Business, Technology, Equipment, Fuel

Iveco Sale Talks End With China FAW as Italy Opposes

The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco SpA truck and bus unit to China FAW Group Co. after the Italian government signaled it would oppose the deal.

Tommaso Ebhardt | Bloomberg News
April 19, 2021
Business

Fiat Chrysler CEO Mike Manley ‘100% Sure’ Carmaker Can Survive Tech Disruption

Fiat Chrysler Automobiles NV is a “house of brands,” and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing from the rise of electric and self-driving cars, according to CEO Mike Manley.

Tommaso Ebhardt | Bloomberg News
April 29, 2019
Business

Fiat Chrysler Quarterly Profit Rises on Ram, Jeep Demand

Fiat Chrysler Automobiles reported profit that missed analysts’ estimates as costs for recalling faulty vehicles blunted the benefits from a stronger dollar and sales of Ram pickups and Jeep SUVs in the U.S.

Mark Clothier | Bloomberg News
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Tommaso Ebhardt | Bloomberg News
January 28, 2015