The Truth About Cars » sergio marchionne http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 11 Feb 2016 18:00:49 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » sergio marchionne http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Who Will Build Sergio’s Next Dodge Dart and Chrysler 200? http://www.thetruthaboutcars.com/2016/02/will-build-sergios-next-dodge-dart-chrysler-200/ http://www.thetruthaboutcars.com/2016/02/will-build-sergios-next-dodge-dart-chrysler-200/#comments Mon, 01 Feb 2016 20:05:13 +0000 http://www.thetruthaboutcars.com/?p=1277738 FCA’s sweater-in-chief Sergio Marchionne has a plan to turn around the debt-laden and ailing automaker: stop building cars that lose money. That sounds like common sense, so long as oil prices stay low and the demand for trucks, SUVs and crossovers remains high. But that plan introduces a new set of problems, chief among them […]

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FCA’s sweater-in-chief Sergio Marchionne has a plan to turn around the debt-laden and ailing automaker: stop building cars that lose money. That sounds like common sense, so long as oil prices stay low and the demand for trucks, SUVs and crossovers remains high. But that plan introduces a new set of problems, chief among them […]

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Dart, 200 On The Way Out; Wrangler Truck, Wagoneer On the Way In http://www.thetruthaboutcars.com/2016/01/dart-200-way-wrangler-truck-wagoneer-way/ http://www.thetruthaboutcars.com/2016/01/dart-200-way-wrangler-truck-wagoneer-way/#comments Wed, 27 Jan 2016 19:20:22 +0000 http://www.thetruthaboutcars.com/?p=1274545 Fiat Chrysler Automobiles CEO Sergio Marchionne on Wednesday said the automaker would rely more heavily on profitable Jeeps and Rams in North America and Europe to help its business remain profitable in other sagging areas and regions. “We are not of the view that this industry is facing an impending demise,” Marchionne said before announcing […]

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Fiat Chrysler Automobiles CEO Sergio Marchionne on Wednesday said the automaker would rely more heavily on profitable Jeeps and Rams in North America and Europe to help its business remain profitable in other sagging areas and regions. “We are not of the view that this industry is facing an impending demise,” Marchionne said before announcing […]

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Jeep Pickup, Jeep Compass and Jeep Renegade: All The Things We’ll Probably Hear Tomorrow from Sergio http://www.thetruthaboutcars.com/2016/01/jeep-pickup-jeep-compass-jeep-renegade-things-well-probably-hear-tomorrow-sergio/ http://www.thetruthaboutcars.com/2016/01/jeep-pickup-jeep-compass-jeep-renegade-things-well-probably-hear-tomorrow-sergio/#comments Tue, 26 Jan 2016 20:00:18 +0000 http://www.thetruthaboutcars.com/?p=1273841 On Wednesday, Fiat Chrysler Automobiles CEO Sergio Marchionne will update investors on his long-term plans and fourth-quarter profits — namely, how many Jeeps it sold — during his scheduled earnings conference call. It’s widely expected that Sergio will address the near-certainty that Jeep will build a pickup based on the Wrangler, as well as the […]

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On Wednesday, Fiat Chrysler Automobiles CEO Sergio Marchionne will update investors on his long-term plans and fourth-quarter profits — namely, how many Jeeps it sold — during his scheduled earnings conference call. It’s widely expected that Sergio will address the near-certainty that Jeep will build a pickup based on the Wrangler, as well as the […]

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I Told You the Viper Wasn’t All Dead. Marchionne Says New Snake “A Possibility” http://www.thetruthaboutcars.com/2016/01/told-viper-wasnt-dead-marchionne-says-new-snake-possibility/ http://www.thetruthaboutcars.com/2016/01/told-viper-wasnt-dead-marchionne-says-new-snake-possibility/#comments Thu, 14 Jan 2016 16:00:03 +0000 http://www.thetruthaboutcars.com/?p=1265817 The reports of the Dodge Viper’s demise may have been greatly exaggerated. If I can borrow a concept from William Goldman, it appears that the Viper is only mostly dead.* Back in October, when the labor agreement between the United Auto Workers and FCA was hammered out, there was a flurry of reports stating the Dodge Viper […]

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The reports of the Dodge Viper’s demise may have been greatly exaggerated. If I can borrow a concept from William Goldman, it appears that the Viper is only mostly dead.* Back in October, when the labor agreement between the United Auto Workers and FCA was hammered out, there was a flurry of reports stating the Dodge Viper […]

