Fiat Chrysler, Peugeot merging to create fourth-biggest carmaker

Fiat Chrysler and France's PSA Peugeot said Thursday they have agreed to merge to create the world's fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies.

Union, FCA insist federal charges did not affect agreement

A former Fiat-Chrysler executive and the widow of a former United Auto Workers vice president are both facing federal charges that they stole millions ot pad their own pockets. The union says it did not affect the collective bargaining agreement.