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Peugeot shareholders say yes to merger with Fiat Chrysler

The new company is called Stellantis and is the world's 4th-largest automaker. Enlarge (credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images) For the past few years, Fiat Chrysler Automobiles has been looking to get married. After.....»»

Category: topSource:  arstechnicaJan 4th, 2021

Exxon Mobil (XOM) Finds Upside With Pioneer Merger, Defying Oil Price Slump

Exxon Mobil (XOM) Finds Upside With Pioneer Merger, Defying Oil Price Slump.....»»

Category: gadgetSource:  yahooRelated NewsNov 4th, 2024

As Fiat stalls as part of Stellantis, Italy"s Turin struggles to stave off decline

Turin's Mirafiori plant — once the symbol of Fiat's might, employing about 60,000 — has shriveled to a shadow of its former self under Stellantis ownership......»»

Category: topSource:  autonewsRelated NewsOct 19th, 2024

Fiat aims big with social media campaign for its tiny EV

In a video called "You Say Tomato, We Say Pomodoro," Fiat contrasts the 6,800-pound Cybertruck with the 2,900-pound 500e......»»

Category: topSource:  autonewsRelated NewsOct 14th, 2024

Stellantis troubles pile up amid criticism from dealers, UAW, shareholders

Sales and earnings are down as the company wages a global cost-cutting crusade that has included layoffs, buyouts and engineering hires in low-cost countries......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Stellantis, Renault CEOs dismiss reports of merger

Stellantis CEO Carlos Tavares said a potential tie-up was 'speculation," while Renault CEO Luca de Meo said they were 'rumors." The French government holds a share in each company......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

Stellantis CEO Carlos Tavares says too soon to confirm 2025 dividend

Shares slid nearly 4 percent to their lowest since July 2022 as investors fret that soaring costs of reviving the automaker's U.S. business will threaten its generous payouts to shareholders......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

EEOC sues Stellantis dealership over sex discrimination allegations

Benson Enterprises' Ingram Park Chrysler-Jeep-Dodge-Jeep in San Antonio, allegedly subjected two female employees to unfair treatment and fired one in retaliation......»»

Category: topSource:  autonewsRelated NewsOct 2nd, 2024

DirecTV/Dish merger has a problem as debt holders object to $1.6 billion loss

Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

Dish creditors “revolt” over DirecTV merger, try to block loss-making deal

Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»

Category: topSource:  arstechnicaRelated NewsOct 2nd, 2024

Stellantis extends production halt for electric Fiat 500 on poor demand

Despite the temporary production halt in output, Stellantis reiterated plans to invest $111 million to build a high-performance battery variant of the Fiat 500e......»»

Category: topSource:  autonewsRelated NewsOct 1st, 2024

Nio secures $1.9 billion injection from parent, shareholders

A cash burn has triggered analysts’ concerns, and Nio, which has never been profitable, reported a 4.5 billion yuan second-quarter loss, though sales surged to 17.5 billion yuan......»»

Category: topSource:  autonewsRelated NewsSep 30th, 2024

Tails OS joins forces with Tor Project in merger

The organizations have worked closely together over the years. Enlarge (credit: The Tor Project) The Tor Project, the nonprofit that maintains software for the Tor anonymity network, is joining forces with Tails, the mak.....»»

Category: topSource:  theglobeandmailRelated NewsSep 27th, 2024

Stellantis reviews U.S. advertising accounts for Dodge, Ram, Chrysler, Alfa and Fiat

The review comes as the automaker is under dealer scrutiny as sales slump. The Jeep brand is not involved in the review......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Airbag deployment glitch prompts recall of nearly 17,500 Fiat vehicles

Fiat recalls 2017-20 124 Spider models to reprogram airbag control modules on behalf of Mazda......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Chrysler Voyager returns to U.S. retail lineup

The entry-level minivan comes stocked with comfort and tech features and goes on sale this year......»»

Category: topSource:  autonewsRelated NewsSep 25th, 2024

Shuttered Fiat Chrysler assembly plant in China fails to sell at auction for third time

The Changsha facility, once home to Jeep and Fiat output but shuttered since 2022, had already failed to attract any buyers at previous auctions in June and July......»»

Category: topSource:  autonewsRelated NewsSep 19th, 2024

Missouri auto salesman gets 1-year sentence after admitting to helping fraudster

A former car salesman at the Marty Cancila Chrysler Dodge Jeep Ram auto dealership in Florissant, Mo., was sentenced in August to a year and a day in prison after admitting to helping a fraudster buy and finance vehicles using other people's personal.....»»

Category: topSource:  autonewsRelated NewsSep 12th, 2024

Massive merger: Study reveals evidence for origin of supermassive black hole at galaxy"s center

The origins of aptly named supermassive black holes—which can weigh in at more than a million times the mass of the sun and reside in the center of most galaxies—remain one of the great mysteries of the cosmos......»»

Category: topSource:  physorgRelated NewsSep 6th, 2024

Warhammer 40K: Space Marine 2 is serious heavy-metal shooting and slashing

Strong first impressions of a game filled with enemy hordes and dark metal lore. Enlarge / There are different types of Space Marines. Some of them are traitors. All of them weigh as much as a Fiat 500. If you had given.....»»

Category: topSource:  arstechnicaRelated NewsSep 4th, 2024

Chrysler heir to Stellantis: Sell iconic brands to me

Walter P. Chrysler's great-grandson, in an open letter to Stellantis CEO Carlos Tavares, proposes a "graceful and profitable exit" for the Chrysler and Dodge brands......»»

Category: topSource:  autonewsRelated NewsAug 30th, 2024