The proposed tie up between FIAT Chrysler (FCA) and the Renault-Nissan-Mitsubishi Alliance was always going to be a long road to travel and a tough one to pull off. If it had happened, it would have put the new structure in second place to Toyota in market capitalisation terms, leapfrogging their European rival Volkswagen. The pressure to run with the idea came from two very … [Read more...]
New Charges Laid in UAW Scandal
Back in May of last year we wrote an update story about a scandal that had enveloped the United Auto Workers (UAW) Union in Detroit with relation to a scheme to misappropriate funds from FIAT Chrysler (FCA) and the Government. It was focused on a training centre and several union officials and FCA finance employees were caught flashing the cash. Millions of dollars were spread … [Read more...]
FCA Attempts To Stop Mahindra Selling in US
Some words start out as a product name (a noun) and end up as a verb - a word to describe a function or work process. This is known as "anthimeria", the act of using a word in a new grammatical form. In my youth, several stood out: you could Hoover the carpet or Xerox a document (I’m really showing my age). Today you Google something when you search online or you Photoshop an … [Read more...]