To begin with, Citroen has set up dealerships in 10 major cities in the country but given the pandemic situation, its focus is more on online sales. It has also launched 100% direct online buying for the C5 Aircross SUV which covers customers in over 50 Indian cities outside the dealer network

Car factories around the world are shutting assembly lines because of the chip shortages, which in some cases have been exacerbated by the former Trump administration's actions against Chinese chip companies

Stocks to watch today on January 18: HCL Tech, InterGlobe Aviation, SpiceJet, Vedanta, Wipro, DHFL, JBM Auto among others are the top stocks to watch out for in Monday's trading session

It took over a year for the Italian-American and French automakers to finalise the $52 billion deal, during which the global economy was upended by the COVID-19 pandemic

Jeep Compass SUV launch: Fiat Chrysler said production of the vehicle has already begun with dispatches to dealerships slated to start shortly

In the seven seater format, Tata Safari will compete with the likes of Mahindra XUV5OO and Chinese carmaker SAIC own upcoming Hector 7 seater model  

The iconic Jeep Wrangler and next generation Grand Cherokee flagship SUVs would be locally assembled at the company's Ranjangaon facility

There were no injuries since this incident took place when not many people were present on the site, besides security employees and maintenance workers

The investment will be made to locally manufacture a mid-size, three-row SUV, assemble the Jeep Wrangler and Jeep Cherokee vehicles in the country and launch a new version of its Jeep Compass SUV, FCA said in a statement

The companies said in separate statements that the decision was driven by changes in the global economy over the last 15 months, causing both to reassess their capital allocation priorities

The two carmakers are looking to the deal to help them tackle the industry's dual challenges of funding cleaner vehicles and the global pandemic

While Fiat has more than 48 R&D (research and development) centres across the world in over 40 nations, this will be its first such hub in India

As of November 23, Tesla's market value was recorded $494.66 billion. Whereas, the combined market value of one of the world's top-9 carmakers was recorded as $480.62 billion

Ford reported net income in the third quarter of $2.4 billion, or 60 cents a share, compared with $400 million, or 11 cents a share

The all-share merger announced late last year would unite brands such as Fiat, Jeep, Dodge, Ram and Maserati with the likes of Peugeot, Opel and DS - while targeting annual cost cuts of 5 billion euros ($6 billion) without closing factories

The U.S. Securities and Exchange Commission said from 2015 to 2019, BMW inflated reported U.S. retail sales, which helped BMW close the gap between actual retail sales volume and internal targets

After making GM more agile, Dhivya Suryadevara is set to steer financial services Startup stripe

The settlement includes an $875 million civil penalty levied under the Clean Air Act and $546 million to fix the polluting vehicles and offset excess emissions, court papers show

The pandemic has hit Fiat Chrysler, Ford and Daimler particularly hard at time when the traditional auto industry is ramping up spending on low-emission technologies ahead of stringent European anti-pollution rules

Talks are at a very early stage and no decision had been taken, Il Sole said, adding the that aim was to keep the 5.5 billion euro value of the special dividend but to turn its \"nature\" from cash to assets. FCA and PSA