Archive for the ‘Fiat’ Category

Fiat Auto Union Protests Signing of Ronaldo

Fiat, Juventus owned by same company — that can't pay raises to union.

by on Jul.13, 2018

Unione Sindicale di Base, the union representing workers at the Fiat plant in Melf, Italy, are protesting the signing of Cristiano Ronaldo.

(This story has been updated.)

The World Cup will be decided this weekend but Italian auto workers are threatening to go on strike at a Fiat plant in Southern Italy over the Agnelli family’s decision to pay the equivalent $117 million for the services one of soccer’s superstars.

The Italian club, Juventus, which is owned by Exor, the Agnelli family’s holding company which also owns Fiat, signed Portuguese star Cristiano Ronaldo to a contract, stealing him away from Real Madrid, the high-profile club for which he played for the past nine seasons.

Union News!

Exor own 29.1% of Fiat’s shares and 64% of Juventus, which like other major European football franchises has exploded in value during the past decade and Fiat CEO Sergio Marchionne also serves on Exor’s board. (more…)

Dodge Boss Beahm Fills in the Blanks About Brand’s Product Plans

“Everything will have a performance element.”

by on Jun.28, 2018

Dodge boss Steve Beahm with the 2019 Dodge Challenger ScatPack discussed the brand's future.

During a daylong session in Milan, Italy, earlier this month, Fiat Chrysler Automobiles’ senior management team offered an in-depth look at the company’s next five-year plan – but they focused all but exclusively on four global FCA brands: Jeep, Ram, Alfa Romeo and Maserati, raising more questions than answers about the company’s two other U.S. divisions, Chrysler and Dodge.

While the fate of the Chrysler brand appears to be far from certain, there’s far more opportunity for Dodge, it appears, albeit as a niche brand increasingly focused on muscle.

We Keep You In the Know!

“Any vehicle in the Dodge brand going forward will have a performance element to it,” said Steve Beahm, the head of Dodge and the other U.S. passenger car brands, in a conversation with TheDetroitBureau.com. (more…)

Paris Motor Show Exodus Accelerates

Key FCA brands follow BMW, Ford, Nissan and VW out the door.

by on Jun.04, 2018

This scene is not going to play out this fall at the Paris Motor Show.

It’s looking likely to be rather lonely at the Paris Motor Show this year with a rapidly growing list of major manufacturers announcing they will be no-shows next autumn at an event that has traditionally been a must for the industry.

Auto shows, in general, are coming under scrutiny as manufacturers begin weighing their costs and benefits, and start comparing them to marketing alternatives such as the Consumer Electronics Show in Las Vegas, the Mobile World Congress in Barcelona, and even the annual Pebble Beach Concours d’Elegance.

Auto Show News!

Fiat, Alfa Romeo and Jeep will be holdouts at the 2018 Mondial de l’Automobile, which was set to begin on Oct. 2 with two days of press debuts, and then remain open to the public through Oct. 14. Fiat Chrysler Automobiles will still show off its Maserati brand, as well as Ferrari. (more…)

In Final Move as FCA CEO, Marchionne Expected to Order Massive Shift in Product, Manufacturing Plans

Small Fiat models likely to be dropped, brand may leave U.S.

by on May.18, 2018

Could FCA pull the Fiat brand out of the U.S.?

As Fiat Chrysler Automobiles prepares for life beyond its founding chief executive, CEO Sergio Marchionne is expected to announce major shifts in the automaker’s product and manufacturing strategy, according to several reports.

During a June 1 meeting meant to reveal FCA’s next five-year plan, the 65-year-old executive reportedly will announce that the Fiat brand will abandon two of its base models, the Punto and Mito, while shifting emphasis to more up-market models. The automaker also will put more emphasis on its Jeep brand which, Marchionne said during the Detroit Auto Show earlier this year, could help Fiat Chrysler double its earnings during the next five years.

The Last Word!

One of the key questions hanging over the Euro-American automaker may not be resolved during a meeting bringing together analysts and journalists from around the world: who will replace Marchionne as CEO? He has dropped hints that his successor will come from FCA’s current top management ranks, which means no women or outsiders are in the running.

(more…)

Fiat Chrysler Said to be Exiting Diesel Business on Car Side

Plan reportedly set to be announced in June.

by on Feb.26, 2018

FCA appears ready phase out diesels in all but pickups and Jeeps.