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Marchionne: “We Will Build a Wrangler Pickup” http://www.thetruthaboutcars.com/2016/01/marchionne-will-build-wrangler-pickup/ http://www.thetruthaboutcars.com/2016/01/marchionne-will-build-wrangler-pickup/#comments Wed, 13 Jan 2016 21:47:49 +0000 http://www.thetruthaboutcars.com/?p=1265913 If there was any confusion about Chrysler’s plans to build a pickup variant of the Wrangler, something for which Jeep fans and car enthusiasts in general have clamored, Fiat Chrysler CEO Sergio Marchionne cleared it up at a press conference at the 2016 North American International Auto Show in Detroit. Marchionne unequivocally stated the automaker will be […]

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If there was any confusion about Chrysler’s plans to build a pickup variant of the Wrangler, something for which Jeep fans and car enthusiasts in general have clamored, Fiat Chrysler CEO Sergio Marchionne cleared it up at a press conference at the 2016 North American International Auto Show in Detroit. Marchionne unequivocally stated the automaker will be […]

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Fiat Merger Won’t Happen Under Marchionne’s Watch http://www.thetruthaboutcars.com/2016/01/fiat-merger-wont-happen-marchionnes-watch/ http://www.thetruthaboutcars.com/2016/01/fiat-merger-wont-happen-marchionnes-watch/#comments Mon, 04 Jan 2016 20:30:21 +0000 http://www.thetruthaboutcars.com/?p=1256849 Fiat Chrysler Automobiles chief Sergio Marchionne told Bloomberg on Monday that his company likely wouldn’t merge with another automaker before his tenure is up in 2018. The chief executive publicly courted General Motors in 2015 to merge two of the Big Three. GM CEO Mary Barra publicly refuted that partnership, and Marchionne seems to have […]

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Fiat Chrysler Automobiles chief Sergio Marchionne told Bloomberg on Monday that his company likely wouldn’t merge with another automaker before his tenure is up in 2018. The chief executive publicly courted General Motors in 2015 to merge two of the Big Three. GM CEO Mary Barra publicly refuted that partnership, and Marchionne seems to have […]

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Fiat Chrysler Not Planning Hostile Takeover of General Motors Because of Course They Can’t http://www.thetruthaboutcars.com/2015/12/fiat-chrysler-not-planning-hostile-takeover-general-motors-course-cant/ http://www.thetruthaboutcars.com/2015/12/fiat-chrysler-not-planning-hostile-takeover-general-motors-course-cant/#comments Thu, 03 Dec 2015 19:00:29 +0000 http://www.thetruthaboutcars.com/?p=1234849 Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters. Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo […]

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Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters. Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo […]

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Heads of Automakers in US Meet In Washington, Discuss Safety, Recalls http://www.thetruthaboutcars.com/2015/12/heads-automakers-us-meet-washington-discuss-safety-recalls/ http://www.thetruthaboutcars.com/2015/12/heads-automakers-us-meet-washington-discuss-safety-recalls/#comments Wed, 02 Dec 2015 21:00:59 +0000 http://www.thetruthaboutcars.com/?p=1234081 Auto executives from nearly every major U.S. automaker met in Washington D.C. on Tuesday to discuss safety, recalls and technology with Secretary of Transportation Anthony Foxx, Automotive News reported. Senior executives from 15 automakers, including General Motors’ CEO Mary Barra, Fiat Chrysler Automobiles CEO Sergio Marchionne, Volkswagen of America CEO Michael Horn and Nissan North […]

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Auto executives from nearly every major U.S. automaker met in Washington D.C. on Tuesday to discuss safety, recalls and technology with Secretary of Transportation Anthony Foxx, Automotive News reported. Senior executives from 15 automakers, including General Motors’ CEO Mary Barra, Fiat Chrysler Automobiles CEO Sergio Marchionne, Volkswagen of America CEO Michael Horn and Nissan North […]

