Fiat
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Future small cars from Fiat Chrysler Automobiles will not be using an updated version of their small car platform. Instead, they'll be underpinned by PSA Group's Common Modular Platform (CMP). Automotive News obtained a letter sent by FCA to suppliers in July stating "to immediately stop any research, development and tooling construction activities on future B-segment (small/subcompact) cars." These include the Fiat 500 and Jeep Renegade to give some context. The letter goes on to say it is moving to CMP and that vehicles based on this will be built at the company's Tychy, Poland plant - home to 500 and Lancia Yplilon production. FCA had already put a stop, alb…
Last reply by balthazar, -
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Fiat's future is uncertain in North America as the brand struggles to find sales. Already, the Fiat 500 has been dropped from the lineup in North America, and that was one of the better sellers. The Fiat 500X is more of a crossover hatchback. It shares its platform with the fantastically more popular Jeep Renegade. Still, even in spite of its sales troubles, Fiat is releasing a refresh of the 500X Sport for 2020. The new 500x Sport gets new front and rear fascia designs, a black roof option, dark finished headliner and pillars, new sport seating, an updated version of uConnect with a 7-inch display including navigation, Apple CarPlay, and Android Auto. A new exter…
Last reply by ccap41, -
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Last reply by David, -
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The Fiat 500 that helped re-launch the brand in North America has been dropped from the 2020 Fiat lineup according to FCA. The 500 has lingered on with poor sales for years, selling just 1,692 copies in the first six months of 2019. Existing supplies of the Fiat 500 will sustain what demand there is for the little car for months. Continuing on, though unsure as to why, will be the 500X, 500L, and 124 Spider. Why any of those vehicles are continuing while the 500 gets the scythe is unknown... all of them sell even worse than the 500 does. The 500 first came to the US in 2011 when gas prices were in the $4.00 range in certain parts of the country. It initially enjoye…
Last reply by Drew Dowdell, -
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SMART just recently announced they will be leaving the U.S. and reorienting towards China. Could Fiat be throwing in the towel in the U.S.? It could be if the signal of investment location is the tea leaf to be read. While the Fiat brand has nearly disappeared in China and rapidly fading in the US, they are targeting the Brazilian market, Europe, and emerging markets in their new 5-year plan. Fiat has been struggling in the U.S. for year, and in spite of fielding 4 models, Fiat moved just 15,521 vehicles in the U.S. in 2018, a decline of 41% over 2017. Sales continue to fall in 2019, down another 42% YTD as of April 2019. According to a report in Bloomberg,…
Last reply by Potluck, -
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Back in October, the rumorpile brought to light plans at Fiat Chrysler Automobiles for a new straight-six engine to replace the Pentastar V6. This engine would be based on the new four-cylinder Global Medium Engine (GME) currently used in the Alfa Romeo Giulia and Jeep Wrangler. Max displacement is expected to be around 2.9L due to European taxes. We have some new details on this engine. Allpar is reporting this engine is likely not going to be based on GME due to size concerns. Instead, it will be a new design that will be featuring small bores that are closely spaced, and aluminum hardening instead of steel cylinder linings. The goal is to have the engine be three-…
Last reply by regfootball, -
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Fiat Chrysler Automobiles is considering replacing the Pentastar V6 with a brand new straight-six engine. A source tells Allpar the new engine will be based on their new four-cylinder Global Medium Engine (GME) - what is found under the hood of the Jeep Wrangler and Alfa Romeo Giulia. This will allow FCA to build the engine alongside the four-cylinder variant. Not many technical details are known about the engine aside from it being pegged around 2.9L to avoid taxes in certain European countries. We might expect larger displacements for trucks and SUVs. Production could take place at FCA's Dundee and Trenton, Michigan plants. It is expected that Ferrari will use a va…
Last reply by smk4565, -
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Fiat Chrysler Automobiles' new CEO Mike Manley has a lot on his plate. He has address multiple challenges in the U.S. that were left by the passing of Sergio Marchionne last month - moving forward with the five year plan, figuring out the future of Chrysler and Dodge; and getting new vehicles out the door. But that doesn't compare to the challenges in Europe. The Wall Street Journal reports that Manley has a number of issues that need be addressed. The biggest one is improving the overall profitability in the region. Last year, FCA had an operating profit of $5.96 billion in the U.S. In Europe, only $840 million. A key reason for this is that three-quarters of FCA's …
Last reply by Robert Hall, -
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Sergio Marchionne, the former head of Fiat Chrysler Automobiles who is credited for saving Chrysler and Fiat has passed away today at age 66 due to complications from shoulder surgery. “Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone,” said FCA Chairman John Elkann in a statement this morning. Marchionne came into the spotlight back in 2004 when he was named CEO of Fiat. He was Fiat's fifth CEO in less than two years and had a big task ahead of him. The Italian automaker was struggling as it had lost more than 6 billion Euros (about $7 billion) the year before. Marchionne was somehow able to pull Fiat from the brink by…
