Stellantis' shares have dropped 10% after the world's fourth-largest carmaker posted modest third-quarter gains and warned about possible future charges.

Kevin Magnussen will make a surprise return to Formula One this season with the same team that fired him a year ago.

It’s an excellent time to be an autoworker. Despite COVID and all the hassles complicating an already tough job, UAW members, thanks to a new profit-sharing formula, will see their bank accounts soon swell significantly.

Some white collar workers at Stellantis have the next few weeks to decide if they want to retire.

AUBURN HILLS, Mich. – The merger between PSA Peugeot and Fiat Chrysler Automobiles (FCA) that will lead to the creation of Stellantis was officially complete Saturday. The Stellantis sign is now up outside the now former FCA headquarters in Auburn Hills. Stellantis was launched Monday on the Milan and Paris stock exchanges, giving life to the fourth-largest auto company in the world. Read more: Carmaker Stellantis shares jump in Milan, Paris on first day

Fiat Chrysler Shareholders of Fiat Chrysler and France's PSA Group met Monday, Jan. 4, 2021 to vote on a merger that will create the world's fourth-largest automaker. (AP Photo/Michel Euler, File)DETROIT – The merger between Peugeot maker PSA and Fiat Chrysler Automobiles that will lead to the creation of Stellantis was complete Saturday. The Peugeot and FCA merger has been the subject of much controversy. Speaking to Local 4 News earlier this month, Frank Rhodes, the great grandson of Walter Chrysler who founded famed auto company Chrysler in 1924 expressed concern over the business deal. Read more: Great grandson of Walter Chrysler worries about fate of automaker

The Peugeot and Fiat Chrysler Automobiles merger is at the center of the contention. Walter Chrysler founded his famed auto company in 1924. His name has stuck around through the Daimler merger and the Fiat takeover, but this new world without Chrysler bothers his great grandson, Frank Rhodes. Rhodes is also upset about the possibility the Chrysler brand itself is in jeopardy. “It’s down to two vehicles now and one is a very old Sedan and Sedans aren’t selling, so the future of the Chrysler brand may be questionable,” said Krebs.

DETROIT – Here’s what you missed on Local 4 News at Noon. Shareholders approve merger between Fiat Chrysler, PeugeotShareholders of Fiat Chrysler and PSA Peugeot voted Monday to merge and create the world’s fourth-largest auto company which, its architects hope, can more readily take on an enormous technological shift in the industry.

European Commissioner Executive Vice-President Margrethe Vestager talks during a video press conference at the EU headquarters in Brussels, Wednesday, June 17, 2020. (Kenzo Tribouillard, Pool Photo via AP)BRUSSELS The European Union is opening an in-depth investigation into the proposed merger of Fiat Chrysler and Peugeot that would create the worlds fourth-largest automaker. Vestager stressed that either Fiat Chrysler or Peugeot are already the leader in many EU nations in that sector and the merger would eliminate a major player, thus reducing competition. Fiat Chrysler has been looking for an industrial partner in recent years. A previous deal with French rival Renault last spring fell apart over French government concerns about the role of Renaults Japanese partner, Nissan.

Fiat Chrysler, Peugeot sign $50B merger dealPublished: December 18, 2019, 6:23 amThe companies said in a joint statement the new group will be led by PSA's cost-cutting CEO Carlo Tavares, with Fiat Chrysler’s chairman John Elkann as chairman of the merged company. Fiat Chrysler CEO Mike Manley will stay on, but it was not announced in what capacity.

On Oct. 28, 2013, she finished a class and headed to the undergraduate library to take a test. Deadly fire that killed 3 children ruled likely accidentalA deadly house fire in Lansing was likely accidental, the Lansing Fire Department said. A 31-year-old man and a 5-year-old girl are at University of Michigan hospital in critical condition. Community in mourning after child killed by dogA family in Hazel Park is mourning after the devastating loss of their son Tuesday night. If you use a space heater, make sure its safe and not on a recall list -- keep it away from children.