Chrysler

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Under the proposal, shareholders of each company would own 50 per cent of the combined entity, the people said. Fiat investors would receive a dividend of €5.5 billion.

The board of French carmaker PSA Group has approved a plan to merge with Italian-American rival Fiat Chrysler Automobiles, a combination that would cr(...)

 Peugeot stock hit a 12-month high of €27.06 during trade in Paris on Wednesday before paring that back to close at €26.05.

Trade in most markets was subdued on Wednesday, but good results and strong performances from some heavyweights helped lift the Irish Stock Exchange. (...)

The potential merger   could create a $50 billion (€45 billion) car giant. Photograph:   Getty Images

Talks between Fiat Chrysler and Peugeot owner PSA over a potential tie-up that could create a $50 billion car giant gathered pace on Wednesday, with (...)

Olivier Murguet: “Two weeks ago we announced in China a City KZ-E, a Kwid EV of sorts and it will come to Europe in a couple of years. There will be a big market for car sharing and this car will be perfect for that.”

Olivier Murguet, Executive Vice President, Sales and Regions, Renault Group and serves on the executive committee Renault Group. Renault is famed fo(...)

The General Court moved to overturn a 2015 commission decision that Starbucks received an unfair tax deal amounting to about €30 million from the Netherlands.  Photograph: Kenzo Tribouillard/AFP/Getty

The European Commission’s decision three years ago that Ireland gave Apple €13 billion of illegal tax aid has been given a partial boost by a court ve(...)

EU competition commissioner Margrethe Vestager: “Our investigation into the Irish tax rulings began in 2013, after Apple told a US Senate hearing about what it called a ‘tax incentive arrangement’ with Ireland.” Photograph: Emmanuel Dunand/AFP/Getty Images

Vesna Tomljenovic, the judge tasked with drafting a ruling by the European Union’s second-highest court on Apple’s alleged €13 billion Irish sweethea(...)

Hiroto Saikawa, outgoing president and CEO of Nissan Motor Co. Photograph: EPA/Kimimasa Mayama
Who can fix Nissan?

For almost a year, Hiroto Saikawa defied gravity. Against expectations, Nissan’s chief executive survived the ousting of Carlos Ghosn, a damning corpo(...)

Hiroto Saikawa, president and chief executive officer of Nissan, is to resign. Following a board meeting on Monday, the company said it would install its chief operating officer Yasuhiro Yamuchi as interim chief executive.

Nissan chief executive Hiroto Saikawa will resign next Monday following revelations of excessive payments and a plunge in profits in the wake of the o(...)

Ferdinand Piëch died on Sunday  at the age of 82. Photograph: Julian Stratenschulte/EPA

Germany – and Austria – are in shock over the sudden death at 82 of Ferdinand Piëch, the autocratic Porsche heir who rescued Volkswagen and – with exa(...)

The Iseq all-share index advanced 1.79 per cent on the day with advances for companies including Kingspan and CRH. Photograph: Dara Mac Dónaill

Global stocks advanced on Wednesday as investors await minutes from the US Federal Reserve’s July meeting for signs of future rate cuts. Dublin outper(...)

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