Jump to content

Search the Community

Showing results for tags 'FCA'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • News and Views
    • Staff Reviews
    • Reader Reviews
    • Auto Show Coverage
    • Sales Figure Ticker
    • Editorials
    • Competitions
    • Industry News
    • Motorsports
  • Brand Discussion
    • Aston Martin
    • BMW Group
    • Daimler AG
    • Fiat-Chrysler Automobiles
    • Karma
    • Ferrari
    • Fisker
    • Ford Motor Company
    • General Motors
    • Honda Motor Company
    • Hyundai Motor Group
    • Jaguar-Land Rover
    • Lotus
    • Mazda
    • McLaren Automotive
    • Nissan-Renault Alliance
    • Peugeot
    • Rivian
    • SAAB / NEVS
    • Subaru
    • Suzuki
    • Tesla
    • Toyota Motor Corporation
    • Chinese Automakers
    • Volkswagen Automotive Group
    • Volvo
    • The British
    • The Italians
    • The French
  • Heritage Marques
  • Forum Information
  • Social Central
  • Tech Corner
  • Design Studio
  • Cadillac Appreciation Club's Cadillac Discussion
  • European Car Lovers's Topics

Categories

  • Auto Shows
    • Detroit Auto Show
    • Consumer Electronics Show (CES)
    • Chicago Auto Show
    • New York Auto Show
    • Geneva Auto Show
    • Beijing Auto Show
    • Shanghai Auto Show
    • Paris Motor Show
    • Frankfurt International Motor Show
    • Los Angeles Auto Show
    • SEMA
    • Tokyo Motor Show
  • Opinion
  • News
    • Acura
    • Alfa Romeo
    • Alternative Fuels
    • Aston Martin
    • Audi
    • Automotive Industry
    • Bentley
    • BMW
    • Buick
    • Cadillac
    • Chevrolet
    • Chrysler
    • Dodge
    • Ducati
    • Ferrari
    • Fiat
    • Fisker
    • Ford
    • Genesis
    • GM News
    • GMC
    • Holden
    • Honda
    • Hyundai
    • Infiniti
    • Jaguar
    • Jeep
    • Karma
    • Kia
    • Lamborghini
    • Land Rover
    • Lexus
    • Lincoln
    • Maserati
    • Mazda
    • McLaren
    • Mercedes Benz
    • MINI
    • Mitsubishi
    • Nissan
    • Opel/Vauxhall
    • Peugeot
    • Porsche
    • Ram Trucks
    • Rivian
    • Rolls-Royce
    • Saab / NEVS
    • Sales Figures
    • Scion
    • SMART
    • Subaru
    • Tesla
    • Toyota
    • Volkswagen
    • Volvo
    • Zotye
  • Reviews
  • Deal Alert

