Business, Technology

Fiat Chrysler Shares Rally as CEO Mike Manley Confirms Outlook After Profit Miss

Fiat Fiat Chrysler CEO Mike Manley (Chris J. Ratcliffe/Bloomberg News)

Fiat Chrysler Automobiles NV shares rallied as investors shrugged off lower-than-expected first-quarter profit and focused on CEO Mike Manley’s confirmation of the carmaker’s 2019 earnings targets.

Gabrielle Coppola | Bloomberg News
May 3, 2019

Fiat Chrysler CEO Mike Manley ‘100% Sure’ Carmaker Can Survive Tech Disruption

Fiat Fiat Chrysler CEO Mike Manley at the Detroit Auto Show in 2018 (Daniel Acker/Bloomberg News)

Fiat Chrysler Automobiles NV is a “house of brands,” and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing from the rise of electric and self-driving cars, according to CEO Mike Manley.

Tommaso Ebhardt
April 29, 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.

Lorenzo Totaro and Daniele Lepido | Bloomberg News
April 8, 2019
Business, Logistics

Fiat Cuts 1,500 Jobs as Canada Plant Reduces Minivan Output

Fiat Daniel Acker/Bloomberg News

Fiat Chrysler Automobiles NV is cutting about 1,500 jobs at a factory in Canada that’s scaling back production due to slowing minivan sales.

Chester Dawson | Bloomberg News
March 29, 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
Government, Business, Technology, Safety

Fiat Chrysler Issues Emissions-Related Recall of 863,000 Cars in US

fca Jeff Kowalsky/Bloomberg News

Fiat Chrysler Automobiles NV recalled almost 863,000 vehicles that violate U.S. emissions standards, another knock for the company after it agreed to make amends for building different trucks and SUVs that polluted more than legally allowed.

Gabrielle Coppola and Ryan Beene | Bloomberg News
March 13, 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.

Gabrielle Coppola | Bloomberg News
February 26, 2019

Fiat Chrysler Sales Miss Estimates

Fiat Motors Factory Sean Proctor/Bloomberg News

Fiat Chrysler Automobiles NV reported a smaller U.S. deliveries gain than expected, as frosty temperatures across much of the country dragged on demand even for the hot-selling Jeep SUV brand.

Gabrielle Coppola | Bloomberg News
February 1, 2019
Government, Business, Logistics

Fiat Chrysler Said to Settle Civil Suit on Diesel-Emissions Violations

Trucks Luke Sharrett/Bloomberg News

Fiat Chrysler Automobiles NV will pay hundreds of millions of dollars to settle a lawsuit brought by the U.S. Justice Department, which alleged some of its diesel-powered vehicles violated clean-air rules, a person familiar with the matter said.

Ryan Beene | Bloomberg News
January 10, 2019
Business, Technology, Autonomous, TCA

Fiat Chrysler Spends $30 Million on Self-Driving Test Site Near Detroit

Fiat logo on vehicle Gene J. Puskar/AP

Fiat Chrysler Automobiles is adding more muscle to its self-driving vehicle testing efforts. The company will spend more than $30 million at a new testing and development facility at its Chelsea Proving Grounds west of Detroit.

Eric D. Lawrence | Detroit Free Press
September 5, 2018