A few days after Elon Musk unveiled Tesla’s new Cybertruck, he posted a video of the truck taking part in a tug of war with a Ford F-150, which showed the electric Cybertruck easily overpowering the Ford pickup. But after accusations that the competition was unfair, Musk has agreed to a re-match, saying he’ll aim… Continue reading Elon Musk promises Cybertruck vs. Ford F-150 rematch after controversy
Tag: FCA
@GM: General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles
General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles Admissions Revealed in Multi-Year Justice Department Investigation Form Basis of Complaint 2019-11-20 DETROIT — General Motors Co. (NYSE: GM) today announced the filing of a federal racketeering lawsuit against FCA (FCA US LLC and Fiat Chrysler Automobiles NV) and former FCA executives who have pled guilty… Continue reading @GM: General Motors Files RICO Lawsuit Against Fiat Chrysler Automobiles
UPDATE 1-Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN/PARIS (Reuters) – Fiat Chrysler (FCHA.MI) and Peugeot-owner PSA (PEUP.PA) told their employees they would sign a binding merger agreement in coming weeks. In two separate communications through internal channels,… Continue reading UPDATE 1-Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
MILAN/PARIS, Nov 26 (Reuters) – Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a binding merger agreement in coming weeks. In two separate communications through internal channels, obtained by Reuters on Tuesday, the two groups told employees that more than 50 people were involved in the process. (Reporting by Giulio Piovaccari in… Continue reading Fiat Chrysler, PSA tell employees they will sign merger agreement in coming weeks
Fiat Chrysler is shopping for EV tech from damaged startups like Faraday Future
In October, Fiat Chrysler CEO Mike Manley told investors that he’s open to making cars powered by other companies’ electric vehicle technology. But Fiat Chrysler (FCA), which owns brands like Jeep and Dodge, is doing more than just considering the idea. The Verge has learned the automaker is in talks with at least two distressed… Continue reading Fiat Chrysler is shopping for EV tech from damaged startups like Faraday Future
@Ferrari: Ferrari N.V.: periodic report on the buyback program
Maranello (Italy), 25 November 2019 – Ferrari N.V. (NYSE/MTA: RACE) (“Ferrari” or the “Company”) announces that under the third tranche of the common share buyback program announced on 14 November 2019 (“Third Tranche”), the Company has purchased additional common shares – reported in aggregate form, on a daily basis – on the Italian Stock Exchange… Continue reading @Ferrari: Ferrari N.V.: periodic report on the buyback program
Fiat Chrysler has started 90% of planned investments in Italy: executive
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Fiat Chrysler (FCHA.MI) has already started 90% of the investments earmarked for Italy, the auto maker’s Chief Operating Officer for the EMEA region Pietro Gorlier said on… Continue reading Fiat Chrysler has started 90% of planned investments in Italy: executive
Fiat Chrysler racketeering suit a ‘distraction’ from PSA, UAW talks
General Motors Co.’s racketeering lawsuit against Fiat Chrysler Automobiles NV is a distraction for the Italian-American automaker in the middle of negotiations for a labor contract with the United Auto Workers union and for a merger with French automaker Groupe PSA, experts say. GM alleges Fiat Chrysler’s late-CEO Sergio Marchionne orchestrated a multimillion-dollar conspiracy, including bribes, that corrupted three… Continue reading Fiat Chrysler racketeering suit a ‘distraction’ from PSA, UAW talks
FCA and UAW negotiators must be transparent in light of GM lawsuit
CLOSE Former UAW President Gary Jones shakes hands with FCA North America Chief Operating Officer Mark Stewart at the FCA headquarters in Auburn Hills as the leadership teams from both sides began contract negotiations this summer. Jones has resigned in the midst of the federal corruption probe, and General Motors claims FCA has corrupted contract… Continue reading FCA and UAW negotiators must be transparent in light of GM lawsuit
PSA still aiming to sign MoU with FCA in December: source
FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of dealerships of the companies in Saint-Nazaire, France, November 8, 2019. REUTERS/Stephane Mahe/File Photo PARIS (Reuters) – French carmaker PSA (PEUP.PA) remains focused on its merger talks with Fiat Chrysler Automobiles (FCA) (FCHA.MI) and is still aiming to sign a memorandum… Continue reading PSA still aiming to sign MoU with FCA in December: source