Author: Automotive News Feed
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Fiat investors likely to approve Chrysler merger
Fiat shareholders will likely approve the automaker’s merger with Chrysler when they meet in Italy for the last time on Friday.
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ZF in advanced talks to buy TRW for near $12 billion, report says
ZF Friedrichshafen is in advanced talks to acquire TRW Automotive for nearly $12 billion, in a deal that would create an automotive supply powerhouse, Reuters reported..
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Marchionne says he is open to new alliances but won’t sell Alfa Romeo
Fiat CEO Sergio Marchionne reiterated that Alfa Romeo will not be sold but said he remains open to forming alliances with other carmakers if it helped cut costs.