Dec 14, 2019 09:05 AM IST
Under the terms of the draft MoU, PSA and Fiat Chrysler would each have five seats on the board of the merged entity.
- Mar 18, 2019 02:26 PM IST
While it retains its original shape and structure, it has undergone many updates and changes
- Jan 09, 2017 02:18 PM IST
Mercedes-Benz is expected to reach its goal of becoming the largest premium carmaker four years early - a feat achieved, ironically, only after it stopped chasing market share and focused on making stylish high-tech cars loved by consumers.
- Sep 30, 2015 08:21 AM IST
"Tesla has made great strides in raising the profile of OTA, making it appear somewhat sexy by showing how features could be added," said Strategy Analytics consultant Roger Lanctot. "They're almost poking the traditional carmakers in the eye by making it look so easy."
- Jul 30, 2015 05:39 PM IST
US automaker General Motors has lined up an investment of Rs 6,400 crore and plans to roll out 10 new models from its plant in Maharashtra, state's Chief Minister Devendra Fadnavis said on Thursday.
- Jul 25, 2015 02:58 PM IST
Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the US just days after two hackers detailed how they were able to take control of a Jeep Cherokee SUV over the Internet.
- Apr 16, 2015 02:25 PM IST
Mayur Uniquoters expects its exports to double over the next 3-4 years, Suresh Kumar Poddar, CMD and CEO of the company said in an interview to CNBC-TV18.
- Jul 31, 2013 08:35 AM IST
Delaware Court of Chancery Judge Donald Parsons stopped short of ordering VEBA, the United Auto Workers trust, to sell 54,154 Chrysler shares to Fiat for USD 139.7 million, as the Italian carmaker had sought in its lawsuit filed last year.
- Jul 04, 2013 01:57 PM IST
Five separate recalls include nearly 500,000 cars and SUVs for the active-restaint head rest issue, and another 282,000 minivans for possible malfunctioning air bags, Chrysler said.
- May 12, 2013 12:12 AM IST
Chrysler Group is recalling about 469,000 SUVs worldwide to update software after some vehicles' circuit boards were found to be transmitting signals that trigger inadvertent gear shifts to neutral, the No. 3 US automaker said.
- Jan 31, 2013 07:58 AM IST
Fiat Chief Executive Sergio Marchionne said the Italian automaker is open to an initial public offering of a stake in its US unit Chrysler, adding "the faster we do it, the better it is."
- Dec 06, 2012 04:47 PM IST
Italian carmaker Fiat, which is struggling with sluggish demand for its Punto and Linea cars in India, plans to shake up the operations here, with 9 new launches planned over next four years.
- Dec 03, 2012 02:19 PM IST
Chrysler, the US carmaker controlled by Italy's Fiat, was the first of the big three Detroit automakers to unveil strong November sales figures, boosted by economic optimism and replacements following superstorm Sandy.
- Apr 09, 2012 05:46 PM IST
Ford Motor Co is recalling 140,310 Focus cars from model year 2012 in the United States to repair a potential problem with the passenger-side windshield wiper motor, according to U.S. safety regulators.
- Feb 11, 2012 09:47 AM IST
It is now a known fact that the IPL is the child of controversy. Every year, since its started it has been the centre of ugly business and political wrangling.
- Jan 07, 2012 02:58 PM IST
It's a new year but we haven't forgotten our old muse- the Companies Bill, 2011 and we doggedly continue our analysis of teh new provisions in that Bill.
- Jul 30, 2011 09:17 AM IST
Several major auto makers on Friday embraced the Obama administration's proposal to push the industry further away from once-dominant gas guzzlers to more lean and efficient vehicles.
- Jul 22, 2011 08:26 AM IST
Italy's Fiat SpA bought the US and Canadian governments' stakes in Chrysler Group LLC, becoming the majority shareholder in the US automaker with the ability to appoint more board members.
- Jun 15, 2011 08:00 AM IST
A public share offering for Chrysler is the easiest option as of today, the chief executive of Fiat and Chrysler said, as the two companies draw operationally closer.
- Jun 03, 2011 08:55 AM IST
U.S. to sell remaining Chrysler stake to Fiat
- May 28, 2011 09:27 AM IST
Fiat SpA plans to exercise an option to buy the US Treasury's stake in Chrysler, which paves the way for the Italian automaker to clinch a majority share in the company by early next month.
- May 26, 2011 08:28 AM IST
The longer Italian carmaker Fiat SpA waits to add to its stake in Chrysler Group LLC, the more expensive the purchase will be, the chief executive of both companies said on Wednesday.
- May 25, 2011 08:11 AM IST
Chrysler Group LLC on Tuesday paid back USD 7.6 billion in US and Canadian government loans from its 2009 bailout, a move that allows the US automaker to distance itself from an unpopular bailout and deepen its ties with Italian automaker Fiat SpA.
- Apr 21, 2011 02:15 PM IST
Italian automaker Fiat SpA has agreed to pay USD 1.27 billion euros for another 16% stake in US peer Chrysler this quarter, the Italian automaker said on Thursday, in a deal that was faster and cheaper than expected.
- Apr 16, 2011 03:55 PM IST
Italy's Fiat SpA is looking to pay around USD 1.5 billion for an additional 16% stake in Chrysler, which it hopes to buy in the coming months, three sources familiar with the matter said.