Fiat Chrysler and the maker of Peugeot agreed to a $50 billion merger designed to drive investment in electronics and computing.
Detroit officials have been trying to prepare residents to get jobs at the new plant.
A team-up between the two companies could lead to a huge boost in production, but a decrease in demand for new cars is expected.
Fiat Chrysler is following the lead of GM and Ford and moving to quarterly sales reports.
He was credited with turning around both Fiat and Chrysler.
Fiat Chrysler is recalling 4.8 million vehicles in the U.S. because of the risk that drivers may not be able to turn off the cruise control. The recall includes 15 Jeep, Dodge, Chrysler and Ram models from six model years.…
Close, but no cigar.