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  • Fiat Chrysler in talks with unions for production restart in Italy

    04/08/2020 8:11:35 AM PDT · by yesthatjallen · 4 replies
    Reuters ^ | 04 08 2020 | Giulio Piovaccari
    MILAN - Fiat Chrysler and unions are discussing plans for beefed-up health measures at Italian plants to pave the way for most profitable production to restart as soon as the government eases a national lockdown, unions said on Wednesday. An extension of a national lockdown due to expire on April 13 cannot be ruled out, but recent coronavirus data allowed growing confidence that the virus was on the retreat in Italy. Measures proposed by FCA’s unions include rearranging assembly layouts, staggering shifts, and marking floors to ensure a one-meter distance is kept between workers, FIM representative Raffaele Apetino said, adding...
  • Exclusive: Ferrari and Fiat look at helping Italy make ventilators in coronavirus crisis

    03/19/2020 12:45:21 PM PDT · by Red Badger · 6 replies
    www.reuters.com ^ | 03/19/2020 | Elvira Pollina, Giulio Piovaccari
    MILAN (Reuters) - Italian carmakers Ferrari and Fiat Chrysler are in talks with the nation’s biggest ventilator manufacturer to help to boost production of the life-saving machines that are urgently needed in the coronavirus crisis, company officials said on Thursday. Italy is at the epicenter of the pandemic and its government has embarked on a big expansion of the number of intensive care beds, many of which will require ventilators to keep patients alive by taking over breathing functions. Siare Engineering in northern Italy, where deaths are nearing 3,000 and climbing sharply, is in talks with Fiat Chrysler (FCA), Ferrari...
  • Fiat Chrysler in talks with Foxconn to develop electric cars

    01/17/2020 8:29:45 AM PST · by Olog-hai · 20 replies
    Associated Press ^ | January 17, 2020
    Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday. Fiat Chrysler is in the process of merging with France’s PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co. Both Fiat Chrysler and Peugeot have lagged in developing electric powertrains and also have been struggling to increase sales in China, the world’s biggest auto market. It was unclear what impact Fiat Chrysler’s proposed joint venture with Foxconn, formally known as Hon Hai Precision Ind. Co., Ltd., would have on the wider merger, which is expected to...
  • GM Hits Fiat Chrysler with Bombshell Corruption Lawsuit

    11/21/2019 8:58:43 AM PST · by fishtank · 14 replies
    IEN ^ | 11-21-19 | Alex Shanahan, Anna Wells
    GM Hits Fiat Chrysler with Bombshell Corruption Lawsuit by Alex Shanahan, Anna Wells 11-21-2019 "GM says Fiat Chrysler has been in cahoots with the UAW for years, and it's cost them billions."
  • California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight

    11/18/2019 12:41:10 PM PST · by SunkenCiv · 110 replies
    Reuters via Yahoo ^ | November 18, 2019 | David Shepardson (editing by Tom Brown)
    California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions. Between 2016 and 2018, California purchased $58.6 million in vehicles from General Motors Corp, $55.8 million from Fiat Chrysler Automobiles $10.6 million from Toyota Motor Corp and $9 million from Nissan Motor Co. Last month, GM, Toyota, Fiat Chrysler and members of the Global Automakers trade association backed the Trump administration's effort to bar California from setting tailpipe...
  • Fiat Chrysler and Peugeot's PSA Reportedly Agree to Merger

    11/07/2019 4:13:15 PM PST · by RomanSoldier19 · 42 replies
    car and driver ^ | OCT 29, 2019 | By COLIN BERESFORD
    The Wall Street Journal is reporting today that the two manufacturers are combining, bringing Fiats, Rams, Citroëns, and Opels under one $46 billion umbrella.
  • Fiat Chrysler agrees mega-merger with Peugeot, Citroen and Vauxhall- [tr]

