Bloomberg PSA Group and Fiat Chrysler Automobiles NV agreed to combine in a deal that will create the world’s fourth biggest auto manufacturer. The French and Italo-American carmakers signed a binding accord for a 50-50 merger of their businesses, they said on Wednesday. The combined company will be led by PSA Chief Executive Officer Carlos Tavares, with Fiat Chairman John ...

Bloomberg Tesla Inc is considering cutting the price of its China-built Model 3 sedans by 20% or more next year, people familiar with the plans said, betting the move will lure buyers as the world’s biggest electric-vehicle market slows. Tesla aims to bring down costs by using more local components, allowing it to import fewer parts and avoid tariffs, the ...

Bloomberg Another Google employee added her name to a list of workers who say they were fired for legally advocating for labour rights inside the company. Kathryn Spiers, 21, said she was fired December 13 after she developed a notification that told colleagues they had the right to participate in labour organising when they visited the website of IRI Consultants, ...