Automakers post big losses during COVID-impacted quarterDerek Fung 2020 has been a difficult year for everyone, and the world's carmakers are no exception. Here's a breakdown of how the big brands fared in the first half. Comments
Fiat Chrysler posts $1.7 billion lossDerek Fung Coronavirus-related closures around the world have seen Fiat Chrysler record a large loss during the previous quarter.Comments
Europe delays Stellantis merger decisionWilliam Stopford European Union antitrust regulators have suspended their probe into the merger of FCA and PSA, but that doesn’t mean the probe is over and the merger is approved.Comments
Fiat Chrysler developing self-driving van with WaymoDerek Fung The two companies will now integrate Waymo's self-driving technology into the Ram ProMaster van for automated delivery services.Comments
Stellantis: PSA and FCA merger gets a nameWilliam Stopford FCPSA? PSFCA? Nope! FCA and PSA have ended months of speculation and announced their new post-merger moniker: Stellantis.Comments
Which utes and vans are eligible for the full $150,000 Instant Asset Write-Off?Paul Maric In an attempt to stimulate the economy, the federal government has increased the Instant Asset Write-Off scheme to $150,000. Which utes and vans are eligible?Comments
Fiat secures $10.3 billion government loanWilliam Stopford Fiat Chrysler Automobiles has secured government support for its Italian arm, which has been hit hard by COVID-19.Comments
PSA-FCA merger could be delayed due to EU investigation - reportDerek Fung The merger of the PSA Group and Fiat Chrysler could be delayed by several months due to antitrust concerns raised by the European Commission.Comments
Fiat Chrysler seeking $10.3 billion government loan guarantee - reportDerek Fung Fiat Chrysler is seeking a large loan backed by the Italian government to help it ride out the tough times caused by COVID-19.Comments
Regulators raise antitrust concerns about FCA-PSA merger - reportWilliam Stopford FCA and PSA’s combined strength in the van market has European Union antitrust regulators concerned about the planned merger.Comments
EU to rule on PSA-FCA merger by mid-JuneDerek Fung Will the EU approve the merger of the PSA Group and Fiat Chrysler? We'll find out by the middle of June when its competition commission makes its ruling.Comments
Fiat Chrysler posts $2.86b Q1 loss, braces for tough Q2Scott Collie Fiat Chrysler has announced its results for the first quarter of 2020, and put financial guidance for the rest of the year on hold. Comments
