GM, Ford hit by C-19 virus; VW, Daimler, auto industry reel in impact of Corona pandemic

By Simon Alvarez Posted on March 17, 2020 The auto industry is now feeling the weight on the ongoing C-19 pandemic, with veteran automakers Volkswagen and Daimler announcing that they will be suspending production in their European facilities. The news comes as updates from GM, Ford, and Fiat-Chrysler in the US revealed that workers from […]

Fiat Chrysler and PSA Group sign merger agreement

After agreeing to merge in October, Fiat Chrysler Automobiles and PSA Group on Wednesday made it official by signing an agreement that will set the process in motion. The automakers expect the merger to be completed in 12-15 months, at which point we’ll be looking at a behemoth controlling 13 brands: Citroen, DS, Opel, Peugeot […]