Fiat Chrysler Proposes Merger with France’s Renault

  Fiat Chrysler proposed a 50-50 percent merger Monday with Renault, a union that would create the world’s third biggest automaker. The merger, if it happens, would vault the new company, with annual sales of 8.7 million vehicles, into a position ahead of General Motors and behind only Volkswagen and…

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Fiat Chrysler seeks up to $160 million in tax incentives from Michigan

by Tyler Arnold   Fiat Chrysler Automobiles (FCA) is applying for up to $160 million in tax incentives from the state of Michigan to help offset some of the costs of the company’s planned investment in Detroit. “We are excited to make a multi-billion-dollar investment that will create thousands of…

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