Last reply by daves87rs, -
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Mike Manley has been chosen as the replacement for the seriously ill Sergio Marchionne as Fiat Chrysler Automobiles CEO today. A source tells Automotive News Europe that the decision was made during an emergency meeting of FCA's board of directors today. "With reference to the health of Sergio Marchionne, Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) communicates with profound sorrow that during the course of this week unexpected complications arose while Mr. Marchionne was recovering from surgery and that these have worsened significantly in recent hours," FCA said in a statement released a few moments ago. "As a consequence, Mr. M…
Last reply by David, -
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*UPDATE* Automotive News Europe is reporting that Jeep and Ram Trucks head Mike Manley will become Marchionne's successor as FCA CEO. We'll have more in an upcoming news story. The era of Sergio Marchionne leading Fiat Chrysler Automobiles and Ferrari is seemingly coming to abrupt end. Last night, both Bloomberg and Reuters reported that Marchionne would not return as CEO of the two companies due to complications from surgery. Earlier this month, FCA said Marchionne would be going on medical leave for shoulder surgery. Sources tell Reuters that since the operation, the CEO has been experiencing “massive” and serious complications. The boards of FCA and Ferrari a…
Last reply by Robert Hall, -
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Rumors of a possible buyer for Fiat Chrysler Automobiles have popped up again. Late last week, the Asia Times learned from sources that Hyundai Motor Group CEO Chung Mong-koo is waiting for "an expected decline" in shares of FCA before launching a takeover bid attempt. This is expected to launch sometime between the summer and "prior to the Fiat-Chrysler annual shareholders’ meeting in May 2019." Reportedly, FCA CEO Sergio Marchionne drew Hyundai's attention by using interest from Great Wall Motor. The deal is being spurred by Paul Singer, the principal of Elliott Management. Singer made headlines in April by pressuring Hyundai to merge with Mobius, their parts'…
Last reply by Drew Dowdell, -
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Tomorrow will be Fiat Chrysler Automobile's final five year plan being presented under current CEO Sergio Marchionne. We reported on what is expected to be talked about yesterday in the rumor pile. Today, we have gotten a clear picture of what will be presented in the plan. Automotive News found the schedule for the five-year presentation on a company website before being taken down. The schedule features sections for Jeep, Ram, Maserati, Alfa Romeo, Autonomous Driving and Connectivity, and CO2 reduction. Not listed on the schedule were Chrysler, Dodge, and Fiat. This unsurprisingly sent a number of people into a tizzy as they see this as a possible hint that these b…
Last reply by David, -
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Fiat Chrysler Automobiles announced their latest five-year plan at an investor meeting in Italy. This is important as it will be the final plan presented by CEO Sergio Marchionne who will retire next year. Aside from news about Sergio actually wearing a tie (I'm being completely serious here -WM), there were some interesting bits to come out. We're going to breaking down what is in store for each brand along with intriguing information that was presented. Jeep: Four new models are expected to launch by 2022. They include the Wrangler pickup, Wagoneer/Grand Wagoneer, a smaller model to sit underneath the Renegade, and a three-row crossover to sit next to…
Last reply by Robert Hall, -
Friday will mark the end of an era as Fiat Chrysler Automobiles CEO Sergio Marchionne will present his final five-year plan before he retires next year. Bloomberg has gotten a possible preview of what to expect from various sources. The overall plan will see FCA focus their resources on "promising niches" instead of competing against such brands as Volkswagen and Toyota in the mass-market. This is possibly seen as a possible plus if FCA was somehow able to partner/merge with another automaker. Jeep is expected to be the focal point of the new five-year plan. Currently, the brand makes up 70 percent of FCA's profits according to estimates from analysts. Marchionn…
Last reply by ccap41, -
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Fiat Chrysler Automobiles finds itself in a fair amount of hot water over the use of defeat devices in the 3.0L EcoDiesel used in the Ram 1500 and Jeep Grand Cherokee with various lawsuits. But that water could become hotter as newly unsealed documents reveal FCA's suppliers discussed the use of illegal software back in 2010. Sergio Pasini, the controls and calibration director at supplier VM Motori wrote in an email that FCA wanted to use software in their diesel engine that could detect when a vehicle was undergoing emission tests and activate emission controls. The software known as 't_engine' "is, no matter what Fiat says, a cycle detection," Pasini wrote i…
Last reply by daves87rs, -
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Fiat Chrysler Automobiles' CEO Sergio Marchionne will be making one final move before his retirement - ending production of mass-market vehicles in Italy. Sources tell Bloomberg that on June 1st, Marchionne will unveil a plan that will see the end of production for the Alfa Romeo MiTo and Fiat Punto to make way for more upscale models. Fiat's historic plant in Turin will be retooled to build a new smaller Maserati SUV alongside the Levante. Another plant nearby Naples will be home to a small Jeep SUV after production of the Fiat Panda moves to Poland. It should be noted that the plan isn't finalized and details could change. FCA declined to comment when reached by Bl…
