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Fiat Chrysler in Talks to Merge With France's Renault Fiat Chrysler Automobiles NV (FCA) is in talks to merge with the French carmaker Renault SA (RNO.PA) in a deal that would create one of the world’s largest carmakers. The two companies have been in talks for weeks and are now close to finalizing a deal that could be announced as soon as Monday, according to people familiar with the matter. The deal would create a company with annual sales of more than $190 billion and could give the combined company a stronger foothold in Europe and other markets. The merger talks are part of a larger trend of consolidation in the auto industry as companies look to cut costs and invest in new technologies.
Fiat holds 10.1% of the Turkish market in May vs. 8.6% at home in Italy New light vehicle sales in Turkiye advance 7.4% year-on-year in May to 107,730 units. This is the second best May volume below the 111,356 of May 2023. The year-to-date tally however is at record pace, up 3.7% to 489,366, eclips
BYD sales are up 168.7% year-year in May. New car sales in Uruguay lift by a robust 9.8% year-on-year in May to 5,265 units. This means the year-to-date tally is now up 9.9% to 25,824. Fiat (-7%) remains in first place in the brands ranking despite enduring the only YoY loss in the Top 5. Renault (+
To celebrate its 70th anniversary, Fiat and Abarth will support the iconic 1955 Fiat 600, which will participate in the 1000 Miglia race with an all-female crew, paying tribute to the genius of Dante Giacosa
A Fiat Chrysler crankshaft and camshaft sensor investigation has been closed by the National Highway Traffic Safety Administration which opened the probe in July 2022. The investigation focused on a December 2016 recall of Jeep Compass, Dodge Journey and Jeep Patriot vehicles.