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Posts Tagged ‘FCA news’

France Investigating FCA for Diesel Emission Violations

Automaker joins Volkswagen, PSA Group and Renault in group of potential violators.

by on Mar.21, 2017

FCA is under investigation by French prosecutors for diesel emissions violations. The company said its vehicles are compliant.

Less than a week after clearing Opel of wrongdoing in diesel emissions testing, French prosecutors are investigating Fiat Chrysler Automobiles over similar allegations, according to Reuters.

“I can confirm that a judicial investigation has been opened into aggravated cheating,” the source told Reuters.

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Recently, four automakers were referred to authorities for further investigation – and possible prosecution – after testing by French authorities revealed higher than allowable diesel emission elvels. The four were Volkswagen, Renault, FCA and PSA Group. (more…)

Marchionne Changes Course, Claims No Interest in VW Tie-Up

However, FCA's CEO did say he would listen to any pitch from VW.

by on Mar.16, 2017

FCA CEO Sergio Marchionne says he's not interested in a merger with Volkswagen.

After preaching for years about the need for a broad consolidation in the global automobile industry, Fiat Chrysler Automobiles CEO Sergio Marchionne has reversed course or perhaps gotten cold feet.

Following a meeting with President Donald Trump, Marchionne told reporters that he had no interest in pursuing a possible merger with Volkswagen, the world’s largest automaker and the top automaker in Europe where FCA’s European brands are facing the potential of more intense competition from combination of Opel/Vauxhall and PSA.

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Once the PSA takeover of Opel/Vauxhall is completed later this year, it will be the second-largest carmaker in Europe. (more…)

FCA, VW, Patching up Differences, Could See Joint Opportunities

Volkswagen CEO opens door to “conversation.”

by on Mar.15, 2017

VW CEO Matthias Mueller has been struggling to dig the maker out of its diesel scandal.

Volkswagen CEO Matthias Mueller, apparently picking up on recent comments by his counterpart at Fiat Chrysler Automobiles, opened the door to “a conversation” on Tuesday, something some observers suggest could lead to merger talks between the two companies.

Mueller’s comment, which was made during a news conference called to discuss VW earnings, came barely a week after CEO Sergio Marchionne said a merger between FCA and some other manufacturer “will happen” in the coming years.

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Talk of mergers, acquisitions and alliances in the global auto industry has escalated in the wake of General Motors’ decision to sell its long-troubled German-based Opel/Vauxhall unit to France’s PSA, the parent of the Peugeot and Citroen brands.

(more…)

Marchionne: Opel Deal Could Accelerate Industry Push for Consolidation

“A step in the right direction,” FCA CEO still looking for his own alliance.

by on Mar.07, 2017

FCA CEO Sergio Marchionne believes the GM/PSA deal for Opel portends a deal for Fiat Chrysler in the future.

The sale of Opel to French automaker PSA reverberated through the PALExpo convention center on the opening day of the Geneva Motor Show, a number of industry leaders saying they expect GM’s move to dump its long-troubled European brand will lead to a wave of new mergers and acquisitions.

That includes Sergio Marchionne, CEO of Fiat Chrysler Automobiles, who has spent a number of years trying to line up a deal for his own company. General Motors’ decision to dump Opel, Marchionne said during a Geneva media roundtable, could improve the odds of FCA now finding a partner.

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“What we witnessed is a step in the right direction,” Marchionne told a crowd of reporters. Responding to a question about the impact the Opel sale will have on the industry, the FCA chief offered a question of his own. “Will it lead to other deals? The answer is yes, especially if (the takeover) is successful.” (more…)

Dodge Continues Demon’s Slow Striptease

Expect something around 900 hp – and factory stock, street legal drag tires.

by on Mar.03, 2017

Dodge continues to let out Demon details in drips and drabs before the New York Auto Show.

Drip, drip, drip.

We are still more than a month away from the New York International Auto Show. And that means we have a lot more teasers coming from Fiat Chrysler as it slowly preps us for the Big Apple debut of the Dodge Demon.

News Now!

What appears to be indisputable is that the special-edition Challenger will take the Hellcat up by several big notches, turning out an estimated 900 horsepower, or somewhere around 200 more than the current, 707 hp Challenger Hellcat. (more…)

Fiat Chrysler Subpoenaed By Feds Over Diesel Emissions Allegations

VW spends nearly $3b on diesel buyback.

by on Mar.01, 2017

A Ram 1500 EcoDiesel.

The investigation of allegations Fiat Chrysler Automobiles cheated on diesel emissions is moving into high gear, the maker revealing he has received subpoenas from a variety of federal authorities.

