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Fiat Chrysler and Renault Poised to Form New Alliance

Fiat Chrysler and Renault Poised to Form New Alliance

What appeared to be a two-horse race to partner up with Fiat Chrysler Automobiles N.V. is now just down to one – Renault SA – with a deal potentially announced as early as Monday. The deal, which was reported first by Bloomberg News, not only provides some each...
Product Launches Hammer FCA’s Q1 Earnings

Product Launches Hammer FCA’s Q1 Earnings

Fiat Chrysler Automobiles reported profits dropped 41% in the first quarter as a slump in sales in key markets cut the company’s revenues by 5 percent. The automaker attributed the decline to the normal production challenges related to an array of new product launches...
Big Three Group Supports Trump Report on USMCA Benefits

Big Three Group Supports Trump Report on USMCA Benefits

Detroit’s automakers are rushing to defend a report from the Trump administration that touts the benefits of the new North American Free Trade Agreement. The Trump administration report, produced by the United States Trade Representative (USTR), was released Thursday...
Fiat Chrysler Confidently Pays First-Ever Dividend

Fiat Chrysler Confidently Pays First-Ever Dividend

The top executives of Fiat Chrysler Automobile N.V. delivered an upbeat assessment of the company’s future prospects during the company annual shareholder meeting in Amsterdam, agreeing to pay a dividend to shareholders for the first time since Fiat took effective...
UAW Leaders Meet as Prelude to Bargaining With Automakers

UAW Leaders Meet as Prelude to Bargaining With Automakers

The United Auto Workers heads into its bargaining convention this week against tumultuous backdrop that includes suddent plant closing, a grinding federal investigation of the union’s handling of training funds and grumbling among union members, who have made it plain...