Fiat bets on electric '500' as it moves on from Renault

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook TURIN, Italy (Reuters) – Fiat Chrysler (FCA) plans to invest 700 million euros ($788 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday, as […]

France seeks to fend off blame for FCA-Renault deal collapse

PARIS/MILAN (Reuters) – France was battling to defend its business strategy on Thursday after being blamed for scuppering a $35 billion-plus merger between carmakers Fiat Chrysler (FCA) and Renault only 10 days after the plan was officially announced. Shares in Italian-American FCA and France‚Äôs Renault fell sharply in early trade after FCA pulled out of […]