Categories

  • Tires and Wheel Specials
  • Automotive Maintenance Specials

Product Groups

  • Converted Subscriptions
  • Advertising
  • Hosting

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


GooglePlus


Skype


Location


Interests

Found 203 results

  1. FCA US Reports March 2019 Sales Ram pickup reports new March record as sales increase 9 percent to 45,187 sold Jeep® Grand Cherokee notches best March ever as sales rise 26 percent to 24,655 vehicles sold Ram brand sets new March record as sales jump 15 percent to 51,822 sold April 2, 2019 , Auburn Hills, Mich. - FCA US LLC reported a new March record for the Ram brand as sales jumped 15 percent, underscoring the success the company has found in its two-pronged strategy of selling both the Ram 1500 and Ram Classic. The performance of the Ram brand, combined with a new March record for Jeep® Grand Cherokee, countered general softness within the industry. FCA sold 200,307 vehicles in the month. "The industry had a tough first quarter but with spring finally starting to show its face and continued strong economic indicators, such as a boost in housing sales, lower lending rates and a strong labor market, we are confident that new vehicle sales demand will strengthen going forward," Reid Bigland, Head of U.S. Sales, said. "Meanwhile, our Ram brand sales and average transaction prices continue to be strong and our much anticipated, game-changing Jeep Gladiator pickup is on track for its in-market debut this month." See the attached table for the breakdown of brand and nameplate sales. Method of Determining FCA US LLC’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing. Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US. Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows: Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months). Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user. Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees). FCA US LLC Sales Summary March 2019 Model Month Sales Vol % Change CYTD Sales Curr Yr Pr Yr Vol % Change Curr Yr Pr Yr Compass 14,945 17,302 -14% 37,306 43,520 -14% Patriot 1 100 -99% 10 364 -97% Wrangler 21,963 27,829 -21% 49,978 55,504 -10% Gladiator 43 0 New 123 0 New Cherokee 18,262 23,764 -23% 49,420 50,610 -2% Grand Cherokee 24,665 19,616 26% 57,749 53,448 8% Renegade 7,449 9,771 -24% 18,218 24,659 -26% JEEP BRAND 87,328 98,382 -11% 212,804 228,105 -7% Ram P/U 45,187 41,307 9% 120,026 103,964 15% Cargo Van 0 0 0% 0 0 ProMaster Van 4,928 2,451 101% 13,319 6,457 106% ProMaster City 1,707 1,120 52% 3,668 3,233 13% RAM BRAND 51,822 44,878 15% 137,013 113,654 21% 200 8 189 -96% 26 659 -96% 300 3,704 6,223 -40% 8,290 12,992 -36% Town & Country 0 1 -100% 1 3 -67% Pacifica 8,457 13,086 -35% 23,274 32,579 -29% CHRYSLER BRAND 12,169 19,499 -38% 31,591 46,233 -32% Dart 2 87 -98% 8 252 -97% Avenger 0 0 100% 0 1 -100% Charger 8,858 8,504 4% 20,615 21,265 -3% Challenger 6,562 8,150 -19% 13,431 17,648 -24% Viper 0 6 -100% 1 9 -89% Journey 8,513 10,275 -17% 24,003 18,419 30% Caravan 15,806 16,292 -3% 35,440 43,144 -18% Durango 6,626 5,870 13% 17,019 16,233 5% DODGE BRAND 46,367 49,184 -6% 110,517 116,971 -6% 500 310 439 -29% 778 1,309 -41% 500L 61 173 -65% 168 395 -57% 500X 262 607 -57% 755 1,579 -52% Spider 214 325 -34% 513 731 -30% FIAT BRAND 847 1,544 -45% 2,214 4,014 -45% Giulia 858 1,284 -33% 2,035 3,085 -34% Alfa 4C 18 22 -18% 41 54 -24% Stelvio 898 1,270 -29% 2,210 2,653 -17% ALFA ROMEO 1,774 2,576 -31% 4,286 5,792 -26% FCA US LLC 200,307 216,063 -7% 498,425 514,769 -3%
  2. Financial Times is reporting that Renault wants to make the marriage to Nissan more official and formally merge. Renault wants to start talks within the next 12 months and include a potential bid for automaker FCA . The combined companies of Nissan, Renault, Fiat, and Chrysler would be a conglomerate that rivals the size of Toyota and Volkswagen. Carlos Ghosn tried to start merger talks prior to his arrest for financial wrongdoing, however, the French government stopped his proposals. Renault currently owns roughly 43% of Nissan. FCA has recently been in the news for potential talks with Peugeot to merge. Those reports were squashed when it came to light that the Agnelli family, who has a controlling stake in FCA, was not interested in a deal that was paid for with PSA stock. View full article
  3. The heads of FCA and PSA separately stated to journalists at the Geneva auto show that their respective companies remain open to the idea of partnering or merging with another company, though neither named which potential suitor that could be. Robert Peugeot, who's family owns around 14% of PSA group said, "We supported the [Opel acquisition] from the start,” he told Les Echo in an interview held Monday. “If another opportunity comes up, we will not be braking, [PSA Group CEO Carlos Taveres] knows that." Meanwhile another potential partner could be Jaguar Land Rover. Merging with either company would give PSA better access to the US Market, something Peugeot is already planning on doing by 2026. For FCA, the benefits would be a more global partner and access to technology that would help meet Europe's strict emissions regulations. On the flip side, it would mean 3 additional brands on top of the 7 that FCA already has. View full article
  4. Financial Times is reporting that Renault wants to make the marriage to Nissan more official and formally merge. Renault wants to start talks within the next 12 months and include a potential bid for automaker FCA . The combined companies of Nissan, Renault, Fiat, and Chrysler would be a conglomerate that rivals the size of Toyota and Volkswagen. Carlos Ghosn tried to start merger talks prior to his arrest for financial wrongdoing, however, the French government stopped his proposals. Renault currently owns roughly 43% of Nissan. FCA has recently been in the news for potential talks with Peugeot to merge. Those reports were squashed when it came to light that the Agnelli family, who has a controlling stake in FCA, was not interested in a deal that was paid for with PSA stock.
