October 28, 2020

    Daily Auto News, Luxury Cars, Photos, Prices, Spy Shots, Videos, Incidents and more
    Fiat Chrysler Automobiles FCA

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

    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 […]

    Chrysler , Fiat
    Fiat Chrysler Automobiles (FCA)

    FIOM says new models needed for full employment at FCA’s Turin plant

    FIOM, the Italian metalworker union, on Monday, called on Fiat Chrysler to come up with new car models to be produced in its home town of Turin to make sure that the Mirafiori plant there reaches full employment. In October Fiat Chrysler and Peugeot owner PSA revealed strategies to form a $50 billion group, set […]

    Fiat
    Fiat Chrysler Automobiles (FCA)

    Fiat Chrysler signs EV charge point deals with Enel, Engie

    Automaker Fiat Chrysler (FCA) has signed an agreement with European utilities Enel and Engie to assist provide its customers charging points for electric vehicles (EV) it is preparing to roll out. FCA, which is lagging competitors in developing electrified vehicles, stated last June it is going to invest 9 billion euros ($10 billion) during the […]

    Chrysler , Fiat
    Renault and Fiat logo

    France is looking for a ‘reasonably favorably’ on Renault/Fiat deal

    The French government is looking “reasonably favorably” on a proposed merger deal between Italian automaker Fiat and French peer Renault, stated government spokeswoman Sibeth Ndiaye on Monday. “It’s a project that we are looking on in a reasonably favorable light,” Ndiaye informed BFM TV. “Of course we have to look at the conditions under that […]

    Chrysler , Renault
    Fiat Chrysler Automobiles (FCA)

    Government of Italy might ask for symmetry with Paris in FCA-Renault merger

    Italian government is going to defend national interest in the FCA- Renault merger and might look for a stake in the new international automaker to match French state holdings, a major League ruling party lawmaker said on Monday. Fiat Chrysler has made a “transformative merger” proposal to Renault, the Italian automaker stated, in a deal […]

    Chrysler , Renault
    Fiat Chrysler Automobiles (FCA)

    Fiat Chrysler picks Google, Samsung for globally connected car system

    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 […]

    Chrysler , Fiat
    Fiat Chrysler

    Fiat Chrysler to build second Jeep assembly plant in Detroit

    Fiat Chrysler Automobiles (FCA) plans to construct Jeep Grand Cherokee SUVs in a mothballed Detroit plant in 2020, four people knowledgeable about the plans informed Reuters on Thursday. News of the Fiat Chrysler’s new plant leaked on the same day General Motors CEO Mary Barra was finishing a two-day visit in Washington with lawmakers critical over […]

    Chrysler , Fiat
    Fiat Chrysler Automobiles FCA

    Fiat Chrysler pressing on with parts maker Magneti Marelli spin-off

    Fiat Chrysler is pressing ahead with the spin- off of its parts maker Magneti Marelli, a spokesman verified in Wednesday after reports investment firm KKR was in discussion to acquire the unit. “FCA is pursuing a plan to separate the Magneti Marelli business … it will evaluate bona fide proposals for alternative transactions that may […]

    Chrysler , Fiat
    Fiat Chrysler Automobiles (FCA)

    Fiat Chrysler plans to proceed with Magneti Marelli

    Fiat Chrysler stated on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and issuing shares in a new holding for 99-year old parts business to FCA investors. The spin-off is part of a strategy by FCA Chief Executive Sergio Marchionne to “purify” the Italian-American automaker’s portfolio and to unlock value […]

    Chrysler , Fiat
    Fiat Chrysler Automobiles FCA

    FCA reveals U.S. state, federal investigates on diesel emissions

    Fiat Chrysler Automobiles NV has gotten subpoenas from U.S. federal and state authorities, consisting of the Securities and Exchange Commission, related to supposed excess diesel emissions by a few of its automobiles, the car manufacturer revealed in a filing with the SEC on Tuesday. On the diesel emissions concern, FCA stated it has “received numerous […]

    Chrysler , Fiat

    If you're planning an Off-Road Adventure into the outback, as a minimum, you’ll need an air compressor. Be sure to read this guide to choose the best off road 12 volt air compressor.