Italian, French unions say FCA-Peugeot deal only benefits shareholders

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A planned merger between Fiat Chrysler and Peugeot owner PSA is only going to benefit shareholders, two of the biggest Italian and French unions stated on Thursday, criticising a decision to invite labour groups in the decision. “The decision by FCA and PSA to start negotiations to merge the two groups without any involvement of […]

Fiat Chrysler recalls 108,000 diesel Ram 1500 pickup trucks

Fiat Chrysler Automobiles (FCA)

Fiat Chrysler Automobiles NV stated on Friday it is recalling 108,000 Ram 1500 diesel-powered pickup trucks in the United States because of coolant leaks tied to reports of some fires and four small injuries. The automaker stated the recall concerns trucks from the 2014 through 2019 model years after discovering microscopic cracks in some Exhaust […]

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

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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”.