Hints and tips:
...Last year alone Waymo struck deals to build driverless ride-hailing vehicles with Volvo, cargo vans with Fiat Chrysler, and articulated lorries with Daimler....
...Fiat Chrysler Automobiles said on Wednesday it has signed an “exclusive” deal to work with Google sibling Waymo on self-driving technology, ending its 18 month relationship with Amazon-backed Aurora....
...One “here we go again” to start: The owner of French carmaker Peugeot is in talks with rival Fiat Chrysler Automobiles about a deal to merge with the Italian-American group and create a company with shares...
...John Elkann, scion of Italy’s Agnelli family who controls Fiat Chrysler Automobiles, the carmaker behind Jeep and Alfa Romeo, is once again seeking a deal that would strengthen the group through an alliance...
...For Deutsche Bank and Commerzbank it was too complicated and Fiat Chrysler Automobiles got tired of delays at France’s Renault....
...Fiat Chrysler under-reported a “significant” amount of deaths, injuries and legal claims that it was obliged to reveal to regulators, the US’s car safety watchdog said....
...Listing Ferrari marks the latest step taken by Mr Marchionne to reduce the debt burden and fund a €48bn investment programme by Fiat Chrysler, which will reap the proceeds from the initial public offering...
...Ferrari’s win in the Formula One Grand Prix on Sunday was the one bright spot in an otherwise grim weekend for Fiat Chrysler Automobiles....
...Nevertheless, a glance at Chrysler’s Ram 2500 CNG-equipped pick-up truck illustrates one big challenge....
...However, Chrysler, smallest of the big three US carmakers, is offering only one vehicle with a CNG fuel option, while General Motors, largest by sales, is offering only a few models....
...News of the talks sent Peugeot’s shares soaring but analysts gave the putative tie-up mixed marks....
...Dan Akerson from GM was there, as were Ford Motor’s Alan Mulally and Sergio Marchionne of Fiat/Chrysler....
...“They need to deliver some earnings,” said Paul Newsome, an analyst with Sandler O’Neill Partners who rates AIG a “buy”....
...The US automobile industry was on the brink of collapse, felled by a perfect storm: first a leap in petrol prices, then the seizing-up of the financial system, followed by an evaporation of consumer confidence...
...The Supreme Court lifted the stay 24 hours later and Chrysler’s post-bankruptcy pact with Fiat went through on Wednesday....
...Bernstein Research argues putting two mid-sized European makers of small cars together has greater logic and synergies than a Fiat-Chrysler tie-up....
...Speaking at a prime time White House press conference to mark his first 100 days in office and just hours before the deadline for Chrysler’s merger talks with Fiat, Mr Obama said: “I am actually very hopeful...
...After trying unsuccessfully to orchestrate a merger of General Motors and Chrysler last year, he then did a deal with Italian carmaker Fiat in January....
...The discussion in Washington about facilitating the merger of Chrysler and General Motors highlights the turmoil plaguing the US automobile sector....
...The sale of Chrysler to private equity represents the disposal of one of the best-known US companies to the sector....
...But that is what DaimlerChrysler, the German-US carmaker, did on Wednesday as it dropped a hint that it might split from Chrysler....
...“Everybody is looking below the €4,000 mark, and this segment will be quite dynamic in the future,” says Giovanni de Filippis, managing director of Fiat India....
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