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FCA, PSA Reach Tentative Merger Deal

Fiat Chrysler chairman John Elkann is poised to serve in the same position following a merger...

Fiat Chrysler and PSA Group have agreed to join forces to create the world’s No. 4 automaker in a $48 billion deal designed to save the factories billions in research and development costs.


Report: FCA and PSA in Merger Talks

Carlos Tavares is chairman and CEO of PSA Group, France’s largest vehicle manufacturer. He is...

Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal that would form a General Motors-sized factory.


TechCrunch: Fair Lays Off 40% of Payroll, Fires CFO

Scott Painter, founder and CEO of Fair, spoke at Collision Conference in Toronto in May....

TechCrunch reports Fair CFO Tyler Painter, brother of CEO Scott Painter, and 40% of the vehicle subscription service’s staff have been let go. The moves cast doubt on the disruptor’s viability in an increasingly inhospitable startup market.