Automaker Stellantis rolled out its software strategy on Tuesday including a 2030 target of 20 billion euros ($22.5 billion) in annual revenue from related products and subscriptions as it takes aim at rival Tesla. CEO Carlos Tavares said the world’s …
The boss of EXOR showed confidence on Wednesday in the success of three transformative deals set to reshape its multi-billion portfolio of corporate holdings, despite being caught at mid-air by the coronavirus crisis. In a letter to the holding’s shareholders, …
EXOR has agreed to sell PartnerRe to French mutual insurer Covéa, a move that is turning out to be a very profitable thing for the Italian investment firm. EXOR bought the Bermuda-based reinsurer in March 2016 for $6.72 billion in …
Investment group Exor, which controls carmaker Fiat Chrysler, is in exclusive talks to sell reinsurer PartnerRe to France’s Covea in a deal one source familiar with the matter said was worth around $9 billion. Exor, the investment vehicle of Italy’s …
The U.S. Supreme Court on Monday declined to hear Fiat Chrysler‘s appeal in a class action lawsuit over allegations that its Jeeps and other trucks are vulnerable to hacking, one of the first legal cases involving automotive cyber security risks. …
Two men jailed in Houston and accused of using pirated computer software to steal more than 100 vehicles may have exploited an electronic vulnerability to advance auto theft into high-tech crime. Michael Arce, 24, and Jesse Zelaya, 22, focused on …
Building on its expertise in technology, Israel is emerging as a leader in the race to keep cars secure and prevent the nightmare scenario of a hacker commandeering your vehicle. Most cars today are equipped with some level of connectivity …
As a boy, John Elkann watched his grandfather Gianni Agnelli build Italy’s biggest industrial fortune, but as an adult he has never adopted Agnelli’s swashbuckling style. Lately, though, Elkann has embraced at least one of his grandfather’s trademarks: dealmaking. EXOR …
Car owners in Belleville and eastern Missouri have filed a federal class-action lawsuit against Fiat Chrysler and a dashboard computer manufacturer after two hackers used a laptop computer to take control of a Jeep being driven on a St. Louis …
Fiat Chrysler Automobiles NV said an employee at its Jefferson North Assembly factory in Detroit was killed Tuesday morning while working at the facility’s wastewater treatment plant. “The company is currently working with local officials to investigate the incident,” Jodi …