    10/31/2019 6:21:39 AM PDT · by C19fan · 68 replies
    UK Daily Mail ^ | October 31, 2019 | Simon Lambert
    Two of the world's biggest car companies Fiat Chrysler and PSA - the owner of Peugeot, Citroen and Vauxhall - confirmed that they have agreed a merger today. The move would tie together Fiat Chrysler's major position in North America and PSA's status as Europe's second largest carmaker, to create the world's fourth biggest vehicle firm. The firms say that they could save £3.2billion (€3.7billion or $4.1billion) in costs with the merger, but claim they could do this without any factory closures. However, the deal is likely to face fierce scrutiny as employees and unions fear that it would lead...
  • Fiat Chrysler deal gives Detroit residents 1st crack at jobs

    08/11/2019 9:32:35 AM PDT · by Olog-hai · 10 replies
    Associated Press ^ | August 11, 2019 | Corey Williams
    Marie Davis wants better medical insurance coverage. Jimmie Pleasant has been out of work for six months. Both are among the thousands of people who are looking for jobs with Fiat Chrysler under a city program that gives Detroit’s residents first crack at the application process. It’s part of a $108 million land development deal between an automaker that’s building a massive new plant and a city where the unemployment rate is more than twice the national average. Detroit officials hope the deal with Fiat Chrysler will mean residents have a better shot at good-paying jobs with the automaker, although...
  • Fiat Chrysler proposes merger with Renault, would be third-largest automaker

    05/27/2019 8:13:57 AM PDT · by Java4Jay · 51 replies
    The merged company would reshape the global industry: it would make some 8.7 million vehicles a year, leapfrogging General Motors and trailing only Volkswagen and Toyota.
  • Fiat Chrysler To Build $1.6-Billion Production Facility in Detroit.. Open by Late 2020

    05/27/2019 1:42:07 AM PDT · by Cronos · 21 replies
    ENR ^ | 24 May 2019 | Jeff Yoders
    Fiat Chrysler said May 21 that construction will begin immediately on a new, $1.6-billion assembly plant for Jeep Grand Cherokees, a new Jeep SUV and hybrid cars on Detroit's east side. The automaker receives tax breaks and 215 acres of land adjacent to its Jefferson North Manufacturing plant from the city and state in the deal. The land Fiat Chrysler is getting is valued at $108 million and the tax incentives at a savings of $291 million. To put together the land parcels for the deal, the city of Detroit agreed to purchases and exchanges with prominent landowners such as...
  • Fiat Chrysler bringing 6,400 jobs, $4.5 billion investment to Detroit area

    05/22/2019 5:21:27 PM PDT · by Kid Shelleen · 21 replies
    ABC News via AP (ABC12) ^ | 05/21/2019 | Staff
    Fiat Chrysler says construction is set to begin immediately on a new $1.6 billion assembly plant on Detroit's east side. A representative of the automaker told state officials Tuesday that vehicles are expected to start rolling off the line at the plant by late 2020. The Detroit City Council on Tuesday approved land deals and community benefits agreements tied to the project. Michigan's Strategic Fund was expected to vote Tuesday afternoon on the state's portion of incentives for the project. Fiat Chrysler is pledging to add 6,400 jobs in the Detroit area, including just under 5,000 in the city of...
  • Fiat Chrysler plans to open new assembly factory in Detroit to build SUVs: Sources

    12/06/2018 12:54:02 PM PST · by rdl6989 · 18 replies
    cnbc ^ | December 6, 2018 | Robert Ferris | Phil LeBeau
    Fiat Chrysler plans to open a new assembly factory in Detroit to build sport utility vehicles, people familiar with the matter told CNBC. The move comes as all of Detroit's Big Three automakers abandon sedan lines in favor of more popular and profitable SUVs and cross-over vehicles. The industry is also under pressure from President Donald Trump to keep manufacturing jobs in the U.S.
  • Fiat Chrysler is reportedly ditching diesel cars by 2022

    02/28/2018 8:58:33 AM PST · by Red Badger · 47 replies
    www.theverge.com ^ | Feb 26, 2018, 10:58am EST | By Andrew J. Hawkins
    The automaker recently settled a lawsuit over emissions cheating Fiat Chrysler has become the latest automaker to turn its back on diesel-powered engines as more of the industry pivots to battery-electric vehicles. According to the Financial Times, the Italian-American carmaker will end production of its diesel passenger vehicles by 2022. FCA, which manufacturers Jeep, Dodge, Ram, Chrysler, Maserati, Alfa Romeo, and Fiat, will unveil its four-year plan to phase out diesel vehicles on June 1st, the Times says. A spokesperson declined to comment. "Diesel has been falling out of favor" Diesel has long been promoted by governments and carmakers as...
  • Fiat Empire Full Documentary

