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Foxconn, the contract electronics manufacturer most closely associated with the Apple iPhone, has confirmed in a filing with authorities it is planning to start a car-making joint venture with Fiat Chrysler (FCA). In the documents discovered by Bloomberg, the two companies are looking to setup a 50/50 joint venture to manufacture electric vehicles. Initially, EVs made by this new pairing will be targeted at the Chinese market, but exports may be considered further down the track.

The next step in the proposed US$50 billion ($73.5 billion) merger of Fiat Chrysler (FCA) and the PSA Group could be complete by the end of 2019. According to internal emails seen by Reuters and Automotive News, the PSA Group and FCA have formed multiple working groups to come up with a legally-binding memorandum of understanding (MOU) for the merger.

A new patent seems to confirm rumours Fiat Chrysler (FCA) is developing a new turbocharged inline six-cylinder petrol engine. Mopar Insiders has discovered a patent on the US Patent and Trademark Office website for exhaust gas recirculation system for a turbocharged petrol engine. The patent, which was approved April this year, features an explanatory diagram with a straight-six engine.

Renault and Nissan are reportedly in talks to rebalance their alliance with the aim of restarting Renault's proposed merger with Fiat Chrysler (FCA). Sources have told The Wall Street Journal about the discussions, which centre around plans to reduce Renault's 43.4 per cent shareholding in Nissan. Any reduction in Renault's Nissan stake would require the approval of the French government, which holds a 15 per cent share and supersized voting rights in the French automaker.

High-level discussions are reportedly taking place between Renault and Fiat Chrysler (FCA) aimed at reviving the merger between the two companies, and gaining the approval of Nissan, Renault's alliance partner. Three sources have told Reuters John Elkann, chairman of FCA, has had talks with Jean-Dominique Senard, Renault's chairman, and Thierry Bollore, the French automaker's CEO, about bringing the proposed merger between the two companies back to life.