Tag: fca

By on June 6, 2019

Dodge Challenger SRT Demon

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.” (Read More…)

By on June 6, 2019

FCA

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. (Read More…)

By on June 5, 2019

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.  (Read More…)

By on June 4, 2019

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.  (Read More…)

By on June 3, 2019

Image: FCA

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. (Read More…)

By on May 29, 2019

Will they or won’t they? That’s the question on everyone’s mind after Fiat Chrysler’s Monday morning proposition to French automaker Renault. A 50:50 pairing of equals, with Nissan and Mitsubishi shuffling awkwardly on the edge of the dance floor. To his credit, FCA Chairman John Elkann wants Renault’s alliance partners in on the deal.

According to a report out of Paris, Renault’s board will sit down within days to decide whether to pursue FCA’s offer. (Read More…)

By on May 28, 2019

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.  (Read More…)

By on May 28, 2019

fca

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. (Read More…)

By on May 28, 2019

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. (Read More…)

By on May 27, 2019

FCA Brampton Assembly Line Challenger & 300 - Image: FCA

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. (Read More…)

By on May 24, 2019

1979 Fiat 124 Sport Spider in California wrecking yard, front view - ©2019 Murilee Martin - The Truth About Cars

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. (Read More…)

By on May 22, 2019

Image: FCA

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. (Read More…)

By on May 21, 2019

Buy/Drive/Burn returns this week with three American sports cars in their most basic, purest form. The Big Three are represented here, and they don’t get any cheaper than this. No options or fripperies are allowed, and one must receive the Buy.

Start your (small) engines — it’s sports car time.

(Read More…)

By on May 18, 2019

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. (Read More…)

By on May 7, 2019

Rare Rides returns again to De Tomaso, shortly after it covered the obscure Guarà Barchetta. This time, the subject vehicle is a British-designed Mini, rebodied by Bertone, then sported up by De Tomaso. Quite a pedigree.

Presenting the 1978 Innocenti Mini De Tomaso:

(Read More…)

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