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Fiat Chrysler's Elkann sees more consolidation in auto industry

2015-04-14 09:51:25| Automakers - Topix.net

MILAN -- Fiat Chrysler Automobiles Chairman John Elkann sees the need for more combinations in the auto industry and expects consolidation to continue. "Hopefully this will be driven by reason and common sense rather than by crisis," Elkann, 39, chairman of Exor SpA, said in his annual letter to the investment company's shareholders.

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Fiat Chrysler to invest $540 million in new engines for Alfa Romeo

2015-04-08 22:19:16| Automakers - Topix.net

The carmaker plans to invest 5 billion euros in Alfa Romeo to boost sales more than fivefold to 400,000 vehicles in 2018 by adding eight new models and ramping up production. The engines, to be produced at the group's Termoli factory in southern Italy, include an advanced high output four-cylinder engine developed for Alfa Romeo, the company said.

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Fiat Chrysler Faces More Hazards

2015-04-05 22:43:29| Automakers - Topix.net

Fiat Chrysler Automobiles NV could face additional legal headaches after several years of work by the auto maker to ease concerns about fiery rear-end Jeep crashes ran headlong into a jury awarding significant damages.

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Auto sales: Fiat Chrysler up; GM, Ford fall

2015-04-02 07:59:10| Automakers - Topix.net

Fiat Chrysler Automobiles eked out a slim sales gain of 1.7% in March while sales fell 2.4% for General Motors and 3.4% for Ford during a month that proved to be more difficult than expected for the U.S. automotive industry regain momentum after a cold, snowy winter. Fiat Chrysler's U.S. sales up for 60th month; GM, Ford fall DETROIT - Fiat Chrysler Automobiles eked out a slim sales gain of 1.7% in March while sales fell 2.4% for General Motors and 3.4% for Ford during a month that proved to be more difficult than expected for the U.S. automotive industry regain momentum after a cold, snowy winter.

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Fiat Chrysler US auto sales in March meet expectations

2015-04-01 15:45:46| Auto Dealers - Topix.net

A Fiat Chrysler assembly worker works on the interior of a partially assembled minivan at the Windsor Assembly Plant in Windsor, Ontario, February 9, 2015. T REUTERS/Rebecca Cook FCA, the first of the major automakers to report monthly sales on Wednesday, said its Jeep and Chrysler brands had double-digit gains, while the Dodge and Fiat brands fell from a year earlier.

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