  5. The rumors that PSA and FCA may merge can be put to bed now. Sources familiar with the discussion told the Wall Street Journal that executives from the respective companies are no longer in talks. FCA was reticent about the idea because it would increase the companies reliance on the struggling European market, and the Agnelli family, who has a controlling stake in FCA, was not interested in a deal that was paid for with PSA stock. PSA would need to use equity to pay for FCA because they are still digesting their acquisition of Opel from General Motors. Had they merged, the combined company would produce over 9 million vehicles per year, putting them on a playing field with Volkswagen and Nissan-Renault. It would also give PSA a much needed foothold into the U.S. market for their planned 2026 re-entry. View full article
  6. The rumors that PSA and FCA may merge can be put to bed now. Sources familiar with the discussion told the Wall Street Journal that executives from the respective companies are no longer in talks. FCA was reticent about the idea because it would increase the companies reliance on the struggling European market, and the Agnelli family, who has a controlling stake in FCA, was not interested in a deal that was paid for with PSA stock. PSA would need to use equity to pay for FCA because they are still digesting their acquisition of Opel from General Motors. Had they merged, the combined company would produce over 9 million vehicles per year, putting them on a playing field with Volkswagen and Nissan-Renault. It would also give PSA a much needed foothold into the U.S. market for their planned 2026 re-entry.
  7. The heads of FCA and PSA separately stated to journalists at the Geneva auto show that their respective companies remain open to the idea of partnering or merging with another company, though neither named which potential suitor that could be. Robert Peugeot, who's family owns around 14% of PSA group said, "We supported the [Opel acquisition] from the start,” he told Les Echo in an interview held Monday. “If another opportunity comes up, we will not be braking, [PSA Group CEO Carlos Taveres] knows that." Meanwhile another potential partner could be Jaguar Land Rover. Merging with either company would give PSA better access to the US Market, something Peugeot is already planning on doing by 2026. For FCA, the benefits would be a more global partner and access to technology that would help meet Europe's strict emissions regulations. On the flip side, it would mean 3 additional brands on top of the 7 that FCA already has.
  8. The EPA has announced that FCA will be issuing a voluntary recall of 862,520 gasoline vehicles in the United States that do not meet emissions standards. The vehicles covered are the 2011-2016 Dodge Journey, 2011-2014 Chrysler 200 and Dodge Avenger, 2011-2016 Jeep Patriot and Compass (with CVT and FWD), and 2011-2012 Dodge Caliber. Due to the scope of the recall, the fixes will be issued in stages starting with the oldest vehicles. The fix involves replacing the catalytic converter. FCA has stated there are no safety concerns and no fines will be issued by the EPA. The issue was discovered during routing in-use emissions testing by FCA and subsequently reported to the EPA. FCA just settled a claim by the EPA that FCA used a cheat device in its diesel trucks and SUVS. View full article
  9. The EPA has announced that FCA will be issuing a voluntary recall of 862,520 gasoline vehicles in the United States that do not meet emissions standards. The vehicles covered are the 2011-2016 Dodge Journey, 2011-2014 Chrysler 200 and Dodge Avenger, 2011-2016 Jeep Patriot and Compass (with CVT and FWD), and 2011-2012 Dodge Caliber. Due to the scope of the recall, the fixes will be issued in stages starting with the oldest vehicles. The fix involves replacing the catalytic converter. FCA has stated there are no safety concerns and no fines will be issued by the EPA. The issue was discovered during routing in-use emissions testing by FCA and subsequently reported to the EPA. FCA just settled a claim by the EPA that FCA used a cheat device in its diesel trucks and SUVS.
  10. FCA US Reports 2019 February Sales Ram brand reports record February as sales rise 24 percent. Jeep® Cherokee sets February record All new heavy-duty Ram begins to arrive in dealer showrooms Auburn Hills, Mich. March 1, 2019 FCA US LLC reported today that the Jeep® Cherokee set an all-time February sales record, despite another month of bitter weather across key selling regions for the brand. The Ram brand scored another record month as well, on the back of award-winning products in the hot light-duty and heavy-duty markets. Following 11 straight months of year-over-year sales increases, the company's overall U.S. February sales retreated 2 percent to 162,036 vehicles in a soft market, compared with sales of 165,903 vehicles in February 2018. The Jeep brand is returning to a more "normal" sales cadence after benefiting from both the new and old Wrangler coming off the production lines this time last year. "The overall industry is starting off slower due in part to weather, the U.S. government shutdown and concern over tax refunds,” U.S. Head of Sales Reid Bigland said. “We still see a strong, stable economy and anticipate any lost winter sales will be made up in the spring. For us, the Ram brand was the standout in February, and Jeep Cherokee set a February record as well." See the attached table for the breakdown of brand and nameplate sales. Method of Determining FCA US LLC’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing. Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US. Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows: Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months). Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user. Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees). US_sales_Feb_2019osv5b9gq5et3r6dni740gkn6gc.pdf
