#FiatChryslerAutomobiles
FCA, GM Stocking Up On Tesla's Greenhouse Gas Credits
General Motors and Fiat Chrysler Automobiles have reportedly reached an agreement to purchase federal greenhouse gas credits from Tesla. While it’s common knowledge that the electric carmaker has raked in revenue by selling credits for years, disclosures with the State of Delaware help paint a clearer picture.
Apparently, GM filed to buy credits from Tesla earlier this year while FCA bought them on several occasions in 2016, 2018, and again earlier this year. Considering FCA’s American lineup, we’re not exactly quivering with disbelief. CEO Mike Manley could show up at a press conference, light a pool of gasoline on fire, and suggest it was Dodge’s new corporate model before we’d raise an eyebrow.
As unsurprising as FCA’s inability to adhere to present-day pollution mandates happens to be, there is a story here. The rising demand for greenhouse gas credits is changing the industry in some rather interesting ways.
Renault Taking Time to Consider FCA Merger Proposal
As perviously reported, Fiat Chrysler is currently hard at work, hoping to impress Renault to a point where it will pull the trigger on possible merger. FCA is now in talks with the French government, which owns 15 percent of Renault, hoping it will also find the 50/50 proposal agreeable.
Concessions are already being made. FCA has agreed to France’s request to give the government a seat on an prospective eleven-member board, which also holds four seats for Renault and one for Nissan. Rumors have also suggested that the automaker is considering moving its headquarters to Paris to appease the country.
While France appears to be somewhat receptive, Renault appears to be taking things to the next level. Following a week of discussions with FCA, the company announced it would be taking the rest of the day to give the matter serious consideration.
Report: Fiat Chrysler Launches Operation Woo France
Fiat Chrysler’s desire to merge with Renault has the French government, which holds a 15 percent stake in the French automaker, more than a bit worried. The government has already issued a list of guarantees it wishes to see before giving its blessing to the potential tie-up.
Now, a report claims FCA is working hard to win France’s trust, promising board representation and a French headquarters for the proposed entity.
Jeep Wrangler Once Again Earns Dismal Crash-test Rating Using Euro-based Metrics
Despite the previous generation boasting above-average frontal crash test scores from the United States’ Insurance Institute for Highway Safety (IIHS), Jeep’s new Wrangler has earned harsh criticism in Europe and Australia. The model received a one-star European New Car Assessment Programme (NCAP) crash rating in December, followed by a similar review from the Australasian New Car Assessment Program (ANCAP) this month.
That makes it the only one-star vehicle in that particular market, which is not a position Fiat Chrysler wants to find itself in. However, as FCA took great strides in improving the Wrangler for on-road duty — including adding dual front and side airbags as standard — the dismally low score is a bit of a mystery.
Fiat Chrysler Chairman to Nissan, Mitsubishi: Who's Up for a Four-way?
Perhaps sensing that Nissan and its alliance partner, Mitsubishi, feel like third wheels in the romancing of Renault by a merger-happy Fiat Chrysler, FCA Chairman John Elkann had kind words for the pair.
You’re appreciated. You’re valued. And you’re invited to the party.
Proposed FCA-Renault Merger Puts Nissan in a Awkward Spot
Nissan has long felt like an unequal partner in its alliance with Renault, and has continually resisted pressure to strengthen its ties with the French automaker. With a potential merger between Fiat Chrysler and Renault now in the discussion phase, the Japanese automaker, having just suffered a year of sales and profit losses, finds itself staring down the barrel of further inequality.
Should the Italian-American and French companies merge, Nissan’s influence would shrink by half. Still, the automaker claims it’s open to discussion.
Fiat Chrysler Proposes Merger With Renault
Thirty-two years after Chrysler bought Renault’s controlling stake in AMC, absorbing the automaker and folding its French-developed passenger cars into the new Eagle brand, the automaker’s Fiat Chrysler successor is interested in a merger.
On Monday, Fiat Chrysler Automobiles submitted a proposal for a “transformative merger” with Groupe Renault. The 50:50 merger would create the world’s third-largest automobile company and generate $5.6 billion in annual savings, FCA claims — equal to efficiencies born of the Renault-Nissan-Mitsubishi Alliance.
