Fiat Chrysler withdraws its merger proposal for French carmaker Renault after Renault board members were unable to reach a decision on the offer.
Nissan chairman and former CEO Carlos Ghosn is arrested in Japan for breaching the country's financial trading laws, prompting Nissan to recommend that he and director Greg Kelly step down for misconduct. Ghosn is also the chairman and CEO of Renault.
Fiat Chrysler Automobiles (FCA) and the United Auto Workers (UAW) reach a new tentative four-year labor agreement, averting a threatened strike of the automaker’s U.S. operations. The agreement must be ratified by a vote of FCA's 40,000 U.S. union workers, who rejected the previous proposal earlier this month. If ratified, the UAW intends to use the pact as a template for negotiations with General Motors Co. and Ford Motor Company.