Fiat Chrysler Automobiles
FCA withdraws its merger bid with Renault
In a rather surprising turn of events, Fiat Chrysler Automobiles (FCA) has officially withdrawn its merger proposal with French carmaker Renault. Had the landmark deal gone through, the 35 billion dollar merger would have led to the creation of the world's third-largest car manufacturer.
Mike Manley named CEO of Fiat Chrysler Automobiles
In a recent statement, Fiat Chrysler Automobiles (FCA) announced that Mike Manley will take over as the CEO of the company. The company said this move has been made because Sergio Marchionne is unable to resume his position as CEO due to health reasons.
Is Hyundai planning to take over Fiat Chrysler Automobiles?
Recent reports suggest that Hyundai is waiting it out for Fiat Chrysler Automobiles (FCA) shared price to go down before making the bid. Rumours of Fiat Chrysler Automobiles (FCA) being taken over have been in the market for a while now.
