Fiat Chrysler
If successful, the $35 billion-plus tie-up would alter the competitive landscape for rivals including General Motors and Peugeot maker PSA Group, which recently held inconclusive talks with Fiat Chrysler (FCA).
Ahead of the deadline, many boosted financial incentives and registrations of their own new vehicles to be sold on the used car market, analysts have said.
As per the complaint, certain design features of Mahindra’s off-road utility vehicle ROXOR infringed intellectual property rights of Fiat’s Jeep design, Mahindra said in a statement.
The car-maker will announce it intends to phase out the fuel type from the cars across its brands, the FT said, citing people familiar with the company strategy.
Fiat Chrysler to invest $1 bn on back of US tax reform
