#FiatChryslerAutomobiles
Renault Not Interested in Giving up Nissan, Says CEO
With the Renault-Nissan partnership looking about as healthy as the bird you clipped on the highway last week, there has been some speculation that the Alliance might disband. At the very least, we know that Nissan has wanted Renault to diminish some of its authority and finally allow the Japanese brand to make a few decisions for itself.
While it’s being kept relatively quiet, Renault and Fiat Chrysler Automobiles are currently seeking ways to rescue their failed merger plan and receive Nissan’s blessing. But Nissan has been stonewalling the $35-billion deal by denying support. It’s not the most cunning strategy we’ve encountered, but totally effective in befuddling the French government to a point where it wanted to delay things — prompting FCA to back out.
Reuters is now claiming that Nissan plans on using round two of the merger talks to convince Renault to reduce its 43.4-percent stake in the company. But the French automaker’s CEO, Thierry Bolloré, says there’s no way that’s happening.
Fiat Chrysler Gains Partners to Help Ease Europeans Into Greener Cars
Fiat Chrysler is no stranger to paying the piper when it comes to its less-than-stellar fleetwide emissions, with steep fines and pricey regularly credit deals keeping the automaker’s accountants busy on both sides of the Atlantic.
Some sort of relief is on the way in the form of a $10 billion electrification plan, the results of which will see 17 electrified (electric, plug-in hybrid) models enter the fray by 2022. That’s the intent, anyway. To give the looming crop of green Fiats and Jeeps a better chance of success, FCA has partnered with a pair of European utilities — providing customers with a way of fueling their vehicles.
The Death Wobble: FCA Sued Over Alleged Jeep Wrangler JK Steering Issues
A Jeep Wrangler owner has accused Fiat Chrysler Automobiles of ignoring an alleged safety issue with the vehicle’s steering system; one that leads to the notorious “death wobble.”
The term is one Jeep fans are already familiar with and basically entails sudden, violent vibrations from front-end steering components, usually taking place on the highway. On Wednesday, a lawsuit filed on behalf of New Jersey resident Clair Reynolds claimed FCA delivered a “defectively designed and/or manufactured front axle and damping system” allowing for the dreaded wobble to occur after “encountering road variations” at speed.
While the National Highway Transportation Safety Administration has never issued a recall related to the issue, it’s familiar with the phenomenon and has been pressured by safety advocates to investigate since before 2012. But previous studies into the wobble found it relatively difficult to replicate, and no serious injuries have stemmed from it. Reynolds’ legal council says that doesn’t cut it.
Renault Chairman Opens Up About FCA Merger Failure
It was downright amazing how fast the proposed merger between Fiat Chrysler Automobiles and the Renault-Nissan-Mitsubishi Alliance collapsed. Considering the auto group’s messy state, there may have been no alternative. While Nissan’s unwillingness to support the merger is often cited as a chief reason in FCA’s backing out, it seems the Italian-American company was similarly spooked by internal strife within the alliance.
Renault Chairman Jean-Dominique Senard addressed the matter on Wednesday during the automaker’s annual meeting in Paris. He told shareholders that the French government’s inability to act was what ultimately led to Fiat Chrysler backing out of the deal, while openly lamenting the missed opportunity.
“This project remains, in my head, absolutely remarkable and exceptional,” Senard said. “Frankly, I am saddened.”
Extremely Minor Changes Coming to the Chrysler 300, If You Want It
Brace yourselves and hide the kids. The Chrysler 300, an aging full-size sedan whose best sales days are long behind it, wants to add a little flair to its top-flight 300C model.
No, there won’t be a monster of an engine borrowed from a Satanic-sounding Dodge. There won’t be head-turning paint options. Instead, Fiat Chrysler will endow its glitziest model with something found on the lesser-ranked 300S.
Where Is the Renault-Nissan Alliance Headed?
The relationship between alliance partners Renault and Nissan remains incredibly strained. We’ve documented the souring of this corporate relationship closely since November, starting with the arrest of former Nissan chairman and Renault CEO Carlos Ghosn, but the partnership’s new chapter is a bit more confrontational. Of course, the relationship trouble started long before that.
Still in the midst of a corporate power struggle, Renault recently decided to block Nissan’s board reforms — possibly in response to the Japanese automaker not supporting a possible merger between the French automaker and Fiat Chrysler. Regardless, the Alliance now appears to be in real jeopardy, with neither side interested in cooperating. Nissan CEO Hiroto Saikawa appears to be hip to this fact, claiming the two sides need to take steps to stabilize and reinforce the Renault–Nissan–Mitsubishi Alliance or risk it dissolving completely.
Ford, FCA, and Merger Talk at the Dinner Table
Last week’s sinking of the proposed merger between Fiat Chrysler Automobiles and French automaker Renault may not be the final word on that story, but a tie-up between FCA and a rival domestic automaker is definitely not on the table.
