Detroit / AFP Allegations that Fiat Chrysler Automobiles (FCA) falsified US sales data are meritless and the company’s financial reports are “totally accurate,” chief executive Sergio Marchionne told reporters. Marchionne said the FCA is cooperating with authorities from the Securities and Exchange Commission (SEC) and the Justice Department probing the company’s reporting after it was forced to restate unit ...

  AFP Germany’s vice chancellor and economy minister Sigmar Gabriel said on Sunday that negotiations on a massive trade between the European Union and the United States were effectively dead in the water. “The talks with the US have de facto failed because we Europeans of course must not succumb to American demands,” he told public broadcaster ZDF. “Nothing is ...

  Wilmington / AFP US rail operator Amtrak on Friday awarded a $2.0 billion (1.8 billion euros) deal to French manufacturer Alstom to supply new trains for its key Acela service between Washington, New York and Boston. The landmark deal for 28 new passenger trains will boost Amtrak’s speed and capacity along its most heavily used and profitable route, with ...