Topic

Fiat Chrysler

Honda, Nissan move to closer tie-up as competition intensifies, source says

Published 18 Dec, 2024 08:18am

TOKYO: Honda and Nissan,are moving towards a closer tie-up with talks of setting up a holding company, a source...

Stellantis won’t race to split electric vehicles from fossil fuel cars

Published 06 May, 2022 05:03am

MILAN: Stellantis is not considering splitting its electric vehicle (EV) business from its legacy combustion engine...

Carmaker Stellantis shrugs off Covid to lift sales in Q1

Published 05 May, 2021 11:38am

That shortfall amounted to 190,000 units or 11 percent of planned production in the quarter.

US indicts two more Fiat Chrysler managers in diesel emissions probe

Published 20 Apr, 2021 07:55pm

The company, which is now known as Stellantis NV, in January 2019 agreed to an $800 million settlement to resolve civil claims that it used illegal software which produced false results on diesel-emissions tests in more than 100,000 vehicles. The Justice Department's criminal investigation into the company is pending.

Stellantis may delay Alfa Romeo Tonale SUV production to 2022

Published 08 Apr, 2021 06:28pm

Ferdinando Uliano said FIM CISL was asking the company to meet its target to start (Tonale's) production by the end of this year.
"We want to be on the market with the most updated electrified offer, leveraging on the Stellantis technology and know-how. Our teams in Pomigliano are strongly working to update the production line," it said.

Fiat Chrysler Canada auto sales rise 4pc in first quarter

Published 02 Apr, 2021 12:12am

The carmaker said it had sold 46,077 vehicles, up from 44,140 a year earlier.

Stellantis to add Peugeot 308, Opel Astra to electrified range this year

Published 30 Mar, 2021 09:54pm

As part of its plan, Stellantis has said it would increase the number of hybrid or fully electric vehicles to 40 models by the end of this year from 29 now.
Stellantis plans to have fully-electric or hybrid versions of all of its vehicles available in Europe by 2025, broadly in line with plans rivals such as Volkswagen and Renault-Nissan.

Chip shortage hits 5 Stellantis plants in North America

Updated 28 Mar, 2021 10:55am

NEW YORK: Stellantis will suspend production at five North American auto manufacturing plants due to the global...

Toyota, Fiat Chrysler drop support for Trump effort to bar California emissions rules

Updated 02 Feb, 2021 07:36pm

The automakers said they were aligned "with the Biden administration's goals to achieve year-over-year improvements in fuel economy standards."
Nissan Motor Co in December withdrew from the challenge after GM's decision in November shocked the industry and won praise from Biden.

$15.7bn Apple tax judgment: EU claims court errors in bid to overturn

Published 02 Feb, 2021 04:29am

BRUSSELS: EU antitrust enforcers have claimed a court made legal errors when it scrapped their order for iPhone ...

Fiat Chrysler to plead guilty, pay $30mn to resolve US criminal labor probe

Published 28 Jan, 2021 12:27pm

At its peak in 1979, the union had a membership of some 1.5 million.

Stellantis' Tavares launches charm offensive with Italian unions

Published 22 Jan, 2021 04:20pm

The world's fourth-biggest carmaker was officially created on Saturday from the merger of Fiat Chrysler (FCA) and Peugeot-maker PSA.
Marco Lomio of the UILM union in the Basilicata region, where Melfi is located, said Tavares took time to listen to and answer all questions.

Carmaker Stellantis shares star in European debut

Published 18 Jan, 2021 06:49pm

Shares rise 8% after carmaker merger completed.
Stellantis will be fourth largest carmaker.
CEO Tavares to hold news conference on Tuesday.

After long journey, Fiat Chrysler and PSA seal merger to become Stellantis

Published 16 Jan, 2021 06:50pm

It took over a year for the Italian-American and French automakers to finalise the $52 billion deal.
The merger between Peugeot S.A. and Fiat Chrysler Automobiles N.V. that will lead the path to the creation of Stellantis N.V. became effective today.

France's PSA sales slump on virus hit

Published 14 Jan, 2021 01:31pm

The company said the European market staged a strong recovery in the second half of 2020, jumping 40 percent compared with the first six months when governments imposed strict lockdowns to try to control the first wave of Covid-19.

Toyota halts some production lines in China due to chip shortage

Published 12 Jan, 2021 02:48pm

Toyota said on Friday it would cut production of its Tundra pickup truck at its San Antonio plant in Texas.

New carmaker Stellantis set for road test after FCA-PSA tie-up approved

Published 04 Jan, 2021 08:46pm

Aim to complete the merger in the first quarter of 2021.
FCA and PSA gained European Union antitrust approval for their merger in December, after pledging to boost Japanese rival Toyota Motor.

Fiat Chrysler shareholders approve PSA merger

Published 04 Jan, 2021 08:21pm

The virtual vote came just hours after PSA shareholders also backed the creation of the new company, "Stellantis".

Peugeot shareholders approve autos mega-merger with Fiat

Published 04 Jan, 2021 06:08pm

The deal to form the new company called Stellantis was first backed by top investors with double voting rights.
Tavares, who will take the helm of the merged group, will have to revive the carmaker's fortunes in China.