It once was, in an informal sort of way. And that table was the dinner table — one populated by Ford chairman Bill Ford and late FCA CEO Sergio Marchionne.
Fiat Chrysler Teams Up With Aurora to (Eventually) Leave Steering Wheels Behind
For some time, Fiat Chrysler has partnered with Waymo, providing Chrysler Pacificas for its partner’s fledgling autonomous ride-hailing business. Now, FCA has another partner.
Announced Monday, FCA has signed a memorandum of understanding with Aurora, maker of Aurora Driver — a package of hardware and software capable of Level 4 driving that the company hopes to sell to other companies.
It's Monday, and Mexican Tariffs Are Back On the Table
After the United States and Mexico signed an agreement to stem the flow of illegal migrants from Central America across their shared border, President Donald Trump’s latest tariff proposal was taken off the table. You could almost hear the sphincters of every global automaker collectively unclench in that moment. Unfortunately, their rectal vacation appears to have been short lived.
“We have fully signed and documented another very important part of the Immigration and Security deal with Mexico, one that the U.S. has been asking about getting for many years. It will be revealed in the not too distant future and will need a vote by Mexico’s legislative body,” Trump tweeted on Monday. “We do not anticipate a problem with the vote but, if for any reason the approval is not forthcoming, tariffs will be reinstated!”
More Drama: Renault to Block Nissan's Corporate Reform
Nissan and Renault’s strained relationship is well documented at this point. And yet the scribes keeping tabs on the matter must now dip their quills in fresh ink, as a new chapter is ready to be written. Following the arrest of Carlos Ghosn, industrial scandals, a subpar earnings report, and more headaches, Nissan intends to adjust its corporate structure while passing some internal reforms.
However, Renault Chairman Jean-Dominique Senard recently issued a letter to the automaker saying the company would abstain from voting on the issue. As Nissan’s adoption of the reform requires two-thirds approval, Renault could easily block the plan with its sizable stake in the company. Nissan politely calls the automaker’s stance “most regrettable,” but execs in Yokohama must be seething.
EcoDiesel, Part II: Fiat Chrysler's New Light Duty Diesel Aims to Anger GM and Ford, Not the EPA
The domestic pickup torque wars have flared up again. Following a brief period of dormancy that came after General Motors’ 3.0-liter Duramax 3.0-liter inline-six topped Ford’s 3.0-liter Power Stroke V6 by 20 foot-pounds (460 vs. 440), Fiat Chrysler has arrived on the scene to declare itself king of the hill.
For the 2020 model year, FCA’s EcoDiesel 3.0-liter diesel V6 returns, this time without the baggage and after-the-fact modifications ordered by the federal government. It also pulls harder than its competition.
Mexican Tariffs Off the Table Following Border Deal
The United States maintained the threat of tariffs on Mexican goods until Friday night, less than three days before a 5 percent levy was poised to hit incoming products from south of the border. It seems the pressure worked, with the U.S. and Mexico signing a deal late Friday to prevent both tariffs and the northward flow of illegal migrants from Central America.
Automakers are no doubt breathing a sigh of relief.
FCA Chairman: Make No Mistake - We're Still on the Prowl
Thursday night’s falling apart of the proposed Fiat Chrysler-Renault merger was a setback for FCA, but the automaker wants everyone to know it remains on the hunt for a willing partner. Essentially, nothing’s changed from the days when former CEO Sergio Marchionne made eyes at the likes of General Motors and Volkswagen, only to receive the cold shoulder.
Sure, it didn’t work out with the French, Chairman John Elkann wrote to FCA employees, but that doesn’t mean FCA won’t soon find a date for the dance.
Fiat Chrysler Loses the Urge to Merge, Withdraws Proposal to Renault
Following a whirlwind 10-day courtship, Fiat Chrysler withdrew its marriage proposal to Groupe Renault on Wednesday night, citing irreconcilable differences.
FCA blames France.
The proposed 50:50 merger with the French automaker, floated on Memorial Day, was snatched off the table following an FCA board meeting, the automaker stated in a release, adding that it had “become clear that the political conditions in France do not currently exist for such a combination to proceed successfully.”
Fiat Chrysler's Reid Bigland Files Lawsuit Against… Fiat Chrysler
There’s drama in Auburn Hills tonight. And, by the sounds of it, for many days leading up to this point. Reid Bigland, Fiat Chrysler’s U.S. sales boss and the appropriately imposing head of the cash-cow Ram brand, has filed a whistleblower lawsuit against his employer.
Bigland, who joined Chrysler in 2006 and soon found himself heading up Maserati, Alfa Romeo, and Dodge, plus serving as CEO of FCA Canada (a role he maintains), claims the company’s HQ is awash in bad blood. The exec says he’s being punished for not taking the fall in a federal investigation into FCA’s sales reporting.
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