Fiat Chrysler
Ford to convert Canada plant to build EVs
Ford has announced an investment of $1.3 billion to retool its Canadian assembly plant in Oakville, Ontario to make electric vehicles and batteries for the North American market.
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Stellantis to move Doblo production to Spain
Stellantis Group, a major shareholder in Turkish carmaker Tofaş, has announced that the new Fiat Doblo will be produced in Spain.
Tofaş has been manufacturing Fiat Doblo since 2000 at its plant in the northwestern province of Bursa.
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Natural gas cuts to industrial zones end: Botaş
Turkey's Petroleum Pipeline Corporation (Botaş) announced yesterday that natural gas cuts to industrial zones would end as of this morning.
In a tweet, the national energy company thanked industrialists "for their understanding and cooperation in this period."
On Jan. 20, Iran halted natural gas flow into Turkey for 10 days due to technical failures on a key pipeline.
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Energy and industry ministers meet business world
Industry and Technology Minister Mustafa Varank and Energy and Natural Resources Minister Fatih Dönmez have met with industrialists at a consultation meeting on energy cuts.
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Fiat and Peugeot Have Confirmed that they Are Negotiating a Merger
Italian-American carmaker Fiat Chrysler confirmed this morning that it is negotiating a merger with the French car group PSA, which owns Peugeot, France Press and DPA reported.
4 Million Electric Cars from over 300 Models Will Be Available in Europe in 2025
Electric vehicles in Europe will increase dramatically in the coming years. 214 electric vehicle models will be available in the European markets in 2021, up from about 60 in 2018. It is expected that by 2025 there will be over 330 available electric vehicle models .
Fiat boss Sergio Marchionne dies aged 66
Fiat Chrysler's visionary boss Sergio Marchionne has died, after driving the Italian auto giant to success for 14 years, holding company Exor announced Wednesday.
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Fiat Workers Strike over Ronaldo Signing
Workers at a Fiat Chrysler plant in Italy are to strike after its main investor decided to pay €112m (£99.2m) to sign footballer Cristiano Ronaldo for Juventus.
Both the football club and the carmaker are controlled by the Agnelli family through their holding company.
For the USB union, the decision means Fiat is missing out on investment.
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Inflation Threat Deepens European Equity Sell-Off
European stocks suffered a sharp sell-off at the open on Monday, tracking big drops in Asia as growing inflation expectations and rising bond yields took their toll on equity markets, reported Reuters.
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General Motors Aims to Run Fleets of Self-Driving Taxis by 2019
General Motors aims to launch a public ride-sharing service across several cities that uses fully self-driving cars by 2019, potentially becoming the first traditional carmaker to deploy autonomous technology at scale in the real world.