Fiat Chrysler Automobiles investors today approved the spinoff of its supercar unit Ferrari — part of CEO Sergio Marchionne’s plan to raise cash and reduce debt at the group. Shareholders voted about 98 percent in favor of the separation, in which Fiat Chrysler will distribute the remaining 80 percent stake in Ferrari to its own […]
Fiat Chrysler Automobiles NV CEO Sergio Marchionne has canceled his Tuesday appearance at the International Motor Show in Frankfurt, Germany, to focus on contract negotiations with the United Auto Workers, the company said Monday. The union’s contract with Detroit’s three automakers expires at midnight Monday. Sunday afternoon, the UAW chose FCA as the lead company […]
Dodge provided eight Chargers, including a Hellcat, for a Hot Wheels promotion with Uber today in New York that coincides with the toy car maker’s release of Star Wars: The Force Awakens merchandise. Uber users can ride in the Star Wars First Order Stormtrooper Chargers for free by using the code HOTWHEELSFF. The Chargers take […]
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