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Report: Alfa Romeo Pushes Back Giulia, SUV At Least 6 Months http://www.thetruthaboutcars.com/2015/11/report-alfa-romeo-pushes-back-brands-comeback-six-months/ http://www.thetruthaboutcars.com/2015/11/report-alfa-romeo-pushes-back-brands-comeback-six-months/#comments Wed, 04 Nov 2015 15:00:12 +0000 http://www.thetruthaboutcars.com/?p=1211721 Alfa Romeo will delay two models critical to that brand’s comeback and will likely miss its ambitious sales target of 400,000 cars by 2018, according to Automotive News. Fiat Chrysler Automobiles CEO Sergio Marchionne said a weakened market in China forced the brand to reassess its sales target, which he initially set in 2014. “I […]

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Alfa Romeo will delay two models critical to that brand’s comeback and will likely miss its ambitious sales target of 400,000 cars by 2018, according to Automotive News. Fiat Chrysler Automobiles CEO Sergio Marchionne said a weakened market in China forced the brand to reassess its sales target, which he initially set in 2014. “I […]

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Ferrari Stock Races in First Day of Trading http://www.thetruthaboutcars.com/2015/10/ferrari-stock-races-in-first-day-of-trading/ http://www.thetruthaboutcars.com/2015/10/ferrari-stock-races-in-first-day-of-trading/#comments Wed, 21 Oct 2015 17:00:26 +0000 http://www.thetruthaboutcars.com/?p=1201777 Fiat Chrysler Automobiles chief Sergio Marchionne rang the opening bell Wednesday for Ferrari’s first day of trading on the New York Stock Exchange and shares of the supercar maker soared. The stock, which was up as high as $60 per share, leveled off around $57 in mid-day trading. “This is not really a car, it’s […]

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Fiat Chrysler Automobiles chief Sergio Marchionne rang the opening bell Wednesday for Ferrari’s first day of trading on the New York Stock Exchange and shares of the supercar maker soared. The stock, which was up as high as $60 per share, leveled off around $57 in mid-day trading. “This is not really a car, it’s […]

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Fiat Chrysler Automobiles Leadership Shakeup: Fiat NA Chief Quits http://www.thetruthaboutcars.com/2015/10/fiat-chrysler-automobiles-leadership-shakeup-fiat-na-chief-quits/ http://www.thetruthaboutcars.com/2015/10/fiat-chrysler-automobiles-leadership-shakeup-fiat-na-chief-quits/#comments Tue, 13 Oct 2015 16:00:45 +0000 http://www.thetruthaboutcars.com/?p=1194202 Like Al Pacino in “The Godfather 2,” Sergio Marchionne’s move to insulate himself further and tap future successors has claimed another victim. On Monday, former Fiat North American chief Jason Stoicevich resigned from the automaker, days after he was replaced as head of Fiat by Dodge CEO Tim Kuniskis. Stoicevich was a longtime FCA employee, heading […]

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Like Al Pacino in “The Godfather 2,” Sergio Marchionne’s move to insulate himself further and tap future successors has claimed another victim. On Monday, former Fiat North American chief Jason Stoicevich resigned from the automaker, days after he was replaced as head of Fiat by Dodge CEO Tim Kuniskis. Stoicevich was a longtime FCA employee, heading […]

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Your First Ferrari (Share) Priced As Low As $48 http://www.thetruthaboutcars.com/2015/10/your-first-ferrari-share-priced-as-low-as-48/ http://www.thetruthaboutcars.com/2015/10/your-first-ferrari-share-priced-as-low-as-48/#comments Mon, 12 Oct 2015 16:00:19 +0000 http://www.thetruthaboutcars.com/?p=1193650 Fiat Chrysler Automobiles on Monday finally priced its initial price offering for Ferrari at $48 and $52 per share for 10 percent of the luxury carmaker when its stock goes sale, the Detroit News reported. The pricing values Ferrari at roughly $9.8 billion — less than the $12 billion reported last week — and analysts say […]

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Fiat Chrysler Automobiles on Monday finally priced its initial price offering for Ferrari at $48 and $52 per share for 10 percent of the luxury carmaker when its stock goes sale, the Detroit News reported. The pricing values Ferrari at roughly $9.8 billion — less than the $12 billion reported last week — and analysts say […]

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Ferrari Reaching For $12.4B Valuation for IPO http://www.thetruthaboutcars.com/2015/10/ferrari-reaching-12-4b-valuation-ipo/ http://www.thetruthaboutcars.com/2015/10/ferrari-reaching-12-4b-valuation-ipo/#comments Fri, 09 Oct 2015 16:01:30 +0000 http://www.thetruthaboutcars.com/?p=1192514 The supercar maker may be valued at more than $12.4 billion ahead of its initial public offering, which could happen as early as Friday, Bloomberg (via Automotive News) reported. Ferrari may price its shares Friday night when it offers 10 percent of the Maranello-based automaker to the public. The remaining ownership of the carmaker will remain […]

