Fiat

Business, Technology, Fuel, Autonomous

IPhone Manufacturer Wades Into Electric Cars With Fiat Venture

iPhone 11 iPhone 11 by Chris Ratliffe/Bloomberg

Hon Hai Precision Industry Co., the iPhone assembler that’s part of Foxconn Technology Group, plans to establish a joint venture with Fiat Chrysler Automobiles NV to develop and make electric vehicles in China.

January 16, 2020
Business, Equipment, TCA

Two Fiat Chrysler Plants Will Idle for Two Weeks Amid Slow Sales

Fiat Belvidere plant Fiat Chrysler's Belvidere Assembly Plant. (FCANorthAmerica.com)

Fiat Chrysler Automobiles NV’s assembly plants in Windsor, Ontario, and Belvidere, Ill., will idle for two weeks this month following a year of declining sales for the minivans and SUVs built in those plants.

Breana Noble | The Detroit News
January 10, 2020
Business, Technology, Autonomous

Fiat Chrysler, Peugeot Sign Deal for 50-50 Merger

Fiat logo on vehicle Antonio Calanni/AP

MILAN — The boards of Fiat Chrysler Automobiles and PSA Peugeot on Dec. 18 signed a binding merger deal creating the world’s fourth-largest automaker with the scale to confront the challenges of stricter emissions regulations and the transition to new driving technologies.

December 18, 2019
Government, Business, Technology

PSA’s Board Approves Merger With Fiat Chrysler

Fiat Chrysler assembly line A Fiat Chrysler production line at an assembly plant in Sterling Heights, Mich. (Jeff Kowalsky/Bloomberg News)

The board of Italian-American automaker Fiat Chrysler Automobiles NV approved a merger with PSA Group of France to create the world’s fourth-biggest auto manufacturer, people familiar with the situation said.

December 17, 2019
Business

UAW Workers Ratify Contract With Fiat Chrysler

Fiat logo on vehicle Bob Edme/Associated Press

DETROIT — Unionized workers at Fiat Chrysler have voted overwhelmingly to approve a new four-year contract with the company.

Tom Krisher | Associated Press
December 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, Technology, Autonomous

Fiat Chrysler, Peugeot to Create Fourth-Biggest Carmaker

Fiat logo on vehicle Antonio Calanni/AP

MILAN — Fiat Chrysler and France’s PSA Peugeot said Oct. 31 they have agreed to merge to create the world’s fourth-largest automaker with enough scale to confront big shifts in the industry, including a race to develop electric cars and driverless technologies.

October 31, 2019
Business, Technology, Autonomous

Fiat Chrysler Confirms Talks With French Carmaker Peugeot

Fiat logo Antonio Calanni/AP

MILAN — Italian-American carmaker Fiat Chrysler Automobiles on Oct. 30 confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry, which is facing huge challenges with the transition to electric and autonomous vehicles.

October 30, 2019
Government, Business

Fiat Chrysler to Pay $40 Million Fine for Overstating Sales Numbers

Closeup of Fiat logo Antonio Calanni/Associated Press

DETROIT — Fiat Chrysler is paying $40 million to settle with U.S. securities regulators who say the automaker misled investors by overstating its monthly sales numbers over a five-year period.

Tom Krisher | Associated Press
September 27, 2019
Government, Business

Fiat Chrysler Deal Gives Detroit Residents First Crack at Jobs

Mike Duggan Mayor Mike Duggan speaks with Detroit residents. (Corey Williams/AP)

A city program gives Detroit residents first crack at jobs with Fiat Chrysler.

Corey Williams | Associated Press
August 12, 2019

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