French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger, informed sources said on Sunday. Renault and FCA are likely to unveil the move “within hours, perhaps tomorrow (Monday), before the (Paris) bourse opens,” one of the sources told AFP on condition of anonymity, adding an eventual “merger” was on the agenda. The same source added a statement would cover “the […]
Tag: Fiat
Fiat Chrysler to pay $650 mn over software misuse: report
NEW YORK, United States (AFP) — Fiat Chrysler has agreed to pay nearly $650 million to resolve litigation over its use of illegal engine-control software on diesel vehicles that produced false results in emissions tests, The New York Times reported Wednesday. The automaker will pay $305 million in penalties to the federal government and California, which also brought suit, the NYT said, citing two unidentified sources who were briefed on the issue. It said the […]
China rises at Frankfurt, Germany car show
by Estelle Peard Agence France-Presse FRANKFURT am Main, Germany (AFP) — Traditional heavyweights Fiat, Peugeot and Volvo may have shunned this year’s Frankfurt auto show (IAA) or Internationale Automobil Ausstellung, but for Chinese and Taiwanese carmakers looking to make inroads in Europe the chance to step into the limelight was not to be missed. Two years after becoming a surprise hit at the last IAA with an electric sedan concept car to rival Tesla’s Model […]
Germany accuses Fiat of car emissions cheating
FRANKFURT, Germany (AFP) – The German government has accused Fiat-Chrysler of incorporating emissions cheating technology into some vehicles, in a letter to the European Commission seen by AFP on Thursday. “From our point of view, evidence has been provided of the use of an illegal defeat device” in some diesel-powered Fiat-Chrysler vehicles, the letter from the German transport ministry reads. Germany launched an investigation into emissions cheating earlier this year after Volkswagen’s September 2015 admission […]
Fiat waiting to investigate car in death of ‘Star Trek’ star
CHELSEA, United States (AFP)–A Fiat Chrysler executive said Thursday said the automaker plans its own investigation into the role of a Jeep Grand Cherokee in the death of Star Trek actor Anton Yelchin. Yelchin died instantly on Sunday after his 2015 Grand Cherokee rolled backwards and pinned him against a concrete mail box outside his Los Angeles home, according to police. Fiat Chrysler had announced a recall of the car and others in April after […]