PSA shareholders back mega-merger with Fiat Chrysler

Published 04 Jan, 2021 05:38pm

The 50/50 tie-up is considered crucial for the two groups to undertake investments needed to transition to clean car technology.

Peugeot, Fiat merger to be sealed by shareholders

Published 04 Jan, 2021 11:30am

The 50/50 tie-up, which was delayed by the Covid-19 pandemic, is seen as crucial for the two groups to undertake the investment needed to transition to clean car technology.

Fiat Chrysler to invest 755mn zlotys in Poland, says Deputy PM

Published 30 Dec, 2020 12:45am

It said the aim was to start mass production of the first of the three new passenger car models for the group's brands in the second half of 2022.

Fiat greenlights electric car production in Poland

Published 29 Dec, 2020 07:56pm

Officials did reveal an agreement with the Polish government to provide "FCA with the possibility of taking advantage of tax reliefs in the field of (CIT."

EU conditionally approves Fiat Chrysler and PSA merger

Published 21 Dec, 2020 06:09pm

The statement said that the new firm would also facilitate access for competitors to its van repair and maintenance networks.

Fiat Chrysler and Engie EPS agree to set up e-mobility joint venture

Published 12 Nov, 2020 05:29pm

Fiat Chrysler's Italian division and Engie EPS, which is also based in Italy, have entered into a memorandum of understanding aimed at setting up the joint venture in the first quarter of 2021.
Shares in Engie EPS, which is being advised by Lazard on the deal, were trading 13% higher in Paris.

Fiat Chrysler returns to profit

Published 28 Oct, 2020 05:23pm

The carmaker posted a net loss of 179 million euros in the third quarter of 2019.

Fiat Chrysler returns to profit in Q3 as N. America posts record results

Published 28 Oct, 2020 04:58pm

The Italian-American car maker on Wednesday said it posted adjusted earnings before interest and tax (EBIT) of 2.28 billion euros ($2.7 billion) in the July-September period.
Our record results were driven by our team's tremendous performance in North America.

Fiat, PSA to win EU approval for $38bn merger

Published 26 Oct, 2020 05:31pm

Merger to create world's No.4 automaker.
Plan to help Toyota eases EU concerns – sources.
EU decision could come by end of the year – sources.
FCA, PSA shares reverse early losses to trade higher.

Fiat Chrysler asks judge to deny GM request to reopen racketeering case

Published 10 Aug, 2020 11:55pm

Borman threw out the racketeering lawsuit, saying GM's alleged injuries were not caused by FCA's alleged violations.
FCA said "GM's proposed amended complaint is the latest example of the lengths it is prepared to go to, attacking a competitor.

Fiat Chrysler limits COVID losses, sees much better H2

Published 31 Jul, 2020 07:56pm

It also cut capital expenditure across the group, and expects to reduce the total for the full year by 1.5 billion euros ($1.8 billion) to 8-8.5 billion euros.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	32.70 ▲ 2.92 (9.81%)
Gammon Pak / Jun 4 Gammon Pakistan Limited(GAMON)	20.80 ▲ 1.57 (8.16%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	20.80 ▲ 1.56 (8.11%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	78 ▲ 5.52 (7.62%)
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	4.91 ▲ 0.34 (7.44%)
Jubilee Spinning / Jun 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	55.80 ▲ 3.85 (7.41%)
AKD Securities / Jun 4 AKD Securities Limited(AKDSL)	37.70 ▲ 2.36 (6.68%)

Stock	Price
Ellcot Spinning / Jun 4 Ellcot Spinning Mills Limited(ELSM)	104.10 ▼ -10.72 (-9.34%)
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	1,980 ▼ -184.61 (-8.53%)
Chenab Ltd (Pref) / Jun 4 Chenab Limited (Pref)(CLCPS)	3.60 ▼ -0.25 (-6.49%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Diamond Ind. / Jun 4 Diamond Industries Limited(DIIL)	67.52 ▼ -3.96 (-5.54%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	78.50 ▼ -3.98 (-4.83%)
Mandviwala / Jun 4 Mandviwala Mauser Plastic Industries(MWMP)	67.62 ▼ -3.1 (-4.38%)
Sapphire Textile / Jun 4 Sapphire Textile Mills Limited(SAPT)	1,331.01 ▼ -53.73 (-3.88%)
Data Agro / Jun 4 Data Agro Limited(DAAG)	79 ▼ -2.74 (-3.35%)
Reliance Ins. / Jun 4 Reliance Insurance Company Limited(RICL)	11.30 ▼ -0.38 (-3.25%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	19,619,474 ▲ 0.3
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	4,536,100 ▲ 0.3
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	3,741,367 ▲ 0.31
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	3,468,129 ▲ 0.83
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	2,628,206 ▲ 1.17
TPL Corp Ltd / Jun 4 TPL Corp Limited(TPL)	2,081,254 ▲ 0.33
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	1,932,159 ▲ 0.91
AKD Securities / Jun 4 AKD Securities Limited(AKDSL)	1,916,957 ▲ 2.36
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	1,792,466 ▲ 0.24
Fauji Cement / Jun 4 Fauji Cement Company Limited(FCCL)	1,212,561 ▲ 0.66

Fiat Chrysler

Most Popular