By on July 27, 2015

2009_Dodge_RAM_1500_SLT_4-door_pickup_--_NHTSA_01

After this morning’s announcement that Fiat Chrysler Automobiles would be subject to one of the largest civil penalties for an automaker, reports that the automaker could be on the hook for $2.5 billion in cars aren’t true, the automaker said today.

“While such amounts may exceed the $20 million, contrary to certain reports, FCA US does not expect that the net cost of providing these additional alternatives will be material to its financial position, liquidity or results of operations,” the automaker said in a statement.

In other words, expect to find some screaming deals on Ram trucks in the next few months.

(Read More…)

By on July 27, 2015

FCA US LLC HQ WTFBBQ

In an order detailing the largest civil penalty for an automaker so far, the National Highway Traffic Safety Administration said Monday that Fiat Chrysler Automobiles could have to buy back 500,000 defective trucks and accept trade-in above market value for 1 million defective Jeeps .

The automaker’s record $105 million fine includes a $70 million penalty, $20 million set aside for meeting safety standards dictated by the federal bureau and an additional $15 million in penalties if an independent monitor discovers further safety violations.

(Read More…)

By on July 23, 2015

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Fiat Chrysler Automobiles formally filed its initial public offering on Thursday to spin off Ferrari into its own separate company.

The filing doesn’t specify price or number of shares to be offered when the shares are publicly available sometime after Oct. 13.

Roughly 10 percent of the company will be publicly traded, with the rest of the company remaining under control of existing FCA shareholders and Piero Lardi Ferrari, Enzo Ferrari’s son and current vice chairman.

(Read More…)

By on July 21, 2015

2013 RAM 3500 Interior, uConnect 8.4, Picture Courtesy of Alex L. Dykes

If you’re like me, you may have found yourself asking “Why would Fiat Chrysler Automobiles release a patch for Uconnect if nothing is wrong?” last week.

The answer, provided by Wired today, is “They wouldn’t,” and that hackers could remotely kill a Jeep through a zero-day exploit in the system’s software. Additionally, hackers could take control of  many other functions including steering, climate controls, brakes, throttle — the whole nine yards. (Read More…)

By on July 17, 2015

FCA US HQ

Fiat Chrysler Automobiles earned the top spot overall in an annual survey of new car quality.

Strategic Vision, a San Diego-based research firm, ranked FCA No. 1 for the first time since the company began measuring customer satisfaction in 1995. Last year, Kia earned top honors.

FCA had six cars that topped their respective segments, including the Fiat 500 and 500e; Dodge Charger, Challenger and Durango; and, the Jeep Wrangler Unlimited.

(Read More…)

By on March 4, 2015

Is there a car enthusiast whose pulse does not quicken when he or she hears the brrrap brap of the exhaust  when the North American spec Fiat Abarth fires up? TTAC’s managing editor Derek Kreindler is correct, the Abarth does indeed sound faster than it actually is, but it still sounds glorious. Don’t tell me that an inline four can’t sound as exciting as a V8 or even a V12. Saying that an eight or a twelve “sounds better” than a four is like saying that a big band sounds better than a trio, as if you can’t enjoy both Duke Ellington and Cream.

(Read More…)

By on January 8, 2015

FCA Uconnect Access Services

Autonomous alien luxury pods and royalty-free hydrogen patents aren’t the only things coming onto the stage during the 2015 Consumer Electronics Show in Las Vegas. Today, we’ll show you the latest and greatest from BMW, FCA, Audi and Ford, with the help from our brothers and sisters over at AutoGuide.

(Read More…)

By on December 11, 2014

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Just as Fiat Chrysler Automobiles left Italy to escape the tax man, Ferrari is considering the same as it moves closer to leaving the nest by next October.

(Read More…)

By on December 9, 2014

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Fiat Chrysler Automobiles’ Chrysler Group has big plans for its venerable Pentastar engine family, all in the name of improved fuel efficiency and power.

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By on November 21, 2014

2014 Jeep Grand Cherokee Exterior-004

Were you hoping to have a red Jeep Grand Cherokee SRT or Dodge Durango Ron Burgundy Edition in your driveway in time for Christmas? You may have to try your luck on the lot, as new orders will be painted black, white, gray and silver all over for the next few months.

(Read More…)

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