FCA

Chinese autonomous vehicle startup AutoX, backed by Alibaba Group Holding Ltd, said it is preparing for tests in four more cities and will soon test its technology with FCA’S Pacifica minivan. The four-year-old firm is also in talks with…

Britain’s financial watchdog said on Monday it would extend payment holidays on credit cards, car finance, personal loans and pawned goods before tougher coronavirus restrictions come into effect this week. Britain announced a one-month…

Fiat Chrysler and PSA are set to win EU approval for their $38 billion merger to create the world’s No.4 carmaker, people close to the matter said, as they strive to meet the industry’s dual challenges of funding cleaner vehicles and the…

A ban from next January on car retailers receiving commission linked to the level of interest rates on loans will save customers 165 million pounds ($212 million) a year, Britain’s Financial Conduct Authority said on Tuesday. The FCA…

Fiat Chrysler (FCA) said the terms of its merger with France’s PSA had not changed after an Italian newspaper report that it was looking to spin off assets to reduce a planned 5.5 billion euro ($6.2 billion) cash pay-out to its…

Collapsing demand from rental car companies, corporations and government agencies has sapped U.S. auto sales during the coronavirus pandemic and a recovery will likely be slow, threatening auto workers whose jobs depend on fleet sales.…

OMOTAYO ARAOYE Stanbic IBTC Holding Plc, a member of Standard Bank Group, Monday has announced the Promotion of Demola Sogunle as its new Chief Executive, Stanbic IBTC Holdings Plc, and will continue to serve as a Non-Executive Director on…

Fiat Chrysler’s (FCHA.MI) decision to scrap its dividend marks another setback for plans by the Agnelli family’s Exor (EXOR.MI) arm to raise cash after a $9 billion sale of its reinsurer unit PartnerRe collapsed this week. Fiat Chrysler…

Peugeot boss Carlos Tavares said on Friday PSA and Fiat Chrysler (FCA) will need to review their strategy in China after the closing of the merger between the two groups. “We are in China to stay, we need to find a formula in order to…

Andrew Bailey, who is due to become Bank of England governor this month with Britain facing an economic hit from coronavirus, said financial support would probably have to be provided for companies struggling with the disruption caused by…