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Italy: FCA starts trading in Milan with shares up 2.7%


The world’s seventh-largest automaker, recently merged Fiat Chrysler Automobiles, had strong debut in Europe when shares of the new company became available for the first time on Monday on the Milan bourse. The first day of trading in the home country of parent Fiat SpA has been auspicious for the carmaker that aims to increase its prowess through globalization: FCA NV ...
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FCA could see massive share trading after initial listing
According to a forecast made by Reuters, the recently merged Fiat Chrysler Automobiles could trade in shares worth almost $830 million after starting New York trading on Monday, to secure ...
Fiat Chrysler Automobiles to become official on October 12
With all conditions for the merger finally met, Fiat SpA announced it would be incorporated together with its wholly-owned subsidiary Chrysler Group LLC into the Dutch-registered FCA this Sunday. After first ...
CEO Marchionne confident on FCA’s New York listing
Fiat Chrysler Automobiles is nearing its historic listing on the New York Stock Exchange and the chief executive of the newly merged group is confident the shares would mostly trade ...
Cadillac brand to relocate its headquarters to New York
General Motors, the No. 1 US automaker, has announced its Cadillac luxury brand decided to open a new headquarters in New York in 2015 in a move to reshape the ...
US: GM ignition switch lawsuits begin discovery procedures
Some of the numerous cases filed against General Motors have been approved to start discovery – which means plaintiffs and their lawyers can request documents to the company in relation ...
Toyota Urban Utility Concept unveiled
The Japanese based automaker Toyota has officially pulled the wraps off the Urban Utility Concept, which will be officially introduced at the World Maker Faire event, this weekend. Toyota’s newest creation ...
Take a look at New York’s rain deluge and its impact on motorists
On Wednesday, massive rainfalls hit the New York area and other parts, even disrupting production of cars at the plants operated by the Detroit three. Fortunately the torrent has not lasted ...
First BMW i8 spotted in New York
The first unit of the BMW i8 has been recently spotted out while cruising the streets of New York. BMW has officially announced the starting price of the impressive i8 across ...
GM gets huge lawsuit related to the ignition switch debacle
General Motors, which acknowledged that a 2.6 million cars recall issued in February was at least a decade late, has now been served a lawsuit that consolidates into one single ...

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