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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

Fiat Chrysler investing $204 million in Poland plant

Fiat Chrysler said new hybrid and electric Jeep, Fiat and Alfa Romeo models would be built in Tychy. The company wants to start production of the first of three new models for the group's brands in the second half of 2022......»»

Category: topSource:  autonewsRelated NewsDec 29th, 2020

Fiat Chrysler investing $2.45 billion in Poland plant

Fiat Chrysler said new hybrid and electric Jeep, Fiat and Alfa Romeo models would be built in Tychy. The company wants to start production of the first of three new models for the group's brands in the second half of 2022......»»

Category: topSource:  autonewsRelated NewsDec 29th, 2020

Laster lands long-term orders for headlight controllers from top-3 US carmakers

Laster Tech, through its largest China-based client Huayu Vision Technology (Shanghai), has obtained long-term orders for automotive headlight controllers from General Motors, Ford Motor and Fiat Chrysler Automobiles, and will begin highly-automated.....»»

Category: itSource:  digitimesRelated NewsDec 24th, 2020

In blow to Jeep, Mahindra gets clearance to sell new Roxors

After barring the sale of older models, the International Trade Commission said the redesigned post-2020 Roxor model did not violate the "trade dress" of Fiat Chrysler's Jeep Wrangler SUV......»»

Category: topSource:  autonewsRelated NewsDec 23rd, 2020

IAC plans to spin off Vimeo as an independent company

IAC announced today that it plans to turn Vimeo into an independent, publicly traded company. Last month, IAC CEO Joey Levin wrote a letter to shareholders in which he said the holding company had “begun contemplating spinning Vimeo off to our.....»»

Category: topSource:  techcrunchRelated NewsDec 22nd, 2020

Lidar startup Ouster reaches deal to go public with $1.9B value

The deal values San Francisco-based Ouster at around $1.9 billion and makes it the fifth lidar manufacturer this year to agree to a SPAC merger, following Velodyne Lidar Inc, Luminar, Innoviz and Aeva......»»

Category: topSource:  autonewsRelated NewsDec 22nd, 2020

Fiat Chrysler, PSA win EU antitrust approval for merger

The European Commission said the companies' pledge to continue to build vans for Toyota and to open up their repair network to rivals eliminated concerns about the combined automaker's outsized share in the light commercial vehicle market......»»

Category: topSource:  autonewsRelated NewsDec 21st, 2020

Elon Musk Tweeted About a Bitcoin Rival. It Soared 20%

"Bitcoin is almost as bs as fiat money," Elon Musk tweeted on Sunday, and then followed it up with another tweet. "One Word: Doge." "The tweet sent shares of Dogecoin up nearly 20% and landed it on the list of trending Twitter topics," reports CNN......»»

Category: topSource:  slashdotRelated NewsDec 21st, 2020

Manley gives U.S. dealers a voice in merged company

With another merger about to be finalized, dealers are glad the company will keep FCA's CEO, who previously ran Jeep and Ram, on board as head of Americas......»»

Category: topSource:  autonewsRelated NewsDec 21st, 2020

FCA"s Manley to head Stellantis American operations

Mike Manley was a key figure in driving forward the FCA-PSA merger, working with PSA CEO Carlos Tavares since late 2018......»»

Category: topSource:  autonewsRelated NewsDec 18th, 2020

Fiat Chrysler, PSA push to complete merger by end of January, report says

European antitrust approval is expected by the end of the year, and if that timeline slips, the companies still expect to hold meetings Jan. 4 to get sign-off from shareholders, Bloomberg reported......»»

Category: topSource:  autonewsRelated NewsDec 18th, 2020

Lydia raises another $86 million to build a European financial super app

French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now r.....»»

Category: topSource:  techcrunchRelated NewsDec 17th, 2020

Lydia raises another $86 million to build European financial super app

French fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020 — Tencent led that investment. The startup is now r.....»»

Category: gadgetSource:  techcrunchRelated NewsDec 17th, 2020

Fiat Chrysler to spend $150M setting up global tech center in India

The company says one of the center's key objectives will be digitalizing "every aspect" of its automotive operations globally......»»

Category: topSource:  autonewsRelated NewsDec 16th, 2020