Fiat’s finance unit said it was confident of the legitimacy of a tax deal with Luxembourg that the European Commission is currently investigating.
Fiat Finance and Trade said it was surprised by the Commission’s decision to open a state aid investigation into tax deals that Ireland, the Netherlands and Luxembourg have cut with Apple, Starbucks and Fiat.
The first 86 dealerships to relaunch the sporty Alfa Romeo brand in North America, most of them now selling Fiat cars, were announced on Tuesday by Fiat Chrysler Automobiles.
Fiat Chrysler Automobiles aims to increase global sales 60 percent to 7 million by 2018 from 4.4 million last year.
Toyota is recalling nearly 650,000 vehicles in Japan and repeating a recall for problems with front passenger air bag inflators announced last year, seeking to fix some 2.27 million vehicles.
General Motors CEO Mary Barra will be back in front of Congress next week to be questioned further about how GM allowed a deadly defect in an ignition switch to go undisclosed for more than a decade.
