Hyundai's CEO wants to launch the bid before Sergio Marchionne retires.
Partnership might sell autonomous Chrysler Pacificas to the public.
Spoiler: the Chrysler 200 didn't make it.
Investors demand it of outgoing CEO: 'FCA is way behind rivals.'
Fiat Chrysler Chief Executive Officer Sergio Marchionne reprimanded the company's top U.S. spokesman for issuing press releases about Fiat's vehicle emissions practices days after Volkswagen's disclosure in September 2015 that the German automaker had used illegal software to evade emissions tests, documents released Monday show.
Fiat Chrysler Automobiles reduced its debt by more than expected in the first quarter, putting the carmaker well on course to become cash positive later this year.
Ferrari is readjusting its electric car timeline. Earlier, the company's chairman Sergio Marchionne had said that an electric Ferrari would be part of its 2018-2022 strategy, but now it seems that the advent of the full-electric era is being pushed into the future.
Fiat Chrysler said on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and distributing shares in a new holding for the 99-year old parts business to FCA investors.
The Georgia State Supreme Court on Thursday unanimously upheld a $40 million award to the family of a 4-year-old boy killed in 2012 when the 1999 Jeep Grand Cherokee in which he was riding was rear-ended and burst into flames.
Marchionne: An SUV would be for "the selected few," and only Ferrari can build a true EV supercar.
Commercial service is scheduled to begin in Phoenix this year and expand from there.
"There's a very strong likelihood that we will outperform Ford in terms of operating earnings in 2018."
Sergio Marchionne says Ferrari will both build its first electric supercar and debut its first ever SUV, with the latter arriving sometime in either 2019 or 2020.
Marchionne is especially interested in "the development of transmissions and hydrogen."
Ram and Alfa were bright spots.