Former UAW vice president charged in corruption investigation

United Automobile Workers (UAW)

U.S. prosecutors in Detroit charged a former high-ranking United Auto Workers official in charge of the labor union’s association with Fiat Chrysler Automobiles (FCA) of misusing funds for lavish purchases for himself and other union authorities. Norwood Jewell, who headed the UAW’s FCA department from 2014 until his retirement in January last year, was charged […]

Fiat Chrysler shares drop following the recent diesel emissions allegations

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles (FCA) shares dropped over 3 percent in New York trading on Friday in middle of investor concern about allegations mounted in court filings concerning alleged excess diesel emissions. The U.S. Justice Department submitted a civil lawsuit against Fiat Chrysler and its VM Motori SpA unit in May last year, alleging the automaker […]

Fiat Chrysler to invest $1 billion in Michigan auto plant, create 2,500 jobs

Fiat Chrysler Automobiles FCA

Fiat Chrysler Automobiles stated it will move production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move that decreases the threat to the automaker’s profit should President Donald Trump pull the United States from the North American Free Trade Agreement (NAFTA). Fiat Chrysler stated would create 2,500 jobs at a factory […]

Fiat Chrysler is unsure about consolidation with Great Wall Motor

Great Wall Motor

Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne stated he was unsure about consolidation with China’s Great Wall Motor was the response, pushing back against the Chinese carmaker’s earlier expressed interest in his company. Talking to press reporters, Marchionne informed there were “sensitive issues related to trans-national mergers,” and he did not think those issues had […]

Fiat Chrysler CEO Marchionne says 2018 targets not impacted by diesel troubles

CEO Sergio Marchionne

Fiat Chrysler Automobiles (FCA) does not anticipate its diesel problems in the United States to have an influence on its short-term company targets to 2018, CEO Sergio Marchionne stated on Friday. The United States Justice Department took legal action against FCA last month, alleging the automaker of unlawfully using software to bypass emission controls in […]

EPA suspected FCA of using defeat device in November 2015

Fiat Chrysler Automobiles (FCA)

U.S. regulators informed Fiat Chrysler Automobiles (FCA) in November 2015 that they presumed a few of the automaker’s vehicles were geared up with secret software allowing them to breach emission control standards, as per the e-mails revealed on Friday. The United States Environmental Protection Agency and California Air Resources Board alleged Fiat Chrysler in January […]

Fiat Chrysler may look for more self-driving supplier partners, says Marchionne

CEO Sergio Marchionne

Fiat Chrysler Automobiles (FCA) might look for more supplier partners to assist it establish and develop self-driving vehicles, CEO Sergio Marchionne stated. The Jeep and Ram brands are strong enough to remain as standalone entities outside FCA, Marchionne likewise stated on a conference call with experts after the company reported record first-quarter outcomes. But he […]

FCA CEO Sergio Marchionne says a General Motors merger still makes sense

CEO Sergio Marchionne

Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne is still interested in a merger with General Motors, stating on last week that it still made sense after General Motors sold its European operations to PSA Group. Marchionne has long promoted more vehicle market mergers to share the prohibitive expenses of making cleaner and more technically advanced […]

Fiat Chrysler attempting to deal with U.S. diesel emissions issue

Fiat Chrysler Automobiles (FCA)

Fiat Chrysler Automobiles (FCA) is still attempting to win U.S. approval to offer 2017 diesel models as the United States government chooses whether to take legal action, CEO Sergio Marchionne stated last week. In January, the Environmental Protection Agency (EPA) and California Air Resources Board (CARB) alleged the Italian-American automaker of unlawfully utilizing hidden software […]