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. […]

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 […]

Fiat Chrysler picks Google, Samsung for globally connected car system

Fiat Chrysler Automobiles (FCA)

Fiat Chrysler stated on Tuesday it will use technology from Alphabet Inc’s Google and Samsung to connect all its automobiles by 2022, giving music and video and facilitating future car-sharing and self-driving capabilities. Fiat Chrysler Automobiles NV (FCA) will utilize Google’s Android operating system worldwide in place of a mixture of software that differs by […]

Fiat Chrysler to pay $110 million to settle American investor suit

Fiat Chrysler Automobiles NV has accepted to pay $110 million to settle a lawsuit accusing it misled U.S. investors over excess diesel emissions and failed to adhere with federal safety regulations, court records reveal. The company stated on Monday it “continues to vigorously deny the allegations of wrongdoing made in this lawsuit” and stated the […]

Fiat Chrysler to spend $4.5 billion in Michigan for new Jeep SUV models

2018 Jeep Wrangler

Fiat Chrysler Automobiles NV stated on Tuesday it will spend $4.5 billion in five plants to construct new models of Jeeps to rival in the lucrative market for full-size, three-row SUVs presently dominated by competitors General Motors and Ford Motor. At the same time, the automaker stated it was slashing the third shift at its […]

Regulators received ‘wake-up call’ over fuel rules, says Fiat Chrysler

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles NV stated that U.S. regulators have got a “wake-up call” from automakers regarding the hurdles they face in trying to meet increasing Obama-era fuel-efficiency standards. In day two of a three-day public hearing regarding the Trump administration’s proposal to freeze fuel-efficiency standards at 2020 levels through 2026, automakers prompted regulators to continue […]