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Fiat Chrysler's profit boosted by Ram and Jeep in North America

CEO Mike Manley says FCA is still open to a partnerships and mergers

MILAN/DETROIT (Reuters) - Automaker Fiat Chrysler took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry slowdown. Chief Executive Mike Manley, in FCA's first earnings release since a failed attempt to merge with France's Renault, also left the door open to that or other deals. FCA last month abandoned its $35 billion merger offer for Renault, blaming French politics

Official
Ferrari and FCA are officially separated

Ferrari has officially split off from former parent company Fiat Chrysler, with most of its shares distributed to FCA's shareholders, some staying in the family, and the rest being traded on stock markets in New York and Milan.

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