Fiat Chrysler proposed a 50-50 percent merger Monday with Renault, a union that would create the world’s third biggest automaker. The merger, if it happens, would vault the new company, with annual sales of 8.7 million vehicles, into a position ahead of General Motors and behind only Volkswagen and…
Read More
by Tyler Arnold Fiat Chrysler Automobiles (FCA) is applying for up to $160 million in tax incentives from the state of Michigan to help offset some of the costs of the company’s planned investment in Detroit. “We are excited to make a multi-billion-dollar investment that will create thousands of…
Read More
Reuters Fiat Chrysler named on Saturday its Jeep division boss, Mike Manley, to take over immediately for Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery. The carmaker said British-born Manley, who also takes responsibility for the North America region, will push ahead with…
Read More
Fiat Chrysler Automobiles initiated a voluntary recall of 494,417 Dodge Ram 2500 trucks worldwide after a potential of fire due to a malfunctioning water pump was discovered. “Affected are model-year 2013-17 Ram 2500 and 3500 pickups; and 3500, 4500 and 5500 chassis cabs,” the company said in a statement, released…
Read More