  11. When Fiat Chrysler Automobiles unveiled their latest five-year plan last year, it mentioned about launching a subscription program for Jeep owners that would launch sometime in 2019. This program appears to be moving forward along with a new peer-to-peer car-sharing program. Bloomberg reports that FCA will be launching two pilot programs, while Motor Authority has learned about a third pilot. All of the programs will take place in Boston and last for about three months. Here are the three programs in detail, The first program will see FCA team up with peer-to-peer car sharing service Turo and allow owners to rent out their vehicles to help "offset their car payments," when they are not using it. Jeep is inviting owners in the Boston area over email to sign up and will be limited to the first 100. Program two will have FCA and car rental firm Avis working together on a subscription service that will allow Jeep owners to swap into other FCA products like a Dodge Charger or Ram 1500. Again, it will be limited the first 100 people who sign up. Program three that was brought to light by Motor Authority is known as Car "Borrowing". Teaming with Avis, FCA will be offering Jeep owners the ability to "purchase six "Jeep Coins" that entitles them to a one-day rental" of most products from the FCA lineup. The coins will be good for a year, and owners can either pick up the vehicles or have them dropped off. “All these people who are casually going, ‘Is it for me or not for me?,’ I can then get them as potential prospects to sell them a brand-new Wrangler. We’ll find out what’s good and what’s bad, what customers like and what they don’t like, and ultimately from that we’ll decide if we want to do this as something we promote to our dealerships at the time of sale,” said Tim Kuniskis, head of the Jeep in North America to Bloomberg. “We know all the pluses and minuses of subscription services, we’ve seen some challenges. Let’s step our toe in, let’s see if this is, No. 1, right for the brand. If it makes sense, let’s try it.” The first two programs have already launched, while the third program is expected to launch sometime later this year. Source: Bloomberg , Motor Authority
  12. When Fiat Chrysler Automobiles unveiled their latest five-year plan last year, it mentioned about launching a subscription program for Jeep owners that would launch sometime in 2019. This program appears to be moving forward along with a new peer-to-peer car-sharing program. Bloomberg reports that FCA will be launching two pilot programs, while Motor Authority has learned about a third pilot. All of the programs will take place in Boston and last for about three months. Here are the three programs in detail, The first program will see FCA team up with peer-to-peer car sharing service Turo and allow owners to rent out their vehicles to help "offset their car payments," when they are not using it. Jeep is inviting owners in the Boston area over email to sign up and will be limited to the first 100. Program two will have FCA and car rental firm Avis working together on a subscription service that will allow Jeep owners to swap into other FCA products like a Dodge Charger or Ram 1500. Again, it will be limited the first 100 people who sign up. Program three that was brought to light by Motor Authority is known as Car "Borrowing". Teaming with Avis, FCA will be offering Jeep owners the ability to "purchase six "Jeep Coins" that entitles them to a one-day rental" of most products from the FCA lineup. The coins will be good for a year, and owners can either pick up the vehicles or have them dropped off. “All these people who are casually going, ‘Is it for me or not for me?,’ I can then get them as potential prospects to sell them a brand-new Wrangler. We’ll find out what’s good and what’s bad, what customers like and what they don’t like, and ultimately from that we’ll decide if we want to do this as something we promote to our dealerships at the time of sale,” said Tim Kuniskis, head of the Jeep in North America to Bloomberg. “We know all the pluses and minuses of subscription services, we’ve seen some challenges. Let’s step our toe in, let’s see if this is, No. 1, right for the brand. If it makes sense, let’s try it.” The first two programs have already launched, while the third program is expected to launch sometime later this year. Source: Bloomberg , Motor Authority View full article
  13. 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-inches longer than the 2.4L four-cylinder at most. The engine is also being designed with turbocharging, with plans to have it either match or exceed the output of the 5.7L HEMI V8. Its speculated that Jeep and Ram models would use a twin-scroll setup, while Alfa Romeo and Maserati models will use a twin-turbo setup. A set of Ferrari-designed heads are expected to appear on Alfa Romeo and Maserati models. Allpar speculates this engine could appear in the upcoming Wagoneer or the next-generation Grand Cherokee, putting a possible timeframe of 2020 or 2021. Source: Allpar
  14. 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-inches longer than the 2.4L four-cylinder at most. The engine is also being designed with turbocharging, with plans to have it either match or exceed the output of the 5.7L HEMI V8. Its speculated that Jeep and Ram models would use a twin-scroll setup, while Alfa Romeo and Maserati models will use a twin-turbo setup. A set of Ferrari-designed heads are expected to appear on Alfa Romeo and Maserati models. Allpar speculates this engine could appear in the upcoming Wagoneer or the next-generation Grand Cherokee, putting a possible timeframe of 2020 or 2021. Source: Allpar View full article
