Thu, 07 Nov 2024 22:16:03 GMT (1731017763569)
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5 years ago
Fiat Chrysler, Peugeot to create fourth-biggest carmakerFiat Chrysler and France's PSA Peugeot said Thursday they have agreed to merge to create the world's fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies. Italian-American...
5 years ago
Fiat Chrysler eyes Peugeot merger, seeking strength in sizeFiat Chrysler Automobiles said Wednesday it is in talks with French rival PSA Peugeot in its second bid this year to reshape the global auto industry at a time of heightened uncertainty for the sector. A merger would create the...
5 years ago
Renault ousts CEO to 'breathe new life' into Nissan allianceFrench carmaker Renault dismissed its CEO on Friday, an attempt to revitalize its alliance with Nissan, which was shaken by the jailing of the companies' previous chief, Carlos Ghosn. The board's decision to fire Thierry Bolloré effective immediately came days...
5 years ago
Nissan paying $15M, Ghosn $1M to settle US fraud chargesNissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by U. S. regulators that they hid more than $140 million of Ghosn's retirement benefits from investors. The Securities and Exchange Commission announced...
5 years ago
Renault chief confident partnership with Nissan on trackRenault Chairman Jean-Dominique Senard has expressed confidence that the French automaker's alliance with Nissan remains on track following the appointment of a new board at the Japanese firm in the wake of the scandal involving Carlos Ghosn, who chaired both...
5 years ago
Nissan governance steps, board win shareholders' approvalScandal-battered Nissan won its shareholders' approval Tuesday for a new system of committees to oversee governance and for keeping Chief Executive Hiroto Saikawa on its board. The Japanese automaker's profits and dividends have tumbled amid a high-profile scandal involving its...
5 years ago
Waymo teams up with Renault, Nissan on robotaxis outside USSAN FRANCISCO (AP) — Self-driving car pioneer Waymo is teaming up with automakers Renault and Nissan to make its first journey outside the U. S. with a ride-hailing service that will dispatch a fleet of robotaxis in France and Japan...
5 years ago
New auto giant? Fiat Chrysler wants to merge with RenaultFiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles. The merged company would reshape the global industry: it...
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