chrysler

Business

Fiat Chrysler Agrees to Costly Pay Bumps for Lower-Wage Workers

Fiat logo Bob Edme/Associated Press

Fiat Chrysler Automobiles NV agreed to pay $29,500 in wage increases and bonuses to the typical United Auto Workers member over the next four years, according to a summary of a pact reached with the union last week.

Gabrielle Coppola | Bloomberg News
December 4, 2019
Business

Chrysler Prodded Dealers Over 40,000 Cars They Didn’t Want

Chrysler cars sit at a lot Fiat Chrysler automobiles sit on a lot at Bettenhausen Motor Sales Jeep Chrysler Dodge RAM in Tinley Park, Ill., on Sept. 30, 2019. (Daniel Acker/Bloomberg News)

Fiat Chrysler Automobiles NV has been manufacturing more cars and trucks than its U.S. dealers are willing to accept, at one point creating a nationwide stock of about 40,000 unordered vehicles and stoking tension with some of its retailers.

Gabrielle Coppola | Bloomberg News
November 12, 2019
Business, Technology, Autonomous

Fiat Chrysler Posts Record North America Earnings, Margins in Q3

Fiat logo Bob Edme/Associated Press

Fiat Chrysler Automobiles NV delivered record third-quarter pre-tax earnings in North America and a best-ever 10.6% margin, the automaker said Oct. 31, a sign to its would-be French partner, Groupe PSA, that it could be a strong ally on the continent.

Breana Noble | The Detroit News
November 1, 2019
Business

Fiat Chrysler Surges From North American Sales of Ram, Jeep Models

Fiat Fiat CEO Mike Manley (Daniel Acker/Bloomberg News)

Fiat Chrysler Automobiles NV jumped the most in two months after soaring sales of its Ram pickup truck delivered higher profits in North America and offset weakness in Europe.

July 31, 2019
Business

Lee Iacocca, Engineer of Chrysler’s Turnaround, Dies at 94

Late Chrysler Corporation Chairman Lee Iacocca sits in a 1990 Dodge Viper sports car Late Chrysler Corporation Chairman Lee Iacocca sits in a 1990 Dodge Viper sports car. (Osamu Honda/Associated Press)

DETROIT — Lee Iacocca, the auto executive and master pitchman who put the Mustang in Ford’s lineup in the 1960s and became a corporate folk hero when he resurrected Chrysler 20 years later, has died in Bel Air, Calif. He was 94.

Tom Krisher and Dee-Ann Durbin | Associated Press
July 3, 2019
Government, Business, Fuel

Fiat to Pool Cars With Tesla to Meet CO2 Reduction Targets

Daniel Acker/Bloomberg News

Fiat Chrysler Automobiles NV is pooling its fleet with Tesla Inc. to comply with stricter European Union rules on carbon dioxide emissions in a deal that is likely to pay the U.S. electric-car leader hundreds of millions of dollars.

April 8, 2019
Business, Technology

Will Jeep Gladiator Conquer Rivals in Pickup Truck Arena?

The Jeep Gladiator (Patrick T. Fallon/Bloomberg News)

Americans bought 524,000 small, starter pickup trucks last year — about 1,400 a day — but not one of them had removable doors. In a few weeks, that small but noteworthy gap in the market will be filled by the Jeep Gladiator, a new rig that represents Fiat-Chrysler’s initial bid to re-enter one of the industry’s hottest segments.

Kyle Stock | Bloomberg News
March 25, 2019
Business, Equipment, Logistics

Warning Signs Flash for Detroit as Jeep Wranglers Pile Up on Dealer Lots

Jeep Balint Porneczi/Bloomberg News

An unexpected spike in inventory of Fiat Chrysler Automobile NV’s iconic Jeep is stoking concern that the American SUV boom that has fueled Detroit automakers’ profit is reaching its limits.

February 26, 2019
Business

Detroit Pickup Truck Sales Drop as US Auto Demand Poised to Slow

Fiat Chrysler Automobiles NV Jeep Wrangler vehicles are unveiled during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, Calif. Nov. 29, 2017. (Patrick T. Fallon/Bloomberg News)

General Motors Co. and Fiat Chrysler Automobiles NV reported hefty sales declines for the big trucks they’re overhauling this year, a troubling sign for a lucrative segment that’s held up well as the broader U.S. auto market shrinks.

Jamie Butters | Bloomberg News
March 1, 2018
Business

Chrysler to Buy Back Recalled Ram Pickups

Fiat Chrysler Automobiles

Fiat Chrysler Automobiles NV has agreed to repurchase more than half a million vehicles — most of them Ram pickups — as part of a settlement with the federal government that also includes a record $105 million penalty for delaying action on safety defects in its vehicles, Bloomberg News reported.

July 27, 2015

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