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Fiat Chrysler faces record US fine
2015-07-27 03:22:33| BBC News | Business | UK Edition
US regulators impose a record fine of $105m (67.6m) on Fiat Chrysler over a recall failure.
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U.S. to hit Fiat Chrysler with record $105 million fine for recall missteps
2015-07-26 08:47:29| Automakers - Topix.net
The U.S. government will hit Fiat Chrysler with a record $105 million fine this week for violating laws in a series of vehicle safety recalls, a person briefed on the matter said. The National Highway Traffic Safety Administration will reveal the fine on Monday.
Fiat Chrysler recalls 1.4M vehicles to prevent hacking
2015-07-24 22:36:37| Wireless - Topix.net
Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S. just days after two hackers revealed that they took control of a Jeep Cherokee SUV over the Internet. The company also disclosed in government documents that the hackers got into the Jeep through an electronic opening in the radio and said it would update software to close it.
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5. Ferrari files for IPO to raise funds for Fiat Chrysler
2015-07-24 05:12:53| Automakers - Topix.net
Fiat Chrysler Automobiles NV's plan to raise money by spinning off Ferrari took a step forward with the automaker filing for the unit's initial public offering on the New York Stock Exchange. Fiat Chrysler, which has estimated the supercar division's value at more than $11 billion, plans to complete the separation in early 2016, the Italian-American manufacturer said in a filing with the U.S. Securities and Exchange Commission.
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Fiat Chrysler CEO, union agree that two-tier wages should go
2015-07-15 00:01:36| Automakers - Topix.net
Fiat Chrysler CEO Sergio Marchionne and United Auto Workers President Dennis Williams agree on at least one thing: getting rid of the two-tier wages for hourly workers in the company's U.S. plants. The UAW agreed to allow lower pay for entry level workers in 2007 when Chrysler, General Motors and Ford were struggling.
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