Fiat Chrysler Automobiles (FCA) said in a statement it "confirms there are ongoing discussions aimed at creating one of the world's leading mobility groups" with PSA.
PARIS/FRANKFURT: Frankfurt’s vast car show, which opens next week, is already getting the attention of the wrong kind - for its impressive list of no-shows. Besides the glaring absence of Tesla and its electric Model 3, the roster of big names staying away has grown this year to include such venerable brands as Nissan, Peugeot, Fiat, Volvo, Jeep, Mitsubishi, and Infiniti. The uncertain fortunes of the traditional car show mirror those of an industry in flux, its incumbents threatened by emissions regulation, tech…
DUBAI: The French car-maker Peugeot would pay compensation to Iran according to a new contract signed with Tehran last month, for the losses inflicted through its sudden withdrawal from the Iranian market during the sanctions, Iran's minister of trade and industry said on Saturday.
PARIS: New car sales in Europe rose by nearly six percent in 2014, ending a long slump in activity that began in 2007, but analysts warn the sector has not yet turned the corner in the region.