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Tag Archives: fca
Trade Wars: FCA to Expand Production Capacity in Michigan
Given his vast international experience, Manley appears ideal to negotiate the choppy waters of ongoing and yet unknown trade wars and protect FCA’s investment of nearly $14.5 billion since 2009, with ~30,000 jobs created to date. All automakers are against Trump trade policy by twitter. Continue reading
Gravely Ill Sergio Marchionne out at Fiat Chrysler Automobiles. Trucker Mike Manley now CEO
“In the meantime, to provide for his full authority and operational continuity for the company, the Board has with immediate effect granted Mr. Manley all the powers of CEO. He will also assume responsibility for the NAFTA region. Continue reading
Posted in auto news, people
Tagged alfa romeo, auto informed, autoinformed.com, chrysler, fca, ferrari, jeep, Ken Zino, Michael Manley, ram, sergio marchionne
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FCA Sells Minivans to Google’s Waymo for Driverless Use
Google’s self-driving wing Waymo – a clear threat to established automakers – will expand its fleet with an agreement to add up to 62,000 Chrysler Pacifica Hybrid minivans. Given Chrysler’s dubious safety record, it’s a risky proposition in AutoInformed’s view. Continue reading
Posted in auto news, autonomous cars, autonomous vehicles, electronics, transportation
Tagged autoinformed.com, autonomous vehicles, fca, google, john krafcik, Ken Zino, Waymo
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FCA Joins BMW, Intel, Mobileye on Autonomous Driving Development
“To advance autonomous driving technology, it is vital to form partnerships among automakers, technology providers and suppliers,” said FCA Chief Executive Officer Sergio Marchionne, whose financially fragile company or parts of it are being explored for possible sale by a Chinese automaker.
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US v Fiat Chrysler on Diesel Emissions Defeat Devices
The complaint alleges that the undisclosed software functions cause the vehicles’ emission control systems to perform differently, and less effectively, during certain normal driving conditions than on federal emission tests, resulting in increased emissions of harmful air pollutants. In other words, Volkswagen – the American-Italian sequel. Continue reading
Chrysler Portal Concept, Millennial Family Wheels, New at CES
In what it is calling the “fifth generation” of family transportation – the Chrysler Portal concept debuted today at the Consumer Electronics Show in Las Vegas. Eschewing its home town auto show, NAIAS that opens next week, the electric-powered Portal is estimated to have more than 250 miles of range on a full charge. Continue reading
Posted in concept, electric vehicles, electronics
Tagged autoinformed, autoinformed.com, CES, Chrysler Portal Concept, fca, Ken Zino, millennials
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FCA Sales Reporting Crisis has Broad Industry Implications
The outcomes of both legal matters potentially have broad implications for the sales reporting practices of automakers and dealerships and how demos are subsidized.
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Posted in auto news, litigation, news analysis
Tagged autoinformed, autoinformed.com, DOJ SEC, fca, Ken Zino
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Dodge Charger Tire Jacks Recalled for Sill Failures
FCA said it is aware of three hand injuries potentially related to this issue. Continue reading
Napleton Automotive Sues FCA for False Sales Reporting
FCA US and FCA Realty are being sued by two dealerships of the larger Ed Napleton Automotive Group in Federal Court in Illinois over allegations of false sales reporting. Continue reading
Fiat Ferrari Spinoff Set for January 1-3
As part of the spinoff, FCA shareholders will receive one common share of Ferrari for every ten common shares of FCA and one special voting share of Ferrari for every ten special voting shares of FCA held. Continue reading
NHTSA Whacks Chrysler with Record $105m Safety Penalty
In an unusual Sunday release, U.S. Transportation Secretary Anthony Foxx announced yesterday that Fiat Chrysler Automobiles acknowledged violations of the Motor Vehicle Safety Act’s requirements to repair vehicles with safety defects. Continue reading
Posted in litigation, recalls, safety
Tagged autoinformed, autoinformed.com, fca, Ken Zino, nhtsa
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New Alfa Romeo Engines Coming
FCA (Fiat Chrysler) will invest more than $540 million to produce two new engines for its Alfa Romeo as part its latest attempt to revive the once proud Italian brand. Continue reading
Posted in manufacturing, new vehicle
Tagged alfa romeo, autoinformed, autoinformed.com, fca, Ken Zino
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FCA is New Name for Fiat Chrysler Automobiles
Chrysler Group, the twice taxpayer bailed-out Michigan-based automaker, today announced that it has changed its company name to FCA US LLC. Continue reading
FCA – First Earnings since Chrysler Merger Mixed to Weak
Worrisome was a huge charge that FCA took for the cost of safety recalls and warranty repairs in the U.S. – a whopping €200 million for Q3 alone. Continue reading
Posted in financial results, news analysis, people
Tagged autoinformed, autoinformed.com, fca, Ken Zino
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Fiat-Chrysler Recalls More Than 850,000 Passenger Vehicles
In most of the country the real news is that this is a voluntary recall. But in California, drivers who fail to get the necessary repairs will not be able to register their vehicles. NOx emissions in California are the most important contributor to ambient ozone and a key contributor to fine particulate matter pollution (PM 2.5) which is associated with premature death, asthma emergency room visits, increased hospitalizations due to exacerbation of chronic heart and lung diseases, and other serious negative health problems. There is also a corporate health problem in that the cost of the health defect will likely be material to financial results, thereby requiring an SEC filing. Continue reading →