday, citing people knowledgeable about the matter. The new venture also aims to strengthen the […]

Daimler could face further recalls because of diesel cheating in Germany

Daimler

German automaker Daimler could deal with more recalls associated with manipulated diesel engines in some of its compact car models, weekly magazine Der Spiegel reported on Friday, without mentioning sources. Germany’s transportation regulator KBA is presently investigating suspicious software utilized in some diesel engines which Daimler purchased from another automaker, the report said, adding that […]