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 […]

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 to meet unions Friday to discuss merger deal with PSA

FCA Peugeot

Fiat Chrysler will meet Italian trade unions in Turin on Friday to talk about the details of a merger deal with French competitor PSA, the FIM-CISL union stated on Wednesday. Fiat Chrysler (FCA) and PSA confirmed on Wednesday they had agreed to a binding $50 billion merger to form the world’s fourth-largest automaker. FIM-CISL stated […]

UK union seeks guarantees on manufacturing following Peugeot-Fiat merger

a busy london street

Britain’s biggest union is looking forward to guarantees on the long-term future of Peugeot’s plants located in Britain following the French automaker’s binding of a deal on Wednesday with Fiat Chrysler to form the world’s fourth-biggest carmaker. Peugeot runs a car factory located in northern England where it constructs the Opel/Vauxhall Astra. In June, the […]

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 lodges appeal to Europe’s top court against $33 million EU tax order

Fiat Chrysler Pacifica images

Fiat Chrysler has made an appeal to Europe’s top court against an EU order to pay 30 million euros ($33 million) in Luxembourg back-taxes, looking to overturn a lower tribunal ruling backing EU antitrust regulators. Fiat lodged its appeal to the Luxembourg-based Court of Justice of the European Union (CJEU), two months following the dismissal […]

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 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 […]