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Fiat Chrysler Australia scandal reaches UK company with ties to Clyde Campbell

2015-06-17 05:02:14| Automakers - Topix.net

Mercedes-Benz AG headquarters in Germany has confirmed its deals with Motortrak in the United States and Middle East are under review. The scandal at Fiat Chrysler Australia has now spread globally, with a number of the world's biggest car companies examining their contracts and relationships with Motortrak, a British-based website operator that had close ties to former Australian boss Clyde Campbell.

Tags: company australia campbell ties

 

Fiat Chrysler Australia scandal reaches UK company with ties to Clyde Campbell

2015-06-16 16:47:02| Steel - Topix.net

Mercedes-Benz AG headquarters in Germany has confirmed its deals with Motortrak in the United States and Middle East are under review. The scandal at Fiat Chrysler Australia has now spread globally, with a number of the world's biggest car companies examining their contracts and relationships with Motortrak, a British-based website operator that had close ties to former Australian boss Clyde Campbell.

Tags: company australia campbell ties

 
 

Fiat Chrysler CEO asks investors for help persuading GM to merge: WSJ

2015-06-09 04:48:51| Automakers - Topix.net

GM said in March had reached a deal with an investor group over its balance sheet and governance and said it would launch a $5 billion share buyback program in an effort to avert a proxy war with the investors. Marchionne has repeatedly called for shrinking the number of players in the global auto industry to help sustain the heavy investments needed to meet demands for cleaner, safer vehicles.

Tags: to ceo investors chrysler

 

Exclusive: Fiat Chrysler delays many future vehicle programs

2015-06-02 08:57:35| Automakers - Topix.net

Fiat Chrysler Automobiles in the past year has delayed the redesign or release of at least a dozen current or new vehicles in North America, according to suppliers familiar with the company's plans. The unusual number of delays could let the automaker defer billions of dollars in investment while searching for a partner.

Tags: future programs exclusive vehicle

 

Fiat Chrysler CEO approached GM about a merger, was rebuffed: NYT

2015-05-24 03:53:28| Automakers - Topix.net

As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday. Quoting two people with knowledge of the email, the Times said it detailed how global carmakers needed to consolidate to save money and suggested a merged GM and Fiat Chrysler would cut billions of dollars in costs and create an automotive giant.

Tags: was ceo nyt chrysler

 

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