Chrysler files for stock market IPO
Fiat seeking to buy United Auto Workers' stake but auto giant set to join General Motors and Ford in being publicly tradedChrysler filed for an initial public offering on Monday, in a move that will...
View ArticleFiat reaches deal to buy remaining 41.5% of Chrysler shares
Italian car manufacturer agrees to pay $3.65bn to union trust fund for complete ownership of Michigan-based companyItalian car manufacturer Fiat announced on Wednesday that it has reached an agreement...
View ArticleDetroit auto show opens with air of optimism as new models unveiled
Ford, GM and Chrysler present new vehicles at NAIASAutomotive industry optimism not seen since recessionFollow Dominic Rushe for tweets from the showThe Detroit auto show opened Monday with...
View ArticleCar industry: what Australia could learn from state support around the world
State support has been key in rebuffing the global pressures – cheaper labour elsewhere, deteriorating consumer confidence, excess factory capacity – that have seen car plants shut all over the...
View ArticleDetroit: the bankrupt city turned corporate luxury brand
Makers of vodka, watches and luxury cars are promising to help Detroit in exchange for its grit, authenticity and brand potentialIt's Friday night in the heart of Detroit at the Red Bull House of Art,...
View ArticleLessons from Chrysler: how to rev up a purpose-driven corporate culture
When Chrysler CEO Sergio Marchionne joined the company, he saw its survival required radical surgery - and the creation of a speedy, risk-taking, purposeful cultureBob Kidder became chairman of...
View ArticleChina accuses Audi and Chrysler of monopoly practices
Mercedes-Benz also investigated as row over price of foreign cars and parts culminates with promise to ‘punish’ manufacturers The German luxury car maker Audi and Chrysler of the US have been accused...
View ArticleFerrari to be separated from parent company Fiat Chrysler
Shares in the luxury car company will be sold in public offering in bid to unlock value of distinctive brandFerrari is to be spun off into a separate company by parent Fiat Chrysler in a bid to unlock...
View ArticleIn Detroit, the auto show is a stronghold of capitalist splendour
The North American International Auto Show, which opens Saturday, brings together executives, journalists, cars, and a dance club atmosphere The North American International Auto Show, which opens to...
View ArticleMost cars are vulnerable to 'hacking or privacy intrusions' – report
A Senate-commissioned investigation details how an iPad can interfere with vehicle performance and be used to collect data such as driving historyForget crowbars – all a hacker needs to break into your...
View ArticleJeep owners urged to update their cars after hackers take remote control
Security bug allows remote attack of Uconnect system, letting hackers apply the brakes, kill the engine and take control of steering over the internetSecurity experts are urging owners of Fiat Chrysler...
View ArticleFerrari kickstarts split from Fiat Chrysler by filing for NYSE share listing
Luxury carmaker files for IPO on New York stock exchange as part of plan to become separate £7bn firm by early 2016Fiat Chrysler’s plan to spin off Ferrari as a separate business to fund future...
View ArticleFiat Chrysler recalls 1.4m vehicles in wake of Jeep hacking revelation
Recall includes Dodges, Jeeps, Rams and Chryslers with 8.4in touchscreensCompany said it will update software to provide protection from hacksFiat Chrysler announced the recall of about 1.4m cars and...
View ArticleFiat Chrysler faces $105m fine as US says automaker violated laws in recalls
Company will reportedly be required to buy back a group of recalled vehiclesGovernment to make official announcement about record fine on MondayThe US government will hit Fiat Chrysler with a record...
View ArticleFiat Chrysler recalls 8,000 more Jeeps over wireless hacking
Latest recall designed to protect connected vehicles from remote manipulation, says automobile companyFiat Chrysler Automobiles (FCA) has recalled a further 7,810 Jeeps affected by a widely reported...
View ArticleFiat Chrysler and auto workers' union reach tentative deal for 40,000 staff
After 48 hours of negotiations, the United Auto Workers and Fiat come up with a contract agreement that would make tiered wages ‘go away’The United Auto Workers union and Fiat Chrysler have reached a...
View ArticleUnited Auto Workers reject Fiat Chrysler contract by wide margin
Vote marks the first time in more than three decades that a tentative national labor contract has been rejected by the UAWContract negotiations between United Auto Workers union and US carmakers hit an...
View ArticleFiat Chrysler launches Ferrari sell-off
Carmaker starts process of selling off luxury sports car brand with 10% stake up for grabs on Wall StreetFiat Chrysler Automobiles has begun the process of selling a near-10% stake in luxury sports car...
View ArticleLee Iacocca, auto executive who helped create Ford Mustang, dies aged 94
American business icon dies of complications from Parkinson’s, his daughter tells Washington PostThe auto industry executive Lee Iacocca has died at age 94, his daughter Lia Iacocca Assad told the...
View ArticleLee Iacocca obituary
US motor industry leader who launched the Ford Mustang and turned around the fortunes of ChryslerAt the height of his career, Lee Iacocca, who has died aged 94, was one of the most powerful and...
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