    02/07/2018 5:26:59 AM PST · by ThinkingBuddha · 11 replies
    youtube.com ^ | 06/12/2015 | Truth Juice
    Fiat Empire Full Documentary.
  • All ‘Big Three’ factories to be idled, including Fort Wayne GM plant

    03/18/2020 10:28:16 AM PDT · by John W · 26 replies
    ABC21 Fort Wayne ^ | March 18, 2020 | Jonathan Shelley
    <p>FORT WAYNE, Ind. (AP and WPTA21) - Two people briefed on the matter say Detroit's three automakers have agreed to close all of their factories due to worker fears about the coronavirus.</p> <p>Automakers are expected to release details of the closure later today.</p>
  • PSA board signs off on Fiat Chrysler merger: source

    12/17/2019 11:22:54 AM PST · by Red Badger · 30 replies
    Reuters ^ | December 16, 2019 / 5:06 PM / Updated 13 minutes ago | Staff
    MILAN/PARIS (Reuters) - The board of French carmaker PSA (PEUP.PA), the owner of Peugeot, approved a binding agreement for a $50 billion merger with rival Fiat Chrysler (FCHA.MI), a source close to the matter said on Tuesday. A separate Fiat Chrysler (FCA) board meeting was under way to discuss finalizing the memorandum of understanding to create the world’s number four carmaker, the source added, in a deal that would reshape the global car industry. Both companies declined to comment.
  • Tesla makes deal with Fiat Chrysler to pool fleet for EU emission requirement

    04/07/2019 2:22:29 PM PDT · by DUMBGRUNT · 16 replies
    Electrek ^ | 7 April 2019 | Fred Lambert
    Tesla sent out an invite to automakers who could use its important zero-emission fleet in Europe and according to an update on the European Commission’s website, Fiat Chrysler took them up on the offer. It also comes at a great time as Tesla is believed to be under a significant cash crunch following a lackluster first quarter in 2019. That said, Tesla shouldn’t expect it to last for too long because automakers don’t like to send money to their competitors.
  • Sergio Marchionne, the CEO who saved Fiat and Chrysler, dies at 66.

    07/25/2018 4:00:52 AM PDT · by Carriage Hill · 28 replies
    CNN Money ^ | July 25, 2018: 6:49 AM ET | Jackie Wattles, Chris Isidore and Peter Valdes-Dapena
    Auto legend Sergio Marchionne, the charismatic executive who turned Fiat and Chrysler around before combining the companies as a profitable business, died Wednesday. He was 66. "Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone," John Elkann, a member of Fiat's founding Agnelli family, said in a statement.
  • The most difficult letter I have ever had to write': Chrysler told Sergio Marchionne

    07/22/2018 9:08:51 AM PDT · by DUMBGRUNT · 7 replies
    Detroit Free Press ^ | 22 July 2018 | Phil LeBeau,Javier E. David
    In a statement Saturday, he said, "I am profoundly saddened to learn of Sergio’s state of health. It is a situation that was unthinkable until a few hours ago, and one that leaves us all with a real sense of injustice. ..At his side, the reports said, were his two sons and his partner of several years, Manuela Battezzato, who works in FCA communications.
  • Marchionne steps down as CEO of FCA, Jeep boss Manley to replace him

    07/22/2018 8:46:30 AM PDT · by jjotto · 25 replies
    Motor Authority ^ | Jul 21, 2018 | Aaron Cole
    Sergio Marchionne, longtime CEO and chief for Fiat Chrysler Automobiles, stepped down Saturday due to serious complications after surgery, the company announced. Mike Manley, head of Jeep and Ram brands, replaced him. John Elkann, grandson of Gianni Agnelli and chairman of the company that controls FCA, said his family was shocked by Marchionne's failing health. "I am profoundly saddened to learn of Sergio’s state of health. It is a situation that was unthinkable until a few hours ago, and one that leaves us all with a real sense of injustice," Elkann said in a statement. Elkann will fill Marchionne's chairman...