Fiat-Chrysler Merger: Won't Waive, Raise Payout Cap


(Adds details) MILAN, Aug 12 (Reuters) - Fiat will not call a shareholders' meeting to waive or raise the 500 million euro ($668 million) limit it has set for paying out dissenters in its merger with Chrysler, the carmaker said on Tuesday. Chief Executive Sergio Marchionne wants to incorporate the two carmakers into Dutch-registered Fiat Chrysler Automobiles (FCA), paving the way for a U.S. listing to help fund an ambitious investment plan at the world's No.7 auto group. But the ...


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Dec 6, 2016

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More


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