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The supercar maker may be valued at more than $12.4 billion ahead of its initial public offering, which could happen as early as Friday, Bloomberg (via Automotive News) reported. Ferrari may price its shares Friday night when it offers 10 percent of the Maranello-based automaker to the public. The remaining ownership of the carmaker will remain […]

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UAW May Pull Plug on FCA Work at Any Time http://www.thetruthaboutcars.com/2015/09/uaw-may-pull-plug-fca-work-time/ http://www.thetruthaboutcars.com/2015/09/uaw-may-pull-plug-fca-work-time/#comments Tue, 15 Sep 2015 13:45:08 +0000 http://www.thetruthaboutcars.com/?p=1171346 Representatives from the United Auto Workers and Fiat Chrysler Automobiles agreed Tuesday to extend their contract on an “hour-by-hour” basis, Reuters reported. Workers reported Tuesday for their morning shifts, but those workers could walk out at any time if talks stall. On Monday, it became clear that the UAW would set its sights on FCA […]

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Representatives from the United Auto Workers and Fiat Chrysler Automobiles agreed Tuesday to extend their contract on an “hour-by-hour” basis, Reuters reported. Workers reported Tuesday for their morning shifts, but those workers could walk out at any time if talks stall. On Monday, it became clear that the UAW would set its sights on FCA […]

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FCA US To Bat Leadoff In UAW Talks, Marchionne To Miss Frankfurt http://www.thetruthaboutcars.com/2015/09/fca-us-bat-leadoff-uaw-talks-marchionne-miss-frankfurt/ http://www.thetruthaboutcars.com/2015/09/fca-us-bat-leadoff-uaw-talks-marchionne-miss-frankfurt/#comments Mon, 14 Sep 2015 15:30:19 +0000 http://www.thetruthaboutcars.com/?p=1168618 The UAW has chosen FCA US to bat leadoff in the union’s contract talks with the Detroit Three, prompting CEO Sergio Marchionne to forgo Frankfurt. The move by the union to go after the weakest of the Detroit Three is meant to establish how all of the contract talks this month will proceed, Automotive News […]

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The UAW has chosen FCA US to bat leadoff in the union’s contract talks with the Detroit Three, prompting CEO Sergio Marchionne to forgo Frankfurt. The move by the union to go after the weakest of the Detroit Three is meant to establish how all of the contract talks this month will proceed, Automotive News […]

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Sergio Marchionne Hasn’t Forgotten About GM, You Guys http://www.thetruthaboutcars.com/2015/09/sergio-marchionne-hasnt-forgotten-about-gm-you-guys/ http://www.thetruthaboutcars.com/2015/09/sergio-marchionne-hasnt-forgotten-about-gm-you-guys/#comments Sun, 06 Sep 2015 17:32:25 +0000 http://www.thetruthaboutcars.com/?p=1162450 Speaking at the Formula One Italian Grand Prix this weekend, Fiat Chrysler Automobiles CEO Sergio Marchionne told Reuters that a merger with General Motors was at the top of his list. “That discussion remains a high priority for FCA,” Marchionne told Reuters. “We consider it to be the best possible strategic alternative for us and for them. […]

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Speaking at the Formula One Italian Grand Prix this weekend, Fiat Chrysler Automobiles CEO Sergio Marchionne told Reuters that a merger with General Motors was at the top of his list. “That discussion remains a high priority for FCA,” Marchionne told Reuters. “We consider it to be the best possible strategic alternative for us and for them. […]

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Fields Are Fertile For Now, But Marchionne Has a Long View http://www.thetruthaboutcars.com/2015/09/fields-fertile-now-marchionne-long-view/ http://www.thetruthaboutcars.com/2015/09/fields-fertile-now-marchionne-long-view/#comments Tue, 01 Sep 2015 15:09:50 +0000 http://www.thetruthaboutcars.com/?p=1157570 Farmers are the ultimate craftsman when it comes to small-scale production. The level of management needed to stay competitive and above the high water line is, simply put, astounding. Consolidation in certain areas of agriculture has lead to factory farming, the widespread adoption of automation and genetically modified seeds that keep seed producers competitive. Private […]