  15. Since 2012, Fiat Chrysler Automobiles' Mack Avenue Engine II plant in Detroit has been idled. But new reports from CNBC and The Detroit News say the factory will be retooled to build a new three-row Jeep Grand Cherokee for the 2021 model year. According to sources, the reopening of the plant would allow FCA to begin retooling the Jefferson North Assembly Plant - which sits across from the Mack Avenue complex. This would allow Jefferson North to start producing the next-generation two and three-row Grand Cherokee. Reopening Mack II could bring up to 400 jobs back to Detroit. “FCA is essentially out of capacity. They’re kind of running up against being against full capacity. This is a very different situation than what GM is dealing with,” said Jeff Schuster, an analyst with LMC Automotive to The Detroit News. Last month, FCA was using 92 percent of its plant capacity in North America, due to the increase in demand for trucks and utility vehicles. This is noticeably higher than General Motors (72 percent) and Ford (81 percent) according to data from LMC Automotive. FCA and the office of Detroit Mayor Mike Duggan declined to comment. An announcement about this retooling is expected to take place next week. Source: CNBC, The Detroit News
  16. Since 2012, Fiat Chrysler Automobiles' Mack Avenue Engine II plant in Detroit has been idled. But new reports from CNBC and The Detroit News say the factory will be retooled to build a new three-row Jeep Grand Cherokee for the 2021 model year. According to sources, the reopening of the plant would allow FCA to begin retooling the Jefferson North Assembly Plant - which sits across from the Mack Avenue complex. This would allow Jefferson North to start producing the next-generation two and three-row Grand Cherokee. Reopening Mack II could bring up to 400 jobs back to Detroit. “FCA is essentially out of capacity. They’re kind of running up against being against full capacity. This is a very different situation than what GM is dealing with,” said Jeff Schuster, an analyst with LMC Automotive to The Detroit News. Last month, FCA was using 92 percent of its plant capacity in North America, due to the increase in demand for trucks and utility vehicles. This is noticeably higher than General Motors (72 percent) and Ford (81 percent) according to data from LMC Automotive. FCA and the office of Detroit Mayor Mike Duggan declined to comment. An announcement about this retooling is expected to take place next week. Source: CNBC, The Detroit News View full article
  17. Fiat Chrysler Automobiles' Melfi plant is beginning to process of retooling to build a plug-in hybrid Jeep Renegade by 2020. The investment totaling 200 million Euros (about $229 million) will include modernizing the plant and training employees. FCA is planning to get pre-production models rolling off the line next year. Melfi is home to the Renegade and Fiat 500X production. FCA says the Renegade will become the third electrified vehicle in their lineup, following the Chrysler Pacifica PHEV and Ram 1500 eTorque mild hybrid. This is part of an effort to launch "12 electric propulsion systems (BEV, PHEV, full-hybrid and mild-hybrid)", adding that 30 different models would be equipped with one or more of these systems. No mechanical details were given on the plug-in hybrid system destined for the Renegade. Source: Fiat Chrysler Automobiles Melfi Plant prepares for production of new Jeep Renegade Plug-in Hybrid The FCA Melfi Plant in Italy is beginning preparations to produce the Jeep Renegade Plug-in Hybrid Electric Vehicle (PHEV) scheduled for market launch in early 2020. The Renegade PHEV will be produced alongside the Renegade and 500X full combustion engine products that are currently produced at the Melfi vehicle assembly plant. The pre-production units of the new Jeep Renegade PHEV are scheduled in 2019. The investment for the new engine launch equates to more than €200M and also includes a strong commitment by FCA for training all workers on the application of this new technology. The Plant facilities involved in the production will also be modernized accordingly. "With over 742,000 Renegades produced to date in Italy, the Melfi plant and the Renegade are the ideal location and the perfect product to launch the PHEV, further strengthening the offer of this highly successful Jeep", said Pietro Gorlier, Chief Operating Officer EMEA region. During the FCA Capital Markets Day on June 1, when the 2018-2022 business plan was presented to the financial community, it was stated that one of the most important change factors addressed in the strategic plan is electrification. Investments during the plan period result in a portfolio of technical solutions that will enable FCA to comply with the regulatory requirements in each sales region. At the same time, the technology will also be applied to enhance the specific strengths of each brand. The Renegade PHEV is the next step in FCA's roll-out of Electrification, following the launches of the PHEV Pacifica Minivan and the mild-hybrid e-Torque technology launched on the Ram 1500 truck earlier this year. By 2022, FCA will offer a total of 12 electric propulsion systems (BEV, PHEV, full-hybrid and mild-hybrid) in global architectures. Thirty different models will be equipped with one or more of these systems. London, 8 October 2018