Nearly Dead in the U.S., Fiat Turns to Brazil for Rekindled Love
Fiat Chrysler Automobiles is going all-in in Brazil, where the struggling Fiat brand was once the country’s top choice for new vehicles. The automaker has announced a $4 billion plan to boost market share in the only non-U.S. region that made the company any money last quarter.
Leading the way are two new Fiat SUVs, joined by a host of Jeep and Ram offerings.
New Detroit Jeep Plant a Done Deal; Incentives to Flow
Detroit City Council wrapped up a lengthy day of voting and approvals Tuesday, paving the way for a $2.5 billion Fiat Chrysler investment in two east-side assembly plants.
Part of the deal involves a complex series of land swaps benefitting both FCA and the land-rich Moroun family, plus a raft of tax incentives bound for the automaker. It’s a good thing FCA didn’t target its investment at New York City.
Recall Redux: Fiat Chrysler Calls Back 600,000 Vehicles for Problems You've Already Heard About
Sudden stalls. Tailgates that open on their own. These issues formed the basis of two Fiat Chrysler recalls in 2018, and, one year later, history is repeating itself.
On Friday, the automaker called back roughly 600,000 Chrysler Pacifica minivans and Ram pickups for the same ghost-in-the-machine phenomena that led to the earlier recalls.
Thinking Caps On: Before Buyers Get Their Hands on It, Ram's Midsize Pickup First Needs a Platform
Fiat Chrysler remains adamant that its new Jeep Gladiator won’t be its only midsize pickup truck, but consumers had best hunker down for a wait. While the company announced the development of a conventional midsizer in last year’s five-year product plan, the new offering won’t appear until the end of that window.
Between now and 2022, CEO Mike Manley and the team at Ram must find a way to offer a midsize pickup at a price point designed to woo Colorado, Ranger, and Tacoma intenders. First on the to-do list is finding a platform.
With Land Deals Wrapped Up, Fiat Chrysler Moves Ahead With Jeep Product Bonanza
Wrangling between Fiat Chrysler Automobiles, the city of Detroit, and a prolific landowner reached an end on Friday, with all three parties signing deals designed to bring more Jeeps to the city.
As part of a $4.5 plant investment strategy announced in February, FCA wants to convert its Mack Avenue Engine Complex into an automobile assembly plant, earmarked for the next-generation Jeep Grand Cherokee and a second, larger model. The adjacent Jefferson North plant, which currently builds Grand Cherokees and Dodge Durangos, won’t see its product roster change, though it will see cash for expansion and interior upgrades.
Once unionized FCA workers get first crack at the 4,950 jobs, remaining positions will go to Detroit residents.
Mopar's Hellephant Is Already Sold Out
Remember when we told you you could purchase Fiat Chrysler’s beastly, 1,000-horsepower Hellephant crate engine last week? Well, you’ve missed the window. After just a few days of availability, Mopar’s mightiest engine is entirely sold out.
According to Allpar, FCA’s inventory was depleted within 48 hours of pre-orders opening for “Hemi Day” (April 26th) after third-party sources began saying the motor was no longer available. The outlet posited that the $29,995 hand-built unit was likely produced in extremely limited numbers and reached out to the manufacturer for verification about its availability.
Fiat Kills Off a Truck That's Not Really a Fiat
Perhaps to its misfortune, Fiat Chrysler Automobiles does not sell a midsize pickup in the world’s biggest truck market, but buyers in certain overseas markets were able to get into a four-door, body-on-frame midsizer carrying the Fiat badge — the Fullback, more properly described as a rebadged Mitsubishi Triton/L200.
Note the word “were.” The Fiat Fullback is no more, according to FCA’s light commercial vehicles division. The discontinuation stems from the same problem Fiat faces in America: really bad sales.
Cummins Looking Into Ram HD Engine Emissions Certification Process
Cummins, maker of the beastly 6.7-liter inline-six diesels found beneath the hoods of various Ram Heavy Duty pickups, claims it is looking into its emissions certification and compliance process.
In a statement released Monday, the decision to investigate the process came after “conversations” with the Environmental Protection Agency and California Air Resources Board. Specifically, the probe targets the revamped engines used in Ram’s 2019 HD line, not the 5.0-liter V8 found in the Nissan Titan XD.
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