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Farmers are the ultimate craftsman when it comes to small-scale production. The level of management needed to stay competitive and above the high water line is, simply put, astounding. Consolidation in certain areas of agriculture has lead to factory farming, the widespread adoption of automation and genetically modified seeds that keep seed producers competitive. Private […]

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Mergers Don’t Make Better Cars http://www.thetruthaboutcars.com/2015/09/aotd-mergers-dont-make-better-cars/ http://www.thetruthaboutcars.com/2015/09/aotd-mergers-dont-make-better-cars/#comments Tue, 01 Sep 2015 14:00:46 +0000 http://www.thetruthaboutcars.com/?p=1157218 Mergers don’t excite me. I’m not excited about the prospect of walking in to my neighborhood Jeep/Chevy/Buick/Dodge/GMC superstore and thumbing through the soul-less car stocks like a weekend trip to Costco. Bark makes a good business case that Mazda and Subaru could help each other in worldwide sales, and brings up some interesting short-term mashups: rotary engines […]

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Mergers don’t excite me. I’m not excited about the prospect of walking in to my neighborhood Jeep/Chevy/Buick/Dodge/GMC superstore and thumbing through the soul-less car stocks like a weekend trip to Costco. Bark makes a good business case that Mazda and Subaru could help each other in worldwide sales, and brings up some interesting short-term mashups: rotary engines […]

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Marchionne Calls For GM Takeover Just Short of Hostile http://www.thetruthaboutcars.com/2015/08/marchionne-calls-for-gm-takeover-just-short-of-hostile/ http://www.thetruthaboutcars.com/2015/08/marchionne-calls-for-gm-takeover-just-short-of-hostile/#comments Sun, 30 Aug 2015 22:59:05 +0000 http://www.thetruthaboutcars.com/?p=1156418 We have to hand it to Larry P. Vellequette at Automotive News for getting FCA’s Don Marchionne riled up. In addition to getting Sergio talking yesterday about automakers having a history of bending the unions over, the outspoken executive has now called for a General Motors takeover via a series of hugs increasing in their intensity each time. […]

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We have to hand it to Larry P. Vellequette at Automotive News for getting FCA’s Don Marchionne riled up. In addition to getting Sergio talking yesterday about automakers having a history of bending the unions over, the outspoken executive has now called for a General Motors takeover via a series of hugs increasing in their intensity each time. […]

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Marchionne: “To Be Perfectly Honest, We’ve All Fucked with the UAW, Right? http://www.thetruthaboutcars.com/2015/08/marchionne-to-be-perfectly-honest-weve-all-fucked-with-the-uaw-right/ http://www.thetruthaboutcars.com/2015/08/marchionne-to-be-perfectly-honest-weve-all-fucked-with-the-uaw-right/#comments Sat, 29 Aug 2015 15:15:53 +0000 http://www.thetruthaboutcars.com/?p=1155986 Sergio Marchionne seems to be taking a different tactic in this year’s UAW negotiations. Instead of threatening to take product out of North America and send it to China, the head of FCA is playing to the hearts and minds of the union membership, even going so far as to admit all automakers have screwed workers […]

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Sergio Marchionne seems to be taking a different tactic in this year’s UAW negotiations. Instead of threatening to take product out of North America and send it to China, the head of FCA is playing to the hearts and minds of the union membership, even going so far as to admit all automakers have screwed workers […]

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Fiat Chrysler Reportedly Showing Dealers Impossibly Fun Cars That We May Never See http://www.thetruthaboutcars.com/2015/08/fiat-chrysler-reportedly-showing-dealers-impossibly-fun-cars-may-never-see/ http://www.thetruthaboutcars.com/2015/08/fiat-chrysler-reportedly-showing-dealers-impossibly-fun-cars-may-never-see/#comments Wed, 26 Aug 2015 18:00:36 +0000 http://www.thetruthaboutcars.com/?p=1153129 Fiat Chrysler Automobiles may be showing off a Dodge Barracuda convertible, a next-generation Charger, Jeep Grand Cherokee Trackhawk and a Grand Wagoneer — they probably put root beer in the fountains too — according to multiple media reports. At the dealer meeting in Las Vegas, FCA executives outlined the future for the brands (Jeep, Chrysler, Dodge, […]