  18. Fiat Chrysler Automobiles' Melfi plant is beginning to process of retooling to build a plug-in hybrid Jeep Renegade by 2020. The investment totaling 200 million Euros (about $229 million) will include modernizing the plant and training employees. FCA is planning to get pre-production models rolling off the line next year. Melfi is home to the Renegade and Fiat 500X production. FCA says the Renegade will become the third electrified vehicle in their lineup, following the Chrysler Pacifica PHEV and Ram 1500 eTorque mild hybrid. This is part of an effort to launch "12 electric propulsion systems (BEV, PHEV, full-hybrid and mild-hybrid)", adding that 30 different models would be equipped with one or more of these systems. No mechanical details were given on the plug-in hybrid system destined for the Renegade. Source: Fiat Chrysler Automobiles Melfi Plant prepares for production of new Jeep Renegade Plug-in Hybrid The FCA Melfi Plant in Italy is beginning preparations to produce the Jeep Renegade Plug-in Hybrid Electric Vehicle (PHEV) scheduled for market launch in early 2020. The Renegade PHEV will be produced alongside the Renegade and 500X full combustion engine products that are currently produced at the Melfi vehicle assembly plant. The pre-production units of the new Jeep Renegade PHEV are scheduled in 2019. The investment for the new engine launch equates to more than €200M and also includes a strong commitment by FCA for training all workers on the application of this new technology. The Plant facilities involved in the production will also be modernized accordingly. "With over 742,000 Renegades produced to date in Italy, the Melfi plant and the Renegade are the ideal location and the perfect product to launch the PHEV, further strengthening the offer of this highly successful Jeep", said Pietro Gorlier, Chief Operating Officer EMEA region. During the FCA Capital Markets Day on June 1, when the 2018-2022 business plan was presented to the financial community, it was stated that one of the most important change factors addressed in the strategic plan is electrification. Investments during the plan period result in a portfolio of technical solutions that will enable FCA to comply with the regulatory requirements in each sales region. At the same time, the technology will also be applied to enhance the specific strengths of each brand. The Renegade PHEV is the next step in FCA's roll-out of Electrification, following the launches of the PHEV Pacifica Minivan and the mild-hybrid e-Torque technology launched on the Ram 1500 truck earlier this year. By 2022, FCA will offer a total of 12 electric propulsion systems (BEV, PHEV, full-hybrid and mild-hybrid) in global architectures. Thirty different models will be equipped with one or more of these systems. London, 8 October 2018 View full article
  19. Earlier this month, Fiat Chrysler Automobiles filed a complaint with the U.S. International Trade Commission over the Mahindra Roxor - a side-by-side off-road utility. FCA alleges that the certain design elements of the Roxor infringe on the " intellectual property rights of FCA's Jeep design," and is wanting to stop the sale of the model in the U.S. Mahindra is fighting back. Reuters reports that the company has filed a public interest statement with the U.S. ITC and started proceedings in a Michigan court for an injunction into FCA's complaint. We are asking the court to block Fiat from participating in the ITC [International Trade Commission] claim -- an injunction -- because of the fact that they agreed in 2009 to never bring such claims if we use a grille that they approved. The Roxor uses that grille," Mahindra said in a statement. (Emphasis mine). "We are also arguing that Fiat is using the ITC case to harm our ROXOR business by creating negative publicity, damaging our reputation and our stature in the marketplace.” FCA in its complaint said that Roxor imports will hurt them as the model are underselling the Jeep Wrangler. A lot of this comes down to the Roxor being manufactured in India, and then shipping the model as a knock-down kit to their Detroit-area assembly plant for final assembly. Mahindra disputes this, saying the Roxor doesn't compete with the Wrangler as it's a side-by-side off-road utility. " We also demonstrated that the ROXOR is a vehicle that was always intended only as an off-road vehicle, does not compete with Fiat vehicles, is manufactured and assembled in the first OEM plant to be built in Michigan, USA, in the last 25 years, was the result of more than three years of research and development, and categorically rejected the notion that the ROXOR was an imported low quality “knock-off” kit car," the company said. Source: Reuters via Automotive News (Subscription Required), Mahindra Mumbai, August 29, 2018 – “A complaint was filed by FCA US, LLC (“Fiat”) with the United States International Trade Commission (“ITC”) against Mahindra which we believe is without merit. In response, we have taken a number of actions both within the ITC and in Federal District Court that we would like to share with you. Mahindra filed a Public Interest Statement with the ITC on August 22, 2018. This Statement expresses our position on this matter and explains how it is in the public interest for the ITC to rule against Fiat and in favor of Mahindra. Our goals on the public interest statement were two-fold. One was to state our position on the merits and the other was to correct inaccuracies regarding Mahindra as a company and the ROXOR as a product. We set the record straight on the history of Mahindra, including its U.S. operations. We also demonstrated that the ROXOR is a vehicle that was always intended only as an off-road vehicle, does not compete with Fiat vehicles, is manufactured and assembled in the first OEM plant to be built in Michigan, USA, in the last 25 years, was the result of more than three years of research and development, and categorically rejected the notion that the ROXOR was an imported low quality “knock-off” kit car. On August 23, 2018, Mahindra filed a complaint in Federal Court in Michigan on the issue of the applicability and enforcement of our 2009 agreement with Fiat. We are asking the court to block Fiat from participating in the ITC claim – an injunction – because of the fact that they agreed in 2009 to never bring such claims if we use a grille that they approved. The ROXOR uses that grille. We are also arguing that Fiat is using the ITC case to harm our ROXOR business by creating negative publicity, damaging our reputation and our stature in the marketplace.” View full article
