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Fiat Chrysler raises outlook as Q2 profit jumps 70 percent

2015-07-30 23:23:25| Automakers - Topix.net

In this March 4, 2014 file photo, the 2015 Jeep Renegade is on display at the Geneva International Motor Show in Geneva, Switzerland. Fiat Chrysler Automobiles on Thursday, July 30, 2015 raised its revenue forecast after strong sales in North American and a recovery in the European market boosted second-quarter profits by 70 percent.

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News Corp director dragged into Fiat Chrysler scandal

2015-07-30 06:49:38| Automakers - Topix.net

John Elkann - the heir to Italy's Fiat, Ferrari and Alfa Romeo empires, a director of Rupert Murdoch's News Corp, and one of the world's richest men - has been dragged into the legal dispute between Fiat Chrysler Australia and former chief executive Clyde Campbell . Mr Campbell has named Mr Elkann, one of the most powerful men in the global automotive industry, as one of the people who gave him carte blanche to lift sales in Australia.

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Exclusive: FCA's Chrysler group faces U.S. product drought through 2016

2015-07-29 22:25:23| Automakers - Topix.net

Fiat Chrysler Automobiles NV will face a shortage of new products in North America over the next 18 months, especially hot-selling trucks and crossover vehicles, according to three sources familiar with the company's plans. While the Italian-American automaker said it will bring three new sports models from Italy to the United States in the coming year, it plans to introduce only one all-new vehicle developed and built in North America: A redesigned Chrysler Town and Country minivan that is due next spring.

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Fiat Chrysler settlement raises questions for dealers, drivers

2015-07-28 04:16:46| Auto Dealers - Topix.net

The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announces a record $105 million in fines against Fiat Chrysler Automobiles over lapses in safety recalls involving millions of vehicles. The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announces a record $105 million in fines against Fiat Chrysler Automobiles over lapses in safety recalls involving millions of vehicles.

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Safety regulators fine Chrysler record $105 million

2015-07-27 21:34:21| Automakers - Topix.net

The U.S. auto safety watchdog, toughening its stance against manufacturer defects, announced a record $105 million in fines against Fiat Chrysler Automobiles NV over lapses in safety recalls involving millions of vehicles. The Italian-U.S. automaker's consent agreement with the National Highway Traffic Safety Administration contains an unprecedented buyback option covering hundreds of thousands of vehicles, including more than 1 million Jeep sport utility vehicles, whose owners can receive a trade-in or a financial incentive to get their vehicles repaired.

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