Category: Fiat

By on January 14, 2016

FCA_Location_1_Torino_Lingotto_high

An Illinois dealer said in a lawsuit filed Tuesday that Fiat Chrysler Automobiles, through its regional sales offices, was intimidating and bribing dealers to report bogus sales at the end of the month to reach inflated sales targets. Automotive News reported first on the lawsuit.

The lawsuit filed by dealers of the Napleton Automotive Group accuses FCA of conspiring to inflate sales numbers through payments of tens of thousands of dollars to the dealer in co-op advertising accounts to disguise the practice. The lawsuit says FCA uses bogus third-party data from J.D. Power and Urban Science to falsely “verify” the sales figures and report publicly that the automaker has continued monthly sales growth since it emerged from bankruptcy in 2009.

The news of the lawsuit and its allegations sunk shares of Fiat so far that trading on its stock was halted in Europe, according to the Wall Street Journal. Read More >

By on January 4, 2016

 

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 gotten the hint.

“I met Mary Barra less than a month ago in Washington,” Marchionne told Bloomberg. “I don’t think I will have another coffee with her. It won’t happen again in the future.”

Read More >

By on January 3, 2016

 

Business Insider transportation editor Matthew DeBord (formerly of Jalopnik too) said Tesla and Fiat Chrysler’s stock show both companies’ susceptibility to market volatility and that each automaker could be in dire situations if a mild recession were to rear its head again.

(Although he does note that the best return on an investment this time last year would have been a few hundred bucks into FCA’s stock.)

Tesla may have more in common with FCA than it likes in terms of market unpredictability, which could raise the specter of a merger if its Model 3 isn’t on time or if the economy takes a dive, DeBord writes. As long as Musk doesn’t talk openly about hugging Mary Barra, he may have a decent shot.

Read More >

By on December 10, 2015

FCA_Location_1_Torino_Lingotto_high

Federal regulators Thursday fined Fiat Chrysler Automobiles $70 million for under-reporting death and injury claims from vehicles as far back as 2003, officials announced in a statement. The fine is related to a September announcement from the automaker to the Transportation Department that the automaker had violated terms of the Transportation Recall Enhancement, Accountability and Documentation (TREAD) Act.

The automaker issued a statement saying it would accept the penalty and agree to a consent order that would require FCA to submit crash data from the cars.

“FCA US LLC accepts these penalties and is revising its processes to ensure regulatory compliance. However, FCA US is confident that it identified and addressed all issues that arose during the relevant time period, using alternate data sources,” the company said in a statement.

Read More >

By on December 10, 2015

2016 Fiat 500

New product is not fueling renewed American interest in Fiat Chrysler Automobiles’ namesake Fiat brand.

The 500X, the latest product added to Fiat’s U.S. lineup, was clearly the brand’s best-selling model in November 2015, but sales at the brand slipped three percent, a modest drop of 82 units. Rewind one year and Fiat’s lineup featured only two nameplates: the 500 with which the brand relaunched in 2011, and the 30-month-old 500L. Adding the 500X, a true subcompact crossover, brought in 1,833 buyers in November 2015.

But the 500 and 500L combined to generate 1,915 fewer sales in November 2015 than in November 2014, astounding losses for a brand which in November of last year suffered a twelve-month sales low.

The Fiat brand’s figures in November 2015 were worse. Read More >

By on November 18, 2015

IMG_5052

Finally, a Fiat in North America that isn’t a 500.

The all-new 2017 Fiat 124 Spider is what happens when you give a spectacular chassis to the Italians and let them fit it with a torque-happy turbocharged engine.

The new roadster, which is based on the Mazda MX-5 Miata, was revealed today at the 2015 Los Angeles Auto Show. It will be powered by what we all suspected — a 1.4-liter turbocharged engine with 160 horsepower and 184 lbs-ft of torque. A pair of six-speed transmissions, one manual and the other automatic, will send that turbo power to the rear wheels.

Read More >

By on November 17, 2015

fiat-124-spider-leak

AutoGuide has an early image of the 2017 Fiat 124 Spider in full pixelated glory ahead of its reveal Wednesday at the Los Angeles Auto Show.

The two-seater sports car, which shares a similar skeleton as the Mazda MX-5 Miata, will reportedly sport a Fiat engine underneath its long hood — probably borrowed from the Fiat 500 Abarth. That 1.4-liter turbocharged mill produces 160 horsepower, which is only 5 more than the Miata.

Read More >

By on October 26, 2015

The National Highway Traffic Safety Administration selected former Transportation Secretary Rodney Slater as an independent monitor over Fiat Chrysler Automobiles safety compliance, the automaker announced Friday.

