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Fiat Chrysler, Peugeot shareholders vote on merger

MILAN (AP) — The marriage of carmakers PSA Peugeot and Fiat Chrysler Automobiles is built on the promise of cost-savings in the capital-hungry industry, but what remains to be seen is if it will be able to preserve jobs and heritage brands in a global market still suffering from the pandemic. PSA Peugeot shareholders on Monday overwhelmingly approved the deal to create the world's fourth-largest carmaker, to be called Stellantis, with the capacity to produce 8. ....

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Renault shares jump after scrapping plans to list Ampere EV unit

Shares of French car maker Renault jumped 5% in early deals Tuesday, hours after cancelling plans to publicly list its new electric vehicle and software business. ....

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This Swiss auto parts maker's stock could soar by 75%, Vontobel says

The profit margins of the company, which supplies parts to car makers such as BMW, Ford, Renault and Mercedes, is expected to rise. ....

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Nissan Motor : announces acquisition of its own shares -December 12, 2023 at 02:58 am EST

December 12, 2023

YOKOHAMA, Japan - Following the resolution of the Board of Directors on December 12, 2023. Nissan Motor Co., Ltd. announced the acquisition of its own shares. ....

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Renault to sell 5% tranche of Nissan stake

Nissan said in a separate statement that the move was "in line with Nissan's commitment to enhancing shareholder returns and capital efficiency". ....

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