Fiat Chrysler Automobiles plans to end production of diesel-powered passenger cars by 2022, according to a newly published report, though it left open the possibility the automaker will continue offering the high-mileage technology in some of its trucks.

The plan is set to be announced in June as part of the broader five-year strategy the carmaker will unveil – about the same time it is expected to outline plans to replace the soon-to-retire CEO Sergio Marchionne.

Global News!

A phase-out of diesel production by FCA would not be entirely unexpected in the wake of the Volkswagen emissions cheating scandal sales of the technology has slumped in many markets, especially in Europe. And regulators in many places, including the city of Paris, are now considering diesel bans. Porsche last week announced its own plan to phase-out the technology. (more…)

Lexus and Buick Lead Industry in Long-Term Dependability

But latest J.D. Power study finds reliability is up overall.

by on Feb.14, 2018

The Lexus ES led in the Premium Compact Car segment, while Lexus was ranked the most dependable brand overall.

While many studies look at the quality of vehicles soon after they roll off the showroom floor, the real question is how they hold up after a few years on the road. And the answer, according to annual J.D. Power Vehicle Dependability Study, is better than ever.

Almost across the board, reliability showed a large jump – the first improvement since 2013 – though some manufacturers did notably better than others. For the seventh consecutive year, the Japanese luxury brand Lexus led the VDS overall while Buick was tops among mass market brands. Chrysler lagged at the back of the pack, with nearly twice as many problems as those two rivals, but it also showed some improvement.

Insight!

“For the most part, automotive manufacturers continue to meet consumers’ vehicle dependability expectations,” said Dave Sargent, the head of automotive practices as J.D. Power and Associates. “A 9% improvement is extremely impressive, and vehicle dependability is, without question, at its best level ever. For people looking for a new or used model, now is a good time to find that special vehicle.”

(more…)

Fiat Hopes to Turbocharge Sales with Updated 500 Line

Italian brand promises to offer America’s “most affordable” turbo model.

by on Feb.09, 2018

Starting with 2019 models, all Fiat 500s will get turbocharged engines as standard equipment, as FCA hopes to boost sales.

Fiat is turbocharging its little 500 coupe and convertible models for 2019 and, in the process, hoping to give the entire brand a big boost.

For the coming model year, all Fiat 500s will be powered by turbocharged engines, starting with the base car that will now feature a 1.4-liter Multi-Air inline-four making 135 horsepower and 150 pound-feet of torque.

News Now!

Set to roll into U.S. showrooms early in the second-quarter, Fiat has yet to announce pricing, but “We believe the new Fiat 500 will be the most affordable turbocharged model in America,” said brand boss Matt McAlear, during a preview of the updated minicar at the Chicago Auto Show. (more…)

FCA Shuffling Top Execs as Marchionne’s Retirement Looms

Changes in top posts has some wondering who will take CEO's post.

by on Feb.06, 2018

Dodge passenger car boss Tim Kuniskis with the Dodge Demon during a background briefing.

With the choice of a new CEO to replace the soon-to-retire Sergio Marchionne looming ahead for the company, Fiat Chrysler Automobiles N.V. made a series of executive changes aimed at filling key changes.

Tim Kuniskis was named Head of Alfa Romeo and Maserati brands globally. Kuniskis, a 26-year veteran of FCA, most recently served as head of passenger car brands in North America, which includes Chrysler, Dodge, Fiat and SRT.

News Now!

Prior to that role, he held a series of positions in U.S. sales business centers as well as in the Dodge and Fiat brands.  (more…)

UAW Disputes Iacobelli’s Chrysler Stock Sale Claim

Former FCA VP claims to have scripted UAW leader's response to stock sale.

by on Jan.30, 2018

General Holiefield, left, UAW vice president, and Alphons Iacobelli, right, former FCA union negotiator.

The United Auto Workers has flatly rejected the claims by a former Fiat Chrysler Automobile executive, who has plead guilty federal felony charges, that he influenced a critical decision about FCA’s restructuring.

As part of the plea agreement, Alphons Iacobelli, former FCA vice president of labor relations had to admit to his crimes, including the making illicit payments to officials of the United Auto Workers to influence union negotiations.

News You Can Trust!

UAW President Dennis Williams flatly denied the illicit payments to the late General Holiefield, the former head of the union’s Chrysler Department, and union’s top negotiator with FCA, had any influence on the 2011 contract negotiations, which were restrained by a “no-strike” clause that was imposed as part of the government bailout of the automaker. (more…)