Fiat Chrysler is expected to face a $105M penalty for its allegedly inadequate response to 23 recalls, sources told the Financial Times.» Read More
Fiat Chrysler reported a sharp fall in net profit as a better performance from its luxury brands failed to offset weakness in Latin America.
European shares closed lower on Thursday, as investors shunned riskier assets due to a resurgence in concerns about Russia and sanctioning.
European officials have demanded that Luxembourg hand over documents relating to Amazon's tax affairs.
With the smartphone battle spilling into the driver's seat, Apple has signed up nine more manufacturers for CarPlay, Re/code reports.
IHS Automotive said Jeep is winning over more buyers from other brands and also holding on to a higher percentage of its current buyers.
For the second year in a row, buyers of new cars and trucks reported more problems with their vehicles.
U.S. safety regulators said they have opened two investigations into Chrysler vehicles involving possibly faulty ignition switches.
Japanese airbag maker Takata's safety crisis deepened after Toyota recalled more vehicles in Japan and Takata warned more fixes may come.
The European Commission has opened three in-depth investigations into tax decisions affecting Apple, Starbucks and Fiat Finance and Trade.
As Ford CEO Alan Mulally prepares to retire on July 1, he looks forward to growth of the automobile company as a global brand.
European shares closed lower on Wednesday after the release of business activity data for the euro zone showed a small downtick for last month.
Carmaker Fiat is boosting sales of its luxury Maserati brand by adding a new, lower-priced, mid-sized Maserati to its lineup.
Fiat Chrysler Automobiles CEO Sergio Marchionne has a request for potential buyers of the automaker's Fiat 500 e electric car: Don't buy it.
Fiat Chrysler's results are the latest indication the automaker has transitioned into a company on the cusp of major growth.
European markets closed mixed on Wednesday on reports that Russian President Vladimir Putin was willing to discuss the Ukraine crisis.
After the tech sector's brutal selloff and this year's strong run for utility and healthcare stocks, investors are now eyeing a shift into "cyclical" names.
Chrysler is recalling thousands of SUVs in order to fix a brake problem. Complaints were filled about excessive brake-pedal firmness.
The Jeep Renegade is the anchor of an aggressive plan to take the brand global.
The risk of economic sanctions against Russia poses risk to Western companies. The most vulnerable include consumer brands.
US car sales for February fell over last year, but beat expectations. Carmakers offered big rewards to those willing to brave the storms.