Fiat Chrysler shares jumped on Tuesday to the top of Europe's STOXX 600 after the president of Peugeot family holding company FFP told French daily Les Echos he would support a new deal and suggested Fiat Chrysler was among the options.
U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of the union's relations with Fiat Chrysler (FCA) of misusing funds for lavish purchases for himself and other union officials.
A former vice president at the United Auto Workers has been charged with conspiracy in a scheme with Fiat Chrysler to buy meals, golf and other perks with money from the automaker.
Fiat Chrysler Automobiles plans to idle its assembly plant in Windsor, Ont., for two weeks in the new year, according to the union representing workers there.
Fiat Chrysler Automobiles CEO Mike Manley clearly learned many lessons from his predecessor -- and even some the late Sergio Marchionne never intended to teach.