  20. Earlier this month, Fiat Chrysler Automobiles filed a complaint with the U.S. International Trade Commission over the Mahindra Roxor - a side-by-side off-road utility. FCA alleges that the certain design elements of the Roxor infringe on the " intellectual property rights of FCA's Jeep design," and is wanting to stop the sale of the model in the U.S. Mahindra is fighting back. Reuters reports that the company has filed a public interest statement with the U.S. ITC and started proceedings in a Michigan court for an injunction into FCA's complaint. We are asking the court to block Fiat from participating in the ITC [International Trade Commission] claim -- an injunction -- because of the fact that they agreed in 2009 to never bring such claims if we use a grille that they approved. The Roxor uses that grille," Mahindra said in a statement. (Emphasis mine). "We are also arguing that Fiat is using the ITC case to harm our ROXOR business by creating negative publicity, damaging our reputation and our stature in the marketplace.” FCA in its complaint said that Roxor imports will hurt them as the model are underselling the Jeep Wrangler. A lot of this comes down to the Roxor being manufactured in India, and then shipping the model as a knock-down kit to their Detroit-area assembly plant for final assembly. Mahindra disputes this, saying the Roxor doesn't compete with the Wrangler as it's a side-by-side off-road utility. " We also demonstrated that the ROXOR is a vehicle that was always intended only as an off-road vehicle, does not compete with Fiat vehicles, is manufactured and assembled in the first OEM plant to be built in Michigan, USA, in the last 25 years, was the result of more than three years of research and development, and categorically rejected the notion that the ROXOR was an imported low quality “knock-off” kit car," the company said. Source: Reuters via Automotive News (Subscription Required), Mahindra Mumbai, August 29, 2018 – “A complaint was filed by FCA US, LLC (“Fiat”) with the United States International Trade Commission (“ITC”) against Mahindra which we believe is without merit. In response, we have taken a number of actions both within the ITC and in Federal District Court that we would like to share with you. Mahindra filed a Public Interest Statement with the ITC on August 22, 2018. This Statement expresses our position on this matter and explains how it is in the public interest for the ITC to rule against Fiat and in favor of Mahindra. Our goals on the public interest statement were two-fold. One was to state our position on the merits and the other was to correct inaccuracies regarding Mahindra as a company and the ROXOR as a product. We set the record straight on the history of Mahindra, including its U.S. operations. We also demonstrated that the ROXOR is a vehicle that was always intended only as an off-road vehicle, does not compete with Fiat vehicles, is manufactured and assembled in the first OEM plant to be built in Michigan, USA, in the last 25 years, was the result of more than three years of research and development, and categorically rejected the notion that the ROXOR was an imported low quality “knock-off” kit car. On August 23, 2018, Mahindra filed a complaint in Federal Court in Michigan on the issue of the applicability and enforcement of our 2009 agreement with Fiat. We are asking the court to block Fiat from participating in the ITC claim – an injunction – because of the fact that they agreed in 2009 to never bring such claims if we use a grille that they approved. The ROXOR uses that grille. We are also arguing that Fiat is using the ITC case to harm our ROXOR business by creating negative publicity, damaging our reputation and our stature in the marketplace.”
  21. 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 European sales are made up of Fiat models that have razor-thin profit margins. Each Fiat sold makes an operating profit of €250 ($288), compared to the average of €2,850 ($3,274) for every Jeep and Ram model sold. Alfa Romeo was seen as a possible way to help boost profits, but sales have fallen very short of targets in a market where the likes of the Audi, BMW, Lexus, and Mercedes-Benz dominate. “FCA would need a merger to improve the profitability in Europe,” said Martino De Ambroggi, an analyst with Equita told the journal. Marchionne tried his best to court FCA to other automakers such as GM, but to no avail. Earlier this year, FCA said the search for a possible partner was taken off the table and that it could survive on its own. There is also the question as to whether FCA has too many workers in Europe. The region makes up about 36 percent of FCA's workforce, but only a tenth of its profit. A key example is FCA's Mirafiori plant which employs 13,000 people, but is on track to build 50,000 vehicles this year. In 1997, the plant produced 463,000 vehicles. Source: Wall Street Journal (Subscription Required) View full article
  22. 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 European sales are made up of Fiat models that have razor-thin profit margins. Each Fiat sold makes an operating profit of €250 ($288), compared to the average of €2,850 ($3,274) for every Jeep and Ram model sold. Alfa Romeo was seen as a possible way to help boost profits, but sales have fallen very short of targets in a market where the likes of the Audi, BMW, Lexus, and Mercedes-Benz dominate. “FCA would need a merger to improve the profitability in Europe,” said Martino De Ambroggi, an analyst with Equita told the journal. Marchionne tried his best to court FCA to other automakers such as GM, but to no avail. Earlier this year, FCA said the search for a possible partner was taken off the table and that it could survive on its own. There is also the question as to whether FCA has too many workers in Europe. The region makes up about 36 percent of FCA's workforce, but only a tenth of its profit. A key example is FCA's Mirafiori plant which employs 13,000 people, but is on track to build 50,000 vehicles this year. In 1997, the plant produced 463,000 vehicles. Source: Wall Street Journal (Subscription Required)