Last reply by daves87rs, -
Lawsuits are fun as they bring forth documents that reveal the internal workings of a company. Case in point is a securities case against Fiat Chrysler Automobiles. Earlier this week, lawyers filed excerpts of an email from CEO Sergio Marchionne to Gualberto Ranieri, the company’s U.S. spokesman sent in 2015. According to Reuters, the email reprimanded Ranieri for making comments about how the company doesn't use defeat devices in their vehicles. “Are you out of your goddam mind?” wrote Marchionne in the email. Marchionne also wrote that Renieri's actions were “utterly stupid and unconscionable” and that he should be fired. In a statement provided to Reuter…
Last reply by riviera74, -
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More and more automakers are beginning to turn away from diesel due to demand for the fuel dropping and the rising costs of making engines compliant. The latest automaker that could be leaving the diesel fraternity is Fiat Chrysler Automobiles. The Financial Times has learned from sources that FCA plans on eliminating diesel engines from their passenger vehicles by 2022. This will be announced during the reveal of FCA's new four-year plan expected to take place on June 1st. FCA will continue to utilize diesel engines in commercial vehicles (including Ram Trucks), though it is unclear for how long. FCA declined to comment on this report when asked by Reuters. …
Last reply by ocnblu, -
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Fiat Chrysler Automobiles pushed out over-the-air update for the UConnect system on Friday and it is causing numerous problems. Jalopnik reports that the update is causing the UConnect system in 2017 and 2018 FCA models to constantly reboot every 45 seconds or so. Owners took to Twitter to vent their frustrations to the UConnectCares account saying how they lost audio, navigation, climate controls, and even the backup camera. Usually, a prompt would come up when an update is sent out with the ability to choose yes or not. But some owners tell Jalopnik they did not get a prompt, the update automatically installed. UConnectCares has acknowledged the problem and sa…
Last reply by David, -
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The U.S. Justice Department has offered Fiat Chrysler Automobiles a possible settlement over its emissions-cheating EcoDiesel engine. But it will likely cost FCA a large chunk of cash. Bloomberg obtained a copy of the settlement offer that was sent to FCA's lawyers. The key detail of the proposed settlement says the settlement “must include very substantial civil penalties” that discourage others future violations and that “adequately reflect the seriousness of the conduct that led to these violations.” The proposed settlement doesn't mention an end of the criminal investigation by the Justice Department. Spokespeople for FCA did not respond for comment. Bl…
Last reply by David, -
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Fiat Chrysler Automobiles is trying to put the past behind them with the 3.0L EcoDiesel emission mess. The company has restarted production of the engine for the 2017 Ram 1500 and Jeep Grand Cherokee, and is in the process of getting a fix out there for older models. Now, talks about a possible settlement for owners of the 3.0L EcoDiesel are making some significant progress. At a hearing yesterday in San Fransisco, court settlement master Ken Feinberg said that proposed settlement documents have been passed between lawyers for FCA and owners of the 3.0 EcoDiesel. The proposal was also discussed at a meeting where the lawyers for both groups were joined by the Justice…
Last reply by David, -
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Seven years ago, Chinese automaker Guangzhou Automobile Group (GAC) entered into a joint venture Fiat Chrysler Automobiles. Currently, the joint venture locally builds the Cherokee, Compass, and Renegade. The venture also imports the Grand Cherokee and Wrangler for Chinese buyers. It has proven to be successful as the venture saw its sales triple to nearly 150,000 vehicles in 2016. Because of this, GAC wants to strengthen their ties with FCA. "GAC has a real interest in deepening relations with Fiat Chrysler to expand outside China, especially in the U.S. Fiat hasn’t been able so far to catch up with competitors in China, so there is much room to improve," said Vince…
Last reply by Robert Hall, -
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Fiat Chrysler Automobile has quietly ended production of right-hand drive models from Chrysler and Dodge. According to South Africa's Wheels24, the announcement comes as FCA drops Chrysler and Dodge from their South Africa lineup. "FCA will say a fond farewell to two of the mainstay car brands, with the Chrysler and Dodge vehicle ranges no longer being available locally. This unfortunate situation has arisen from our principals in the USA no longer building Chrysler or Dodge vehicles in Right Hand Drive configuration," the company told Wheels24. According to Allpar, FCA built RHD variants of 300 and Charger in Brampton, Ontario, and Pacifica and Grand Caravan in…
Last reply by Stew, -
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If there is one thing the Fiat Chrysler CEO Sergio Marchionne has been consistent on aside from changing his mind on a number of things is his dislike on electric vehicles. Speaking to reporters this week at the New York Stock Exchange, Marchionne said there isn't a viable economic model for electric cars. "We still don't have a viable economic model for delivering an electric car. As much as I like Elon Musk, and he's a good friend and actually he's done a phenomenal job of marketing Telsa, I remain unconvinced of a ... economic viability of the model that he's pitching," said Marchionne. Marchionne believes the costs for batteries and the various technolo…
Last reply by ocnblu,
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