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Fiat Chrysler chairman John Elkann, heir to the Fiat-founding Agnelli family and Fiat Chrysler’s biggest shareholder, will be the Stellantis chairman.
The International Trade Commission, in a decision released late Thursday, said Mahindra's Roxor off-road utility vehicle violated the "trade dress" of FCA's Jeep Wrangler SUV.
Prospective customers can book and own a Jeep online without having to physically visit a showroom, and will enjoy the convenience of a test drive and sanitised vehicle delivery at their doorstep, the company said in a statement.
The Italian-American automaker took the decision, effective from the end of September, to "better align production with global demand," it said in comments reported in local media on Thursday.
Depending on its scope and scale, the agreement could put pressure on the likes of Uber Technologies Inc and General Motors Co to speed up their efforts to start self-driving commercial ride-hailing services.
In May, the U.S. Justice Department sued Fiat Chrysler, accusing the company of illegally using software that led to excess emissions in nearly 104,000 U.S. diesel vehicles sold since 2014. It also faces numerous lawsuits from owners of those vehicles.
Ford self-driving test vehicles will be connected to Lyft’s network, but at first, customers will not be able to use them, Sherif Marakby, Ford’s vice president for autonomous vehicles and electrification, told Reuters. Ford will put human-driven vehicles on Lyft’s network.
The Justice Department filed a civil suit on Tuesday accusing Fiat Chrysler of illegally using software to bypass emission controls in 104,000 2014-2016 diesel and labeled the software "defeat devices."
The investment in the plant, Toyota's largest, comes amid uncertainty over US President Donald Trump's trade policies that could affect certain Japanese firms' capital expenditure plans.
Demand for cars, sport utility vehicles and pickup trucks in February dipped to an annualised pace of 17.6 million vehicles, compared with a robust 17.7 million a year earlier, according to Autodata Corp.
While the Wrangler is priced at Rs 71.59 lakh, the Grand Cherokee, which will be available in three variants, will be priced in between Rs 93.64 lakhs and Rs 1.12 crore (ex-showroom price, Delhi).
Fiat Chrysler Automobiles (FCA) has launched diesel variants of models -- Linea sedan, hatchback Punto EVO and crossover Avventura -- with more powerful engines, priced between Rs 6.81 lakh and Rs 10.47 lakh
The patent describes a layer of adhesive on a car's hood, front bumper and possibly front side panels sealed with a coating that, when broken, would bare a gluey surface akin to fly paper modified to catch humans.
Self-driving cars could hit roads within five years, the head of Fiat Chrysler Automobiles has said, days after the company announced an alliance with Google's parent company Alphabet.
The accord could set the framework for further discussions on safety reforms and mark a new era of cooperation between automakers and regulators after a record-setting year of safety fines, recalls and investigations into malfunctioning vehicles made by General Motors Co, Fiat Chrysler Automobiles NV, Honda Motor Co and others.
Ferrari, controlled by Fiat Chrysler Automobiles NV (FCA), pulled out all the stops to market itself to some of its cars' owners as well as Wall Street, and also limited the offering to a 9.1 percent stake in the company.
Analysts say the small number of shares on sale, Ferrari's strong brand and the exclusivity of a company that for years has capped car sales at about 7,000 a year will support the initial public offering (IPO).
The company has already announced to invest USD 280 million in the country in its manufacturing joint venture with Tata Motors to support production of Jeep model.
Maserati has set up its its independent marketing and sales office in Mumbai‘s Lower Parel area and operations are to kickstart in the next 2-3 months.
South Korea's largest automaker is forecasting sales of 465,000 cars in India this year, while maintaining exports at about 200,000 units, said Rakesh Srivastava, senior vice president, sales and marketing, Hyundai Motor India Limited.
