22 Articles
Jul 31, 2019 Report
Fiat Chrysler's profit boosted by Ram and Jeep in North America

CEO Mike Manley says FCA is still open to a partnerships and mergers

MILAN/DETROIT (Reuters) - Automaker Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics

Reuters
Jul 31, 2019 Featured
Amazon’s auto ambitions: Taking a look under the hood

Virtually everything short of building a car

Amazon.com Inc is expanding its transportation prowess to do virtually everything short of building a car. While Amazon founder and CEO Jeff Bezos has said little publicly about the company's ambitions in the sector, the strategy is aimed at leveraging Amazon's strengths in logistics, cloud computing and digital services together with new interests in related fields from robotics to manufacturing, according to more than two dozen people, including Amazon executives and industry executives famil

Reuters
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