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Fiat Chrysler Rides Ram to Second Quarter Profits

Fiat Chrysler Rides Ram to Second Quarter Profits

Fiat Chrysler rode strong full-size pickup sales to a strong second quarter result with net profit from continuing operations at €0.8 billion, or $891.4 million on revenue of €26.7 billion, or $29.8 billion. The company’s net income was up 14% while the revenue...
Ram Takes No. 2 Spot in Pickup Sales from Chevy Silverado

Ram Takes No. 2 Spot in Pickup Sales from Chevy Silverado

For much of the past year, Fiat Chrysler’s Ram brand has been creeping up on Chevrolet’s sales of the full-sized Silverado. That is no longer the case as during the second quarter, Ram outsold Silverado for the first time, taking over the No. 2 spot behind Ford. Ram...
FCA Doesn’t Know the Meaning of the Word “Old”

FCA Doesn’t Know the Meaning of the Word “Old”

The word “old” apparently has vanished from the vocabulary of Fiat Chrysler Automobiles N.V. product planning department. Tim Kuniskis, head of passenger car sales FCA North America, said during session with reporters at an event FCA’s proving grounds in Chelsea,...
First Drive: 2020 Chevrolet Silverado 1500 Diesel

First Drive: 2020 Chevrolet Silverado 1500 Diesel

The diesel emissions scandal that enveloped Volkswagen a few years back has done a lot to tarnish “oil burners.” After gaining traction in the early part of the decade, a number of manufacturers have walked away from the high-mileage powertrain technology. There are a...
U.S. New Vehicle Sales Tick Upward in May

U.S. New Vehicle Sales Tick Upward in May

With Fiat Chrysler and Toyota leading the way, automakers surprised on the upside in May, posting modest sales increases for the month. FCA, where overall sales increased 2%, reported setting three records in May, led by the Ram brand which notched its 12th...
What Next for Fiat Chrysler and Renault?

What Next for Fiat Chrysler and Renault?

The French government is weighing in on the proposed Fiat Chrysler-Renault merger plan and underscores the potential challenges the automotive merger faces before it can be completed. Following four months of talks, FCA on Monday proposed a merger-of-equals with the...
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...