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FCA and iPhone maker plan Chinese electric vehicle joint venture

Hon Hai parent Foxconn assembles iPhone

Italian American automaker Fiat Chrysler and Taiwan's Hon Hai plan to set up a joint venture to manufacture electric vehicles and to engage in the business of wirelessly connected vehicles, Hon Hai said on Thursday. Fiat Chrysler (FCA) and Hon Hai are negotiating to set up a 50-50 joint venture, Hon Hai said in a statement.

These are the best new car deals in America for January 2020

Save more than 25% off the price of this brand-new crossover

Whether you're in the market for a new car, crossover or sport utility vehicle, you'll find a good deal this month.

Is this 1983 Fiat Spider EV conversion worth Porsche 911 GTS money?

Would you prefer a classic car with an electric overhaul, or a modern sports coupe with all the bells and whistles?

Amazon is showcasing its big push into cars and transportation at CES

Rivian, GM and FCA are among the many partners

The Seattle retail and cloud services powerhouse plans to use the annual technology show in Las Vegas to unveil its plan to be a major player in self-driving vehicle technology, connected cars, electric vehicles and management of the torrents of data generated by automakers and drivers, company executives told Reuters. Amazon Web Services, which provides large-scale cloud computing and data management services, is central to Amazon's strategy. "We really are extending ourselves more and more o

Fiat Chrysler plans to speed up its product development

It comes amid plans to release 30 electrified models globally in five years

Almost 70 percent of FCA-PSA Groupe models to ride on two PSA platforms

Newer PSA platforms to modernize global B-, C-, and D-segment cars and crossovers

Here are all the vehicles sold by the 12 brands of the Fiat Chrysler PSA merger

You'll get a sense of just how massive the combined company will be

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Fiat Chrysler UAW corruption had roots in federal bailout of Chrysler

Prosecutors say FCA used its $12.5 billion bailout to buy influence from UAW leaders

Dongfeng and PSA extend Chinese joint venture

The announcement comes a day after Dongfeng promised to reduce its PSA stake to smooth FCA merger

BEIJING/PARIS (Reuters) - China's Dongfeng Motor Group and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker's merger with Fiat Chrysler Automobiles (FCA). Dongfeng said on Thursday it had agreed with PSA to extend the duration of their joint venture Dongfeng Peugeot Citroen Automobiles (DPCA).

FCA CEO Mike Manley will take undefined new role after PSA merger

Group Chairman John Elkann is 'delighted' the combined group will be led by PSA CEO Carlos Tavares

Fiat Chrysler Chief Executive Mike Manley will remain with the new group set to result from a planned merger with French rival PSA-Peugeot , Chairman John Elkann said on Wednesday. In a letter to Fiat Chrysler (FCA) employees on the day the two companies announced a binding agreement for a $50 billion tie-up to create the world's fourth-largest carmaker, Elkann said he was "delighted" that the combined group would be led by current PSA CEO Carlos Tavares. "And Mike Manley, w

FCA and PSA sign merger agreement

The combined entity will be the world's fourth-largest automaker

Fiat Chrysler and PSA boards sign off on merger

Expect an official announcement Wednesday

The board of French carmaker PSA , the owner of Peugeot, approved a binding agreement for a $50 billion merger with rival Fiat Chrysler , a source close to the matter said on Tuesday. A separate Fiat Chrysler (FCA) board meeting was under way to discuss finalising the memorandum of understanding to create the world's No. 4 carmaker, the source added, in a deal that would reshape the global car industry. Another source close to FCA had said earlier the two companies could form

Fiat Chrysler and Peugeot boards meet to finalize merger

The companies could sign a binding memorandum within days

MILAN/PARIS (Reuters) - The boards of Fiat Chrysler Automobiles NV and Peugeot SA will meet separately on Tuesday to discuss finalising an initial agreement for a $50 billion merger to create the world's number four carmaker, sources said. A source close to FCA said the two companies could announce the signing of a binding memorandum early on Wednesday, followed by a conference call to explain further details later in the day. Ahead of the meetings, entities representing th

Fiat Chrysler chief Mike Manley to head European auto lobby group ACEA

Manley will take over the role from PSA Chief Executive Carlos Tavares

The European carmakers' association (ACEA) has appointed Fiat Chrysler Chief Executive Mike Manley as its new president from January 2020, it said on Thursday. Manley will take over the role from PSA Chief Executive Carlos Tavares, who has served two one-year terms as ACEA President, the Brussels-based lobby group said in a statement.

Fiat Chrysler's UAW members ratify new four-year contract

And now on to the PSA merger

The United Auto Workers (UAW) union said on Wednesday that rank-and-file members at Fiat Chrysler Automobiles NV have voted in favor of a new four-year labor contract with the automaker, helping the Italian-American firm avoid a strike as it works to merge with France's Groupe PSA . Fiat Chrysler (FCA) and PSA, the maker of Peugeot and Citroen, in October announced a planned $50 billion merger to create the world's fourth-largest automaker. FCA's 47,200 rank-and-file UAW mem

Local UAW leaders recommend membership approve FCA contract

Higher profit-sharing and other details of the deal

Union leaders from Fiat Chrysler factories are sending a new four-year contract to a membership vote. The 47,000 members of the United Auto Workers union at the company will vote on the deal starting Friday. Local leaders assembled on Wednesday in Detroit to go over the pact, which includes a $9,000 bonus per worker upon ratification.

Fiat Chrysler and the UAW reach tentative labor deal

The agreement is subject to ratification by FCA's union members

Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France's Groupe PSA. Italian-American Fiat Chrysler and PSA, the maker of Peugeot and Citroen, last month announced a planned $50 billion merger to create the world's fourth-largest automaker. The tentative agreement with Fiat Chrysler, which is subject to ratification by the union members, follows c

Fiat Chrysler to recall 100,000 Ram ProMaster vans over engine fire risk

It's also recalling nearly 52,000 Fiat 500s over a shifter issue

How GM ended up suing its crosstown rival Fiat Chrysler

Questions and answers about this multi-billion-dollar case

Automakers sue each other on occasion, but no one in Detroit can remember one accusing another of bribing union officials to get an unfair labor cost advantage. The 95-page complaint could affect ongoing contract talks between the union and Fiat Chrysler, the lone automaker of Detroit’s big three that’s still in negotiations.

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