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.
DETROIT: General Motors Co Chief Executive Officer Mary Barra, who last year became the first woman to lead a major U.S. automaker, received $16.2 million in 2014 compensation, up 78 percent from her predecessor's total the previous year.
WASHINGTON: The U.S. highway safety regulator, NHTSA, expanded its warning on Tuesday about faulty airbags made by Japanese auto-part maker Takata to 6.1 million vehicles in the United States.
Chrysler Group LLC (FIA.MI) said it would recall almost 900,000 sport utility vehicles (SUVs) to fix the wiring for vanity mirror lights to prevent any potential short circuits.