Fiat Chrysler CEO says there are no plans to sell brands to Chinese

CEO Sergio Marchionne

Fiat Chrysler Automobiles (FCA) has no intention of separating the company or selling individual brands China or others, the company’s CEO stated on Monday, including that the group was depending on its desired Jeep brand to drive future revenues. “We’re not going to separate anything,” CEO Sergio Marchionne stated at a news conference at the […]

China green vehicle subsidy authorizations slow following scandal

China green vehicles

China on Wednesday issued its 2nd list for 2017 of green energy vehicles qualified for subsidies, with the number of approvals slowing amid more stringent oversight following a cheating scandal. The newest list from the Ministry of Industry and Information Technology takes the overall number of battery electric and hybrid vehicles qualified for subsidies this […]