FCA

Stellantis, LG Energy to build battery factory in new joint venture

Stellantis, the automaker formed through a merger with Fiat Chrysler Automobiles and Groupe PSA, has reached a preliminary deal with LG Energy Solution to produce battery cells and modules in North Am

Google tightens UK policy on financial ads after watchdog pressure over scams

The U.K.’s more expansive, post-Brexit role in digital regulation continues to be felt today via a policy change by Google, which has announced that it will, in the near future, only run ads for

Fintech startup ClearGlass Analytics closes $3.6M for pension funds transparency platform

Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6 million) funding round for its platform, which aims to create greater transparency on fees in the long-term savings market, such a

The Station: Winners and losers in Paris, Rivian sets a delivery date, Waymo and FCA deepen ties

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox.  Hello and welcome back to The Stat

Fiat Chrysler and AV startup Voyage partner on self-driving minivans

Self-driving vehicle startup Voyage said Monday that it has inked a deal with Fiat Chrysler to supply purpose-built vehicles, a partnership that will help accelerate its plan to launch a fully driverl

Stocks rise after mixed day, with tech leading and SaaS outperforming

The wild ride that has been U.S. stock market over the past couple of weeks may be settling down — at least for the moment — from the whiplash-like swings that helped set global markets on edge.

Tesla orders factory workers to come to work in spite of shelter in place directive

Tesla will continue to keep its Fremont, Calif., factory open for production, because it has had “conflicting guidance from different levels of government” over whether it could operate du

GM, Ford, FCA to close all factories, AP reports

Update: Ford is closing its North American factories. Detroit’s big three automakers are to shut down all factories due to fears over the coronavirus. This comes by way of the Associated Press c

GM, Ford, Fiat Chrysler join UAW to form coronavirus task force

The Big 3 Detroit automakers — GM, Ford, and Fiat Chrysler Automobiles — have partnered with United Auto Workers to form a task force aimed at protecting workers and limiting the spread of COVID-1

AutoX and Fiat Chrysler are teaming up on a robotaxi for China

Autonomous vehicle startup AutoX, which is backed by Alibaba, said Tuesday that it is partnering with Fiat Chrysler to roll out a fleet of robotaxis for China and other countries in Asia. A fleet of C

The Fiat Chrysler-Renault merger is dead over suboptimal ‘political conditions’

A proposed merger between Fiat Chrysler-Renault, which would have created the third largest global automaker, is off. Fiat Chrysler Automobiles withdrew its offer, The Wall Street Journal reported. FC

BMW and Jaguar Land Rover team up on next-generation electric drive tech

BMW Group and Jaguar Land Rover have agreed to partner on the development of future electric vehicles, the latest in a string of collaborations between automakers to bring advanced, and often expensiv

GM and Fiat Chrysler are buying Tesla’s regulatory credits

One of the more opaque segments of Tesla’s business just became a little more transparent. Recent  filings show that GM and Fiat Chrysler have bought zero-emissions vehicle credits from Tesla,

Fiat Chrysler proposes 50-50 merger with Renault

Fiat Chrysler Automobiles has proposed merging its business with Renault that, if accepted, would create the third largest global automaker with 8.7 million in annual vehicle sales. FCA delivered Mond

Fiat Chrysler-Renault tie up: What the maker of Jeep could gain

Fiat Chrysler Automobiles and Renault are in talks that could result in merging vast swaths of their businesses, a move that illustrates the growing desire among automakers to consolidate in an enviro

Capital.com powers Currency.com’s ‘world first’ in tokenising government bonds

With the SEC recently releasing its long-awaited guidance on crypto token issuers, it’s becoming clear that the crypto world is edging closer to the traditional financial world. New players are

Equifax hack being probed by UK’s financial watchdog

The fallout from the massive Equifax hack, publicly disclosed last month, continues: Today the UK's financial watchdog said it also wants to get to the bottom of what happened.   

U.K. Confirms Payday Loans Caps Coming In January

Strict new price caps will come into force in the U.K.'s payday loans market in January, sector regulator the Financial Conduct Authority (FCA) has confirmed, affecting any U.K. businesses that offer

Wonga Writes Off 330,000 Debts To People It Should Never Have Lent Money To

Payday loans startup Wonga has agreed to entirely write off the debts of 330,000 customers after the UK regulator found its affordability checks were inadequate.