Lee Iacocca, the car industry legend who created the iconic Ford Mustang and saved Chrysler from bankruptcy, has died at the age of 94. He died at his home in Los Angeles from complications from Parkinson's disease, a family spokeswoman told US media.
A merger between automotive giants Renault and Fiat-Chrysler could be announced any minute since talks are gaining momentum, sources within the industry hinted Sunday.
Italian-American carmaker Fiat Chrysler Automobiles (FCA) is denying allegations that it encouraged dealers to inflate monthly sales. The car company is being sued by a US dealer who says it encouraged dealerships to lie about monthly car sales.