Slater was transportation secretary under President Bill Clinton from 1997 to 2001. After his federal post, Slater has held a slew of automobile safety-related posts including his recent appointment as special counsel to Takata.

Slater was the first black director for the Federal Highway Administration and the second black transportation secretary.

Read More >

By on October 22, 2015

United Auto Workers at Fiat Chrysler Automobiles plants voted to overwhelmingly approve a contract with the automaker three weeks after turning back its first proposal, the union reported.

According to a statement posted on the UAW’s website, 77 percent of hourly production, 72 percent of skilled trades and 87 percent of salaried bargaining unit workers approved the contract.

Read More >

By on October 16, 2015

Chickens

The union representing workers at the Fiat 500L factory in Kragujevac, Serbia has a big job ahead of it. Workers are demanding raises, bonuses, and a steady work schedule. In its most recent newsletter, the union listed those demands once again, but instead of news of a pay negotiation the union told workers they’ve negotiated a chicken discount at a local butcher.

Samostalni Sindikat FAS has represented workers at the 500L factory since their collective bargaining agreement was signed in 2010. At the time, the union was able to negotiate fair wages and additional benefits for workers, including a 31,000 RSD ($294 USD) monthly average salary. Workers were happy as many were unemployed after Yugo production was shut down in 2008, and the wage was considered fair at the time.

Read More >

By on October 13, 2015

 

Fiat Chrysler Automobiles may double the amount of temporary workers it uses under a new deal negotiated with the United Auto Workers, Bloomberg reported (via Automotive News).

The negotiated terms include a provision for the automaker to use the workers any day of the week, instead of the previously allowed Monday, Friday and weekend shifts.

According to the report, the terms may have been negotiated as a way to keep labor costs lower and offer more workers raises. Temp workers are hired at rates lower than any of the tiered-pay scales. Temp workers can be terminated at any time by the automaker.

Read More >

By on October 13, 2015

 

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 up the automaker’s California sales office and former head of Jeep operations before that.

His departure is the latest in a company-wide shakeup to consolidate most North American brands between fewer brand chiefs.

Read More >

By on October 12, 2015

 

United Auto Workers at Fiat Chrysler Automobiles facilities will vote next week on a newly proposed contract to cover 40,000 workers, the Wall Street Journal reported.

Workers will have until Oct. 20 to review the proposed deal, which was reached last week before a threatened strike. According to the report, workers will vote on the deal Oct. 20-21. Roughly 65 percent of workers reportedly voted down the first deal between the automaker and the UAW because of concerns over its tiered pay structure, health care co-op and lack of communication from union leadership. Read More >

By on October 8, 2015

UAW Bridging the Gap Banner Circa March 2015

On Wednesday night, as the deadline for strike action came closer and closer, the United Auto Workers-Fiat Chrysler Automobiles National Bargaining Committee announced they had “secured significant gains” over the last proposed tentative agreement that was widely rejected by UAW membership.

Details on the new agreement were not published.

The new proposed agreement averts a strike — for now — and will be sent Friday to local union leaders that comprise the UAW National Chrysler Council for discussion and voting.

“We heard from our members, and went back to FCA to strengthen their contract,” said UAW President Dennis Williams early Thursday morning in a statement. “We’ve reached a proposed Tentative Agreement that I believe addresses our members’ principal concerns about their jobs and their futures. We have made real gains and I look forward to a full discussion of the terms with our membership.”

FCA acknowledged they reached a new proposed tentative agreement with the union, but declined to give specifics due to the pending vote by UAW members.

Read More >

By on October 6, 2015

 

United Auto Workers at a Kokomo, Indiana plant have given notice to Fiat Chrysler Automobiles that it would strike Wednesday night, Automotive News reported. The notice is reportedly being used at other plants.

The automaker acknowledged the notification via a statement released Tuesday:

FCA US confirms that it has received strike notification from the UAW. The Company continues to work with the UAW in a constructive manner to reach a new agreement.

Read More >

Recent Comments

  • Lou_BC: @Carlson Fan – My ’68 has 2.75:1 rear end. It buries the speedo needle. It came stock with the...
  • theflyersfan: Inside the Chicago Loop and up Lakeshore Drive rivals any great city in the world. The beauty of the...
  • A Scientist: When I was a teenager in the mid 90’s you could have one of these rolling s-boxes for a case of...
  • Mike Beranek: You should expand your knowledge base, clearly it’s insufficient. The race isn’t in...
  • Mike Beranek: ^^THIS^^ Chicago is FOX’s whipping boy because it makes Illinois a progressive bastion in the...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber