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Posts Tagged ‘FCA news’

Former FCA Executive Pleads Guilty to Federal Charges

Iacobelli takes plea deal; likely to serve 96 months.

by on Jan.23, 2018

FCA's former top negotiator, Alfonse Iacobelli, right, pleaded guilty in the federal investigation of corruption at FCA and the UAW.

One of the key figures in the corruption charges that have damaged the United Auto Workers and raised questions about the management of Fiat Chrysler Automobiles pleaded guilty to federal criminal charges.

Alphonse Iacobelli, Former Fiat Chrysler Automobiles labor relations chief, pleaded guilty to two charges related to a conspiracy to siphon millions from an employee training fund operated jointly by the company and the union. Sentencing was delayed to May 29, but Iacobelli could face up to 96 months in prison, according to the plea deal with federal prosecutors.

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Iacobelli pleaded guilty to conspiring to violate the Labor Management Relations Act and for subscribing a false tax return before U.S. District Judge Paul Borman in Detroit. (more…)

FCA Arguing About Viability of Midsize Pickup

Ford joins GM, Toyota and Nissan in booming segment.

by on Jan.19, 2018

CEO Sergio Marchionne said there has been a lot of pushback on the idea of building a midsize pickup truck.

Executives inside what is now Fiat Chrysler Automobiles N.V. have been arguing about building a midsize pickup truck for nearly a decade, FCA CEO Sergio Marchionne told the media this week during a meeting at the North American International Auto Show.

Marchionne told reporters that FCA had not made any decisions on a future midsize pickup even as Ford Motor Co. revealed its new Ford Ranger during the press previews for the NAIAS.

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“We’re still studying it,” said Marchionne, who acknowledge that the midsize segment where the new Ranger will compete with the Chevrolet Colorado, Toyota Tacoma and Nissan Frontier have has come alive in the last couple of years.  (more…)

UAW Protesting Against Fiat Chrysler at NAIAS 2018

Union plans to picket on Sunday over lost Toledo jobs.

by on Jan.18, 2018

The UAW is planning to protest against Fiat Chrysler in front of Cobo Center in Detroit.

Members of the United Auto Workers from the Jeep Local, UAW Local 12, are planning a demonstration at the North American International Auto Show in Detroit on Sunday.

The protest targets Fiat Chrysler Automobiles N.V. for its plans to eliminate jobs at a transportation unit in the Jeep manufacturing complex where FCA is preparing to launch a new version of one of Jeep’s signature products — the new Wrangler.

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“They never talked to us,” said Bruce Baumhower, president of UAW Local 12, which kicked off the campaign to halt the FCA’s plans to eliminate the jobs earlier this week with a demonstration at the Toledo complex. (more…)

Jeep Cherokee Gets a More Conventional Look for 2019

Less “polarizing” headlights, but still some “weirdness” in the design.

by on Jan.16, 2018

The Trackhawk and Limited versions of the 2019 Jeep Cherokee finally break cover.

SUVs and crossover-utility vehicles are the hottest things on the market right now, accounting for half of U.S. new vehicle sales last year, and few brands have done a better job riding that wave than Jeep.

The Fiat Chrysler Automobiles brand is looking to hit record global sales of 2 million this year. That’d be double what Jeep  delivered as recently as 2014 and more than triple its volume when Chrysler was taken over by Italy’s Fiat at the beginning of the decade.

Auto Show News!

Give credit to several factors, including not only the surge in overall demand for utility vehicles but the rapid expansion of the Jeep line-up and the race to keep existing models fresh. That includes the 2019 Jeep Cherokee that’s making its debut at this year’s North American International Auto Show.

(more…)

GM’s Barra Optimistic NAFTA Will Survive; Won’t Pull Silverado Out of Mexico

"I'm very confident NAFTA will be modernized."

by on Jan.14, 2018

Renegotiating NAFTA will be "good for all three countries" in the deal, said GM CEO Barra.

Even as Fiat Chrysler gets ready to pull its full-size pickup truck production out of Mexico, General Motors CEO Mary Barra told reporters over the weekend that GM will continue building its own trucks South of the Border.

Barra, who had briefly served on President Donald Trump’s corporate advisory council until it was disbanded early last year, has been one of the business world’s more vocal supporters of the controversial Commander-in-Chief’s economic policies. And she again defended the administration’s efforts to renegotiate the North American Free Trade Agreement.

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“I’m very confident NAFTA will be modernized and it will be very good for all three countries,” Barra said during a scrum following the debut of the all-new 2019 Chevrolet Silverado pickup.

