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Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers
FCA, PSA Reach Tentative Merger Deal

FCA, PSA Reach Tentative Merger Deal

Fiat Chrysler and PSA Group have agreed to join forces to create the world’s No. 4 automaker in a $48 billion deal designed to save the factories billions in research and development costs.

October 31, 2019

Report: FCA and PSA in Merger Talks

Report: FCA and PSA in Merger Talks

Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal that would form a General Motors-sized factory.

October 30, 2019

Fiat Deletes 500 From North American Lineup

Fiat Deletes 500 From North American Lineup

2019 marks the last model-year for the Fiat 500, 500e, and 500 Abarth in the U.S. and Canada, ending a 10-year production run and leaving the 500X CUV, 500L, and 124 Spider as the Italian brand’s only North American models.

September 4, 2019

SAAR Dips to 16.6M in Watershed Sales Report

SAAR Dips to 16.6M in Watershed Sales Report

July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted annualized rate fell below 17 million for the fourth time this year.

August 2, 2019

Industry Leader Lee Iacocca Dead at 94

Industry Leader Lee Iacocca Dead at 94

Famed auto executive and visionary Lee Iacocca has died, leaving a legacy of leadership, ingenuity, and a no-nonsense approach to the design, sale, and financing of American vehicles.

July 3, 2019

FCA Blames French State for Failed Renault Merger

FCA Blames French State for Failed Renault Merger

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A week ago, the companies were poised to form the world’s third-largest automaker.

June 6, 2019

FCA Proposes Merger With Renault

FCA Proposes Merger With Renault

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s third-largest manufacturer.

May 28, 2019

Report: Escalating Inventories Erode Dealer Profits

Report: Escalating Inventories Erode Dealer Profits

U.S. manufacturers and dealers are knocking on the door of the all-time record for days’ supply of new vehicles, an issue compounded by higher floorplan expenses, according to the latest figures from Automotive News.

April 29, 2019

FCA Settles Dealer Antitrust Suit

FCA Settles Dealer Antitrust Suit

Fiat Chrysler has settled a lawsuit brought by seven dealers who leveled charges of antitrust violations and breach of contract in federal court, claiming the factory and competing dealerships conspired to falsify new-vehicle sales reports.

April 8, 2019