MILAN/LONDON Top shareholders in merging carmakers Fiat Chrysler (FCA) and Peugeot maker PSA have moved to tighten their grip on the combined business and head off any potential hostile bidders.
MILAN, Nov 5 CNH Industrial said its
joint venture with U.S. Nikola would begin testing an
electric truck this quarter, as the Italian firm notched up
forecast beating results and raised earnings guidance on
MILAN Luxury automaker Ferrari expects 2020 earnings at the top of its previous guidance range after beating forecasts in the third quarter and as key new models such as the 430,000 (387,414.2 pounds) hybrid SF90 Stradale start to reach customers. | Video
BRUSSELS/MILAN Fiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world's No.4 carmaker, people close to the matter said, as they strive to meet the industry's dual challenges of funding cleaner vehicles and the global pandemic. | Video
MILAN/LONDON U.S. sales of high-margin pickup trucks and Jeeps hauled Fiat Chrysler back into the black in the third quarter following pandemic-related shutdowns, and the carmaker on Wednesday reinstated a profit forecast for 2020 that assumes no more disruption from a freshly resurgent COVID-19 outbreak.
BRUSSELS/MILAN Peugeot maker PSA has offered to boost Japanese rival Toyota to try to address EU antitrust concerns about its plan to create the world's fourth-biggest carmaker with Fiat Chrysler (FCA), people familiar with the matter said on Friday.
MILAN After more than a year on the skids, Maserati has taken the wraps off a new high performance sports car which parent Fiat Chrysler hopes will help turn the brand into the "crown jewel" of its merger with France's Peugeot .