FCA’s board as well as Peugeot’s board to meet today on proposed $50B planned merger

On Tuesday, sources with knowledge of the matter at hand disclosed, Fiat Chrysler Automobiles NV’s board is scheduled to meet later this afternoon to consider taking the next steps toward a proposed merger with French automaker Peugeot SA. Peugeot’s board is also expected to meet this afternoon and is expected to consider a memorandum of…

Fiat Chrysler Automobiles caught cheating emission tests

The California Air Resource Board and the EPA have found the automaker in violation of their respective laws. The U.S. Environmental Protection Agency (EPA) has notified Fiat Chrysler Automobiles (FCA) that it is in violation of the Clean Air Act, since its software installed in some of its diesel vehicles increased the emission of its…