(more…)

FCA Investing $1b, as Ram HD Pickup Moved From Mexico to Michigan

Move to create 2,500 new jobs.

by on Jan.12, 2018

Like its competitors, FCA has been pushing rapidly up-market with its pickups, the 2018 Ram 2500 Tungsten model shown here.

Fiat Chrysler Automobiles plans to invest $1 billion in a suburban Detroit assembly plant that will take over production of the Ram heavy-duty pickup in 2020. The truck currently is assembled in a Mexican factory that will be “repurposed” for another global product, FCA said.

The shift to the Warren Truck Assembly Plant will result in the creation of 2,500 new U.S. jobs, according to FCA. Separately, the Euro-American automaker announced plans to pay $2,000 bonuses to 60,000 U.S. hourly and salaried employees this coming spring.

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“These announcements reflect our ongoing commitment to our U.S. manufacturing footprint and the dedicated employees who have contributed to FCA’s success,” said FCA Chief Executive Office Sergio Marchionne. “It is only proper that our employees share in the savings generated by tax reform and that we openly acknowledge the resulting improvement in the U.S. business environment by investing in our industrial footprint accordingly.”

(more…)

Fiat Chrysler Recalling 1.8M Ram Pickups

Automaker is working on a fix for the problem.

by on Dec.26, 2017

FCA is recalling 1.8 million Ram pickups due to a problem with the shift interlock.

Fiat Chrysler is recalling 1.8 million Ram pickups. The trucks can shift out of park due to a problem with the shift interlock and roll away without pressing the brake pedal.

The company said the problem is potentially related to seven injuries and a “small number” of accidents. According to FCA, testing show the interlock is exposed to high temperatures for long periods of time. The interlock is designed to keep the transmission from shifting out of park when the brake pedal isn’t depressed and there is no key in the ignition.

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The recall is limited to trucks with shifters on the steering column. Rotary-dial shifters or floor-mounted shifters are not impacted by the recall. Model year 2017 trucks build after Dec. 31, 2016, are also exempt. (more…)

Fiat Chrysler Eyes Alliance with Hyundai

Marchionne says no merger in the works.

by on Dec.04, 2017

FCA CEO Sergio Marchionne said an alliance or a partnership with Hyundai would make sense for FCA.

After seemingly laying off talking about potential deal, Fiat Chrysler Automobiles CEO Sergio Marchionne is at it again, talking up the possibility of a partnership with Hyundai on technical projects.

Marchionne, during an appearance in Milan over the weekend, was careful to rule out any kind of merger with Hyundai after a flurry of reports this summer that FCA as eager to find merger partners for its automotive business.

Global Auto News!

“We already buy components from (Hyundai) … let’s see if we can agree on other points, especially for the development of transmissions and hydrogen,” Marchionne told journalists, adding there was “nothing to announce for the moment.”  (more…)

Ten Automakers Earn Perfect Scores LGBTQ Equality

No automakers made the list in 2002.

by on Nov.10, 2017

Fiat Chrysler earned high LGBTQ scores from the Human Rights Campaign.

Carmakers face challenges in recruiting talent in today’s tight market and Detroit has a daunting reputation to live down in many parts of the world.

But the Human Rights Campaign, which monitors how employers treat LGBTQ employees, has given nine automakers a 100% rating on HRC’s 2018 Corporate Equality Index.

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Fiat Chrysler, Ford, General Motors, Hyundai, Nissan, Rolls-Royce, Subaru, Tesla, Toyota and Volkswagen all made this year’s list with perfect scores. (more…)

Marchionne Spoke With Feds in FCA/UAW Training Center Probe

FCA CEO brought criminal defense lawyer with him.

by on Nov.07, 2017

FCA CEO Sergio Marchionne was interviewed by federal officials last year in the probe of criminal activity of a FCA/UAW training fund.

Sergio Marchionne, CEO of Fiat Chrysler Automobiles N.V., apparently met with the U.S. attorney in Detroit to discuss the federal government’s ongoing investigation into criminal activity involving a joint training fund maintained by FCA and the United Auto Workers.

During the interview last year, Marchionne was accompanied by a prominent criminal attorney, according to press reports that emerged this week.

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General Motors and Ford officials have recently confirmed that they are also cooperating with the federal probe into the joint training centers they operate with the UAW with money from the so-called “nickel fund,” which was created in the 1980s to help pay for training of autoworkers. The fund collects what amounts to a small tax for every hour of overtime worked by UAW members. (more…)