FCA CEO Sergio Marchionne says good chance hitting 2018 targets
Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne said that the automaker’s possibilities of hitting 2018 monetary targets are significantly greater than 50 percent, according to an individual present at the conference. The targets from Fiat Chrysler’s five-year plan completing in 2018 were at first set in 2014 and updated in January 2016. They consist of
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Chrysler unveils it’s ‘Portal’ concept car at CES
Fiat Chrysler Automobiles (FCA) unveiled a brand-new, semi-autonomous electrical automobile created for young households that likewise provides a window into the car manufacturer’s vision for a future filled with self-driving automobiles. Named the Chrysler Portal, the automobile revealed at the Consumer Electronic Show in Las Vegas was developed by “Millennials for Millennials,” as per the
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Google and FCA To Reveal a Car With An Android Operating System
Google modified Android in 2016 to make the open source operating system appealing to car manufacturers that desire a customized, turn-key infotainment system. An Android in-car infotainment system was seen, at the time, as simply a concept. Now it appears that one carmaker is interested. Google and Fiat Chrysler Automobiles (FCA) revealed Tuesday they will
FCA Officially Ends Production of the Chrysler 200
Production of the Chrysler 200 has been formally ended, closing exactly what was a long and uncertain death watch that started in January when Fiat Chrysler Autos CEO Sergio Marchionne hinted that the sedan, together with the smaller sized Dodge Dart, is not going to be changed. FCA formerly recommended it was looking for a
Fiat Chrysler selects Poland to create two new car engines
Fiat Chrysler Automobiles (FCA) will manufacture 2 new fuel engines at its plant located in Bielsko-Biala, southern Poland in an investment it said was confirmation of its commitment to establishing its operations in the country. Polish Deputy Prime Minister Mateusz Morawiecki informed the PAP news agency that FCA could invest up to 250 million euros
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Fiat Chrysler’s CEO Says Donald Trump Will Be An Auto Industry ‘Game Changer’
The CEO of Fiat Chrysler has stated that Trump’s crucial stance on North American free trade might affect the automaker’s future in the U.S. Trump’s inbound presidency is a “big deal” states Sergio Marchionne talking to Bloomberg Television. “He certainly is a game changer, primarily because I think that there are a number of conditions
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FCA CEO expects earnings increase from strong dollar by year-end
Fiat Chrysler Automobile (FCA), will begin profiting on its earnings from a latest fortifying of the United States dollar against the euro towards end of the year, the automaker’s CEO stated. “Let’s hope it lasts as long as possible,” CEO Sergio Marchionne informed press reporters at an occasion at an FCA plant in Cassino, southern
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Amazon along with Fiat Chrysler will sell cars online
Amazon has partnered with Fiat Chrylser to offer vehicles online for the first time, showing the company’s growing ambition to pursue the $1.2 trillion vehicle sales market. Fiat Chrysler will offer three models – the 500, the 500L, and the Panda – on Amazon’s Italian website at a cost that is up to 30% less
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Fiat Chrysler Automobiles and Cummins reject diesel cheating lawsuit
Fiat Chrysler Automobiles NV and Cummins Inc stated on Monday they will battle a class-action suit submitted against the companies alleging them of unfaithful on diesel emissions tests. On Monday, legal representatives representing owners of older 2500 and 3500 Dodge Ram trucks submitted a class-action lawsuit in U.S. District Court located in Detroit, asserting the
Fiat Chrysler Autos pushes up its full-year revenue projection for the 2nd time this year
Fiat Chrysler Automobiles (FCA) has pushed up its full-year revenue projection for the 2nd time this year after strong need for Jeep SUVs enhanced quarterly revenues and margins improved in the United States and Canada. Reporting third-quarter outcomes on Tuesday, CEO Sergio Marchionne stated he was likewise positive about minimizing net financial obligation to below
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Fiat Chrysler is recalling 310,800 vehicles including Jeep Wrangler SUVs
Fiat Chrysler Automobiles (FCA) is recalling 310,800 vehicles in 2 different recalls involving Jeep Wrangler SUVs, Ram heavy duty pickup trucks and Dodge Charger sedans, the automaker stated on Wednesday. The biggest recall is for 225,000 new-model Jeep Wrangler SUVs due to sensor wiring that might malfunction and keep air bags from deploying, the automaker
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Fiat Chrysler recalls trucks, cars to repair alternator problem
Fiat Chrysler Automobiles NV informed that it is recalling about 74,833 automobiles in the United States to change the alternators because of a issue that could result in engine stall or a automobile fire. FCA United States LLC, Fiat’s U.S. arm, stated on Tuesday that certain generators might have problems with the diodes, which might
Canada union accepts Fiat Chrysler contract; Ford next
Manufacturing workers of Canada at Fiat Chrysler Automobiles nominated on Sunday to support a faltering labor contract with the automaker. Their union declared this statement by stopping a strike and making clear the way for discussion with company. The union’s Unifor assumed 70.1 percent voted to approve the four-year contract that covers 9,750 engineering employees.
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Fiat Chrysler targets kids though social networks to sell minivan
Fiat Chrysler Automobiles (FCA), which promoted the minivan three decades earlier and stays its leading seller, is looking to stay on top with a social networks campaign targeting its new Chrysler Pacifica design straight at those squabbling in the backseats – American kids. Minivans might be not be attractive to parents and undoubtedly market share
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Judge says Fiat Chrysler must face U.S. lawsuit over safety compliance
A U.S. judge on Wednesday stated Fiat Chrysler Vehicles NV must face a lawsuit claiming it defrauded investors by overstating its capability to comply with automobile safety laws. U.S. District Judge Jesse Furman in Manhattan stated the car manufacturer must face claims over declarations in late 2014 that it was “substantially” in compliance, even as
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