The smallest of the Detroit automakers in January announced it was coming under investigation for allegedly rigging its diesel engines to pass tough U.S. emissions standards. FCA Chief Executive Sergio Marchionne rejected those charges during a news conference at the North American International Auto Show.

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The FCA investigation ramps up just as Volkswagen begins to wrap up its own diesel emissions scandal. Court documents released this week revealed that the German maker has so far spend $2.9 billion to buy back vehicles sold in the U.S. using a rigged, 2.0-liter turbodiesel. VW set aside $10 billion for buybacks as part of a settlement with the government announced last July.

(more…)

First Drive: 2017 Jeep Compass

All-new crossover lives up to Jeep's off-road reputation.

by on Feb.27, 2017

The 2017 Jeep Compass replaces the previous generation model as well as the Patriot.

Any vehicle carrying the Jeep nameplate is expected to maintain the brand’s reputation for off-road capability even when chances are it is going to spend most of life on city or suburban streets, local highways and maybe on an occasional gravel road.

The all-new 2017 Jeep Compass certainly maintains the brand’s character. The 4×4 Trailhawk version of the Compass will certainly wade over rocks with the best of them and even 4×2 version of the can ford a shallow river with ease and style.

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The new Jeep compact crossover utility vehicle is now replacing the older version of the Compass and the Patriot, which were more or less grafted onto the Jeep model line several years ago thanks to some clever work by engineers and designers. As crossover vehicles became steadily more popular, the Compass and Patriot accounted for a substantial chunk of the sales the compact CUV segment even though purists insisted they really didn’t have an authentic Jeep pedigree. (more…)

Jeep Sales Likely to Flatten This Year

Retooling in U.S. may cost some sales while China, Brazil expected to be strong.

by on Feb.22, 2017

FCA is moving production of the Jeep Cherokee from Ohio to Illinois as part of its production overhaul.

After a long run up in sales, Jeep sales in the United States will probably be flat or down slightly this years as Fiat Chrysler Automobiles N.V. pulls back from sales to rental car fleet and moves through a series of new product launches that require closing key plants for model changes.

However, Mike Manley, head of Jeep Brand, also said that the Jeep brand could still post a modest sales increase in Europe, China and South America, particularly in Brazil.

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In China, for example, sales of Jeep branded vehicles increased by 131% last years to more than 147,000 vehicles. Manley said he expects another big increase in Jeep sales in China this year since it will have three different vehicles, the Cherokee, the Renegade and the new Compass, available for Chinese customers. Jeep will also have the capacity to build 350,000 units in China and could build more as demand increases. (more…)

FCA Laying Off 3,200 Employees in Toledo as Plant Transformation Begins

Marchionne's master plan being put into action.

by on Feb.16, 2017

FCA is moving production of the Jeep Cherokee from Ohio to Illinois as part of its production overhaul.

This story has been updated with new information.

Fiat Chrysler Automobiles plans to lay off more than 3,000 hourly workers as moves into the next stage of its manufacturing transformation, shifting car production to plants outside of the U.S., and allowing U.S. plants to build the company’s more profitable trucks and SUVs.

FCA expects to temporarily lay off 3,200 workers starting in April as it begins $700 million retooling of a plant in Toledo, Ohio, to build the next-generation Wrangler.  The workers will be laid off for up to six months, according to documents the company filed with the city and the state, and reported by the (Toledo) Blade.

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The layoffs were not a surprise, Jodi Tinson, an FCA spokesperson, told the Detroit Free Press. The plant currently produces the Jeep Cherokee and needed to end Cherokee production in Toledo in an adjacent plant and prepare for production of a new Wrangler there.  (more…)

Mopar Marks 80th Anniversary with Debut of Limited Edition Challenger

Mopar '17 Dodge Challenger is eighth in ongoing series.

by on Feb.10, 2017

Mopar chief Pietro Gorlier shows off the two versions of the Mopar '17 Dodge Challenger.

Mopar is celebrating its 80th anniversary in style, rolling out a customized version of the Dodge Challenger at this year’s Chicago Auto Show.

The Mopar ’17 Dodge Challenger is the latest in a series of limited-edition muscle cars from the parts division of Fiat Chrysler Automobiles. Only 160 of them will be offered, split evenly between two distinctive color schemes.

Product News!

“Since its birth in 1937, Mopar has evolved from the name of an antifreeze product to a global customer-care brand,” said Pietro Gorlier, the head of the parts brand. “The Mopar ’17 Dodge Challenger, our latest limited-edition vehicle, is a testament to this philosophy, showcasing how Mopar assists owners in personalizing all FCA U.S. vehicles.” (more…)