Tag: FCA

UPDATE 1-Fiat Chrysler sales chief files whistleblower suit over SEC probe

WASHINGTON (Reuters) – Fiat Chrysler Automobiles’ U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to withhold 90% of his 2018 compensation because he has cooperated with a probe by the U.S. Securities and Exchange Commission, court documents filed on Wednesday show. FILE PHOTO: The logo of Fiat carmaker is pictured… Continue reading UPDATE 1-Fiat Chrysler sales chief files whistleblower suit over SEC probe

Fiat Chrysler sales chief files whistleblower suit over SEC probe

FILE PHOTO: The logo of Fiat carmaker is pictured at a dealership in Orvault near Nantes, France, June 3, 2019. REUTERS/Stephane Mahe WASHINGTON (Reuters) – Fiat Chrysler Automobiles’ U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to withhold 90% of his 2018 compensation because he has cooperated with a probe… Continue reading Fiat Chrysler sales chief files whistleblower suit over SEC probe

FCA, France reach tentative agreement on Renault merger -sources

FILE PHOTO: The logos of Renault and Fiat carmakers are seen in Nice, France, June 3, 2019. REUTERS/Eric Gaillard PARIS/MILAN (Reuters) – Fiat Chrysler has reached a tentative agreement with France on the terms of its proposed merger with Renault, two sources told Reuters, as the French carmaker’s board met to consider the bid late… Continue reading FCA, France reach tentative agreement on Renault merger -sources

M5S: “Fca-Reanault, Italy is the protagonist of negotiations to protect our interests”

The Turin M5S deputy in the Labor Commission Jessica Costanzo and the M5S council groups in the Turin and Piedmont Region intervene on the French government’s statements regarding the merger of FCA and Renault. “Serious the claim attributed to the French Ministry that would claim the headquarters in Paris and extraordinary dividends – the 5-star… Continue reading M5S: “Fca-Reanault, Italy is the protagonist of negotiations to protect our interests”

Rosso (Fdi): “Polo of luxury in Turin, Fca-Renault can be an advantage”

“The Piedmont Region and the Municipality of Turin can and must take immediate action to ensure that the Fca-Renault merger becomes a job opportunity for our territory, avoiding any risk of job loss”. Roberto Rosso, newly elected regional councilor of Brothers of Italy, believes that “if in Turin we succeed in truly establishing the pole… Continue reading Rosso (Fdi): “Polo of luxury in Turin, Fca-Renault can be an advantage”

Fusion project with Fiat worries Renault unions

Between opposition and circumspection. For the past ten days, the Losange unions have also been working on the surprise proposal made by Fiat Chrysler Automobiles (FCA) for a big “equals” marriage with Renault. And their early work has not resulted for the moment on a massive enthusiasm, to say the least. The CGT has already… Continue reading Fusion project with Fiat worries Renault unions

Doubting millions spent with a daughter in the Netherlands: Ghosn affair at Renault – France reimbursed

Behrouz Mehri / AFP Carlos Ghosn: Now he faces the threat in the Netherlands too France has announced legal action in the affair surrounding former Renault top manager Carlos Ghosn. It will be reported, confirmed the French Minister of Economy Bruno Le Maire on Wednesday the TV station BFMTV. If the state is a company… Continue reading Doubting millions spent with a daughter in the Netherlands: Ghosn affair at Renault – France reimbursed

Cooperation agreed: BMW and Jaguar jointly develop an electric motor

BMW and Jaguar Land Rover have a cooperation for the development and production of electric cars agreed. As a result, could be shared costs and economies of scale by higher quantities in production and purchasing can be achieved, said BMW on Wednesday. The goal is also to accelerate development and bring new vehicles faster to… Continue reading Cooperation agreed: BMW and Jaguar jointly develop an electric motor