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Fiat Chrysler Automobiles may be showing off a Dodge Barracuda convertible, a next-generation Charger, Jeep Grand Cherokee Trackhawk and a Grand Wagoneer — they probably put root beer in the fountains too — according to multiple media reports. At the dealer meeting in Las Vegas, FCA executives outlined the future for the brands (Jeep, Chrysler, Dodge, […]

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Lutz: GM-Chrysler Merger Makes Sense http://www.thetruthaboutcars.com/2015/08/lutz-gm-chrysler-merger-makes-sense/ http://www.thetruthaboutcars.com/2015/08/lutz-gm-chrysler-merger-makes-sense/#comments Wed, 05 Aug 2015 18:00:56 +0000 http://www.thetruthaboutcars.com/?p=1134001 My goodness, when isn’t former General Motors exec Bob Lutz just the best? The former GM chief recently appeared on an Automotive News panel and boy that guy has vision and the rest of us have bifocals. Car and Driver correctly points out that Lutz makes good points regarding a merger between GM and Chrysler, but […]

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My goodness, when isn’t former General Motors exec Bob Lutz just the best? The former GM chief recently appeared on an Automotive News panel and boy that guy has vision and the rest of us have bifocals. Car and Driver correctly points out that Lutz makes good points regarding a merger between GM and Chrysler, but […]

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Campbell Points Fingers At Kett, Manley, Marchionne in Defense http://www.thetruthaboutcars.com/2015/08/campbell-points-fingers-at-kett-manley-marchionne-in-defense/ http://www.thetruthaboutcars.com/2015/08/campbell-points-fingers-at-kett-manley-marchionne-in-defense/#comments Sun, 02 Aug 2015 16:00:32 +0000 http://www.thetruthaboutcars.com/?p=1131633 The court case against former FCA Australia executive Clyde Campbell is turning into a veritable who’s-who of decision makers at the company, reports The Age. Campbell, who is charged with misappropriation of $30 million AUD of company funds, claims he had verbal permission from recently departed FCA executive John Kett, current company hotshot Mike Manley, and […]

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The court case against former FCA Australia executive Clyde Campbell is turning into a veritable who’s-who of decision makers at the company, reports The Age. Campbell, who is charged with misappropriation of $30 million AUD of company funds, claims he had verbal permission from recently departed FCA executive John Kett, current company hotshot Mike Manley, and […]

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Jeep Posts Biggest Ever Quarterly Sales Total in US http://www.thetruthaboutcars.com/2015/07/jeep-posts-biggest-ever-quarter-us/ http://www.thetruthaboutcars.com/2015/07/jeep-posts-biggest-ever-quarter-us/#comments Thu, 30 Jul 2015 18:00:42 +0000 http://www.thetruthaboutcars.com/?p=1129401 Fiat Chrysler Automobiles said strong North American sales and brisk worldwide Jeep sales propelled the company to a $364 million profit in the second quarter of 2015, despite record fines from the federal government. Overall, the company earned a pre-tax profit of $1.4 billion, which is double the $650 million it made in the same quarter […]

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Fiat Chrysler Automobiles said strong North American sales and brisk worldwide Jeep sales propelled the company to a $364 million profit in the second quarter of 2015, despite record fines from the federal government. Overall, the company earned a pre-tax profit of $1.4 billion, which is double the $650 million it made in the same quarter […]

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Car Building in Ontario Could Die, and They Probably Can’t Save It http://www.thetruthaboutcars.com/2015/07/car-building-ontario-die-probably-cant-save/ http://www.thetruthaboutcars.com/2015/07/car-building-ontario-die-probably-cant-save/#comments Mon, 27 Jul 2015 21:00:15 +0000 http://www.thetruthaboutcars.com/?p=1125985 Ontario’s debt is swelling and as home to eight manufacturing plants — the largest complex in North America — automakers may have a tough time keeping plants open in Canada’s most-populous province. According to a story by the Financial Post, Ontario is moving forward with an ambitious plan to revamp roads and mass transit systems despite its debt being downgraded […]

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Ontario’s debt is swelling and as home to eight manufacturing plants — the largest complex in North America — automakers may have a tough time keeping plants open in Canada’s most-populous province. According to a story by the Financial Post, Ontario is moving forward with an ambitious plan to revamp roads and mass transit systems despite its debt being downgraded […]

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