FCA's Fiat, Alfa Romeo, Jeep and Abarth brands will not take part in this year's Paris auto show, according to French media reports. FCA joins automakers including Ford and VW brand in skipping one of Europe's top showcases for product debuts.
The UAW-Chrysler National Training Center, embroiled in a multimillion-dollar federal corruption scandal, sued two former Fiat Chrysler Automobiles officials and a union leader's widow Friday to recover more than $4.4 million in embezzled funds.
If FCA's five-year forecast comes to pass, dealers will get products including a new three-row Jeep Grand Cherokee, a midsize Ram pickup, several new or updated Alfa Romeos, a Tesla-fighting Maserati coupe and a midsize Maserati plug-in hybrid crossover.
Fiat Chrysler Automobiles signaled that it will have more cash on hand than debt on its books by the end of this month for the first time since the merger that created it in 2009 during a wide-ranging series of long-term plans presented in Balocco, Italy. Jeep, Ram and luxury products highlighted the early presentations.
Carried by Jeep, sales by FCA US rose 11 percent in May to 214,294 vehicles. Three recently redesigned Jeep models -- the Wrangler, Cherokee and Compass -- powered the company to its best showing since May 2004.
Fiat Chrysler will not present a future plan for its eponymous Fiat and Chrysler brands, as well as Dodge and Lancia -- placing those storied but troubled mass-market brands' futures in question -- according to a schedule of presentations listed by FCA for the daylong event on Friday.
Google affiliate Waymo will purchase up to 62,000 additional Chrysler Pacifica Hybrid minivans from FCA US starting later this year to begin a national expansion of the company's public driverless ride-hailing fleet.
Sergio Marchionne's last hurrah as CEO of Fiat Chrysler entails betting the carmaker's future on Jeeps and Maserati luxury cars while downsizing its namesake brands, people familiar with the matter told Bloomberg. The company is considering ending sales of Fiat cars in North America and China in the coming years, while mostly confining Chrysler to the United States.