Judge authorizes Fiat Chrysler diesel emissions settlement in the US

Fiat Chrysler Automobiles (FCA)

A federal judge in San Francisco on Friday authorized a $307.5 million civil settlement for about 100,000 U.S. owners of Fiat Chrysler diesel vehicles that the government stated had illegal software that enabled them to emit excess emissions. Under the settlement authorized by Judge Edward Chen, about 100,000 owners and lessees of Ram 1500 and […]

Fiat Chrysler picks Google, Samsung for globally connected car system

Fiat Chrysler Automobiles (FCA)

Fiat Chrysler stated on Tuesday it will use technology from Alphabet Inc’s Google and Samsung to connect all its automobiles by 2022, giving music and video and facilitating future car-sharing and self-driving capabilities. Fiat Chrysler Automobiles NV (FCA) will utilize Google’s Android operating system worldwide in place of a mixture of software that differs by […]

Fiat Chrysler to pay $110 million to settle American investor suit

Fiat Chrysler Automobiles NV has accepted to pay $110 million to settle a lawsuit accusing it misled U.S. investors over excess diesel emissions and failed to adhere with federal safety regulations, court records reveal. The company stated on Monday it “continues to vigorously deny the allegations of wrongdoing made in this lawsuit” and stated the […]

Volkswagen not interested in any tie-up with Fiat Chrysler says CEO

Volkswagen brand logo

Volkswagen is not interested in a tie-up with competitor Fiat Chrysler as the German automaker’s efforts were all focused internally, CEO Herbert Diess informed Il Sole 24 Ore and other two newspapers. Asked if Volkswagen was interested in Fiat Chrysler’s premium brands like Alfa Romeo and Maserati, Diess stated VW group “already owns luxury brands”.

Fiat Chrysler to spend $4.5 billion in Michigan for new Jeep SUV models

2018 Jeep Wrangler

Fiat Chrysler Automobiles NV stated on Tuesday it will spend $4.5 billion in five plants to construct new models of Jeeps to rival in the lucrative market for full-size, three-row SUVs presently dominated by competitors General Motors and Ford Motor. At the same time, the automaker stated it was slashing the third shift at its […]

Fiat Chrysler to cut almost 1,400 jobs at Illinois plant

Fiat Chrysler Automobiles (FCA)

Fiat Chrysler Automobiles NV stated on Tuesday it will slash almost 1,400 jobs at an Illinois assembly plant where it constructs the Jeep Cherokee sport utility vehicle. The Italian-American automaker will remove one of three shifts at the Belvidere Assembly plant beginning May 6, affecting 1,371 jobs, in order to “better align production” with worldwide […]

Fiat Chrysler paid $77 million in U.S. fuel economy penalties

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles NV stated on Thursday it paid $77 million in U.S. civil penalties late last year for not meeting 2016 model year fuel economy regulations, the first major sign the industry is facing hurdles meeting increasing emissions rules. The Italian-American automaker has been lobbying the Trump administration to modify fuel economy regulations and […]