Fiat Chrysler rejects union bribery allegations in GM lawsuit

Fiat Chrysler Automobiles FCA

Fiat Chrysler is moving to reject a racketeering lawsuit filed by competing automaker General Motors, rejecting allegations that it bribed union officials to impose higher labor costs on GM. In papers submitted Friday with the federal court in Detroit, FCA argued that GM’s lawsuit is far from facts. It also said that even if the […]

U.S. regulator to review the complaint against Mahindra

Mahindra XUV500

A U.S. regulator stated it will review part of a recommendation made last year that Indian automaker Mahindra and Mahindra infringed upon the intellectual property rights of Fiat Chrysler Automobiles’ Jeep SUV design. The International Trade Commission (ITC) stated it would take a look into administrative law judge’s initial determination last November that Mahindra’s Roxor […]

Peugeot merger talks progressing well, says CEO Michael Manley

FCA Peugeot

Fiat Chrysler’s CEO Michael Manley stated on Wednesday that merger talks with Peugeot owner PSA to form the world’s No. 4 automaker are progressing well and he hopes to have a deal completed under 12-14 months. Discussing with Reuters on the sidelines of an industry meeting, Manley said he doesn’t expect any major hindrance that […]

Fiat Chrysler and Peugeot agree to $50 billion merger

Peugeot 208

Fiat Chrysler and Peugeot maker PSA deal with the challenge of winning over regulators and delivering on a commitment to cut costs without shutting down factories after sealing a binding deal to form the world’s fourth biggest automaker. Both tasks are likely to prove difficult, as two of the industry’s oldest dynasties attempt to combine […]

Fiat Chrysler’s UAW members ratify a new four-year contract

United Automobile Workers (UAW)

The United Auto Workers (UAW) union stated on Wednesday that rank-and-file members at Fiat Chrysler Automobiles NV have voted to support a new four-year labor contract with the automaker, assisting the Italian-American firm prevent a strike as it collaborates to merge with France’s Groupe PSA. Fiat Chrysler (FCA) and PSA, the maker of Peugeot and […]

FCA challenges Italy tax agency concerning the value of U.S. business

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles (FCA) has challenged a claim by Italy’s tax officials over the valuing of its U.S. Chrysler business that could leave it with an unwanted tax bill just days prior to an expected key merger agreement with Peugeot owner PSA. On Wednesday, a source knowledgeable with the matter stated the Italian tax agency […]

UAW members recommend approval of Fiat Chrysler labor deal

United Automobile Workers (UAW)

Union members of United Auto Workers from Fiat Chrysler Automobiles NV’s U.S. plants on Wednesday recommended authorization of a tentative labor agreement that would permit the Italian-American automaker to prevent a strike as it collaborates to merge with France’s Groupe PSA. Fiat Chrysler (FCA) and PSA, the innovator of Peugeot and Citroen, in October declared […]

Fiat Chrysler turns down General Motors lawsuit, sees Peugeot deal by year-end

Peugeot e-208 GT

Fiat Chrysler Automobiles NV on Thursday turned down a lawsuit from General Motors and stated it was sure about reaching a binding merger deal with Peugeot owner PSA Group by the end of 2019 to create the world’s fourth-largest automaker. General Motors submitted the lawsuit in the United States on Wednesday, accusing FCA of having […]

Fiat Chrysler to recall almost 700,000 SUVs due to electrical fault risk

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles NV stated on Thursday it is going to recall almost 700,000 sport utility vehicles worldwide due to a faulty electrical connection that could prevent engine starts or contribute to a stall. The recall, concerning 2011 through 2013 model year Dodge Durango and Jeep Grand Cherokee SUVs, is set to address silicon deposits […]