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Fiat, PSA stick to merger deal after dividend cut report

Fiat Chrysler (FCA) and PSA said on Friday they were sticking to the merger plan signed last year after a newspaper said the carmakers were looking at spinning off assets to cut a planned 5.5 billion euro (4.96 billion pounds) cash payout to FCA shareholders.

Nissan's China sales grew 4.5% in June

Japanese automaker Nissan Motor said on Friday its sales in China grew 4.5% in June from a year earlier to 136,929 vehicles, as the world's biggest auto market recovered from its coronavirus low.

Italy new car sales fall 23% in June

New car registrations in Italy fell for the sixth consecutive month in June, declining 23.13% from the previous year, the transport ministry said on Wednesday.

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