  23. Fiat Chrysler Automobiles is none too pleased with the Indian automaker Mahindra & Mahindra Ltd as they're planning to sell an off-road vehicle that looks very much like the original Willys Jeep. Bloomberg obtained a complaint filed by FCA to the U.S. International Trade Commission on August 1st. The document claims that Mahindra's Roxor infringes key characteristics of Jeep's signature design - namely the “boxy body shape with flat-appearing vertical sides and rear body ending at about the same height as the hood.” “They are a nearly identical copy of the iconic Jeep design. In fact, the accused product was ‘modeled after the original Willys Jeep." The Roxor is a small, two-seat off-road vehicle. There is a lot of resemblance to original Jeep design and there is a reason for that. Beginning in 1947, Mahindra got a license to build the Willys CJ3 for the Asian market. They would do so until 2010. At this point, Mahindra introduced an updated model known as the Thar that meets India's road going passenger vehicle standards and looks like a 1990's Wrangler. Now the Roxor isn't being sold as road-legal vehicle. Instead, Mahindra is selling this as a side-by-side off-road utility. That means its not road legal. Which brings us to the next key part of FCA's complaint. The company is arguing that Roxor imports "threaten it with substantial injury as they are underselling Jeeps." This is due to Mahindra manufacturing the parts and creating a knock-down kit, which is then shipped to a plant in the Detroit area for final assembly. We're not sure about this partly due to the arena the Roxor competes in, but also the price. The model begins at just under $15,500. Comparable models from Polaris and Honda begin at under $10,000. While Mahindra has had some success in the U.S. with tractors, they haven't had the same when it comes to automobiles. Previously, the company was planning to offer a diesel pickup through a distributor. But plans were scrapped and Mahindra would find itself in a lengthy court battle. The Roxor is the next attempt at possible entry for Mahindra to enter the automotive market. They have spent almost a quarter-billion dollars for a new assembly plant where they currently employ around 300 people. Last November, the company announced a $600 investment and plans to employ as many as 670 workers by 2020. Source: Bloomberg
  24. Fiat Chrysler Automobiles is none too pleased with the Indian automaker Mahindra & Mahindra Ltd as they're planning to sell an off-road vehicle that looks very much like the original Willys Jeep. Bloomberg obtained a complaint filed by FCA to the U.S. International Trade Commission on August 1st. The document claims that Mahindra's Roxor infringes key characteristics of Jeep's signature design - namely the “boxy body shape with flat-appearing vertical sides and rear body ending at about the same height as the hood.” “They are a nearly identical copy of the iconic Jeep design. In fact, the accused product was ‘modeled after the original Willys Jeep." The Roxor is a small, two-seat off-road vehicle. There is a lot of resemblance to original Jeep design and there is a reason for that. Beginning in 1947, Mahindra got a license to build the Willys CJ3 for the Asian market. They would do so until 2010. At this point, Mahindra introduced an updated model known as the Thar that meets India's road going passenger vehicle standards and looks like a 1990's Wrangler. Now the Roxor isn't being sold as road-legal vehicle. Instead, Mahindra is selling this as a side-by-side off-road utility. That means its not road legal. Which brings us to the next key part of FCA's complaint. The company is arguing that Roxor imports "threaten it with substantial injury as they are underselling Jeeps." This is due to Mahindra manufacturing the parts and creating a knock-down kit, which is then shipped to a plant in the Detroit area for final assembly. We're not sure about this partly due to the arena the Roxor competes in, but also the price. The model begins at just under $15,500. Comparable models from Polaris and Honda begin at under $10,000. While Mahindra has had some success in the U.S. with tractors, they haven't had the same when it comes to automobiles. Previously, the company was planning to offer a diesel pickup through a distributor. But plans were scrapped and Mahindra would find itself in a lengthy court battle. The Roxor is the next attempt at possible entry for Mahindra to enter the automotive market. They have spent almost a quarter-billion dollars for a new assembly plant where they currently employ around 300 people. Last November, the company announced a $600 investment and plans to employ as many as 670 workers by 2020. Source: Bloomberg View full article
  25. 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 closing various plants, laying off thousand of workers, getting a $2 billion payment from General Motors to settle past contractual obligation, and expanding the company's car lineup. It worked as Fiat would become profitable a year later. In 2009, Marchionne led Fiat to acquire a 20 percent stake into beleaguered Chrysler following the 2008 financial crisis. Only a few years later, Fiat would buy up the rest of Chrysler and become Fiat Chrysler Automobiles. He would oversee the reinvention of Alfa Romeo, expand Jeep into other markets, and spin off Ferrari into its own separate company. Other parts of FCA haven't quite worked out, most notably Chrysler and Dodge which has seen both of their lineups shrink. Marchionne was not like your normal CEO. He was known for wearing black pullover sweaters and jeans which made him stand out at various events. Marchionne was also known for being direct and speaking his mind (for better or worse). Next April, Marchionne was planning to step down as CEO and announce his replacement. But health complications over the weekend caused FCA to decide his successor. That person would be Mike Manley, head of Jeep and Ram Trucks. Source: Automotive News (Subscription Required), Bloomberg, Fiat Chrysler Automobiles

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...