Fiat Chrysler Automobiles

Ferrari fined $3.5 million by U.S. regulators for not filing reports

11:00 am U.S. ET | Oct. 31, 2014
Fiat Chrysler Automobiles' Ferrari brand has been fined more than $3.5 million for not filing "early warning reports" indicating safety issues with federal safety regulators....
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Ram quality, reliability dragged down by technology, new boss says

12:01 pm U.S. ET | Oct. 31, 2014
Fiat Chrysler Automobiles' Ram brand chief says cockpit technology was partly responsible for the brand's ranking in the latest Consumer Report's reliability study....
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LUCA CIFERRI

Is Ferrari worth 12 billion euros?

12:01 am U.S. ET | Oct. 31, 2014
Ferrari is worth as much as 12 billion euros on the open market based on Chairman Sergio Marchionne's most optimistic blue-sky estimate. The true value will be a hot topic for months....
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ANE's November e-magazine goes live Monday

Oct. 31, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Nov. 3. This month's edition looks at why megaplatforms are a must-have for any automaker with global ambitions....
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Ram chief says consumers aren't clamoring for aluminum pickup

5:58 pm U.S. ET | Oct. 30, 2014
Bob Hegbloom, chief of the Ram brand, isn't buying the buzz that the lightweight aluminum body of the upcoming 2015 F-150 pickup will give Ford a significant advantage....
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Ferrari spinoff's real winners: Agnelli clan

Oct. 30, 2014 14:31 CET
The real winners in Fiat Chrysler's spinoff of supercar unit Ferrari are Chairman John Elkann and the Agnelli industrial clan he represents, who will be the biggest shareholders of both companies....
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LUCA CIFERRI

Ferrari will go public but remain private

12:01 am U.S. ET | Oct. 30, 2014
Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
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Chrysler recalls 33,443 light trucks in U.S. for tire pressure issues

9:30 am U.S. ET | Oct. 30, 2014
Chrysler Group said that it was recalling 33,443 light trucks in two separate campaigns to prevent false warnings from the tire pressure monitor systems....
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Fiat Chrysler Q3 profit rises on Jeep demand

9:16 am U.S. ET | Oct. 29, 2014
Fiat Chrysler Automobiles reported a 7.4 percent increase in profit in the third quarter, bolstered by sales growth in the United States....
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Fiat Chrysler to spin off 10% of Ferrari, raise cash as debt surges

9:13 am U.S. ET | Oct. 29, 2014
Fiat Chrysler Automobiles plans to spin off the Ferrari super-car brand, underpinning efforts to raise about $4.7 billion as the Italian-American carmaker counters rising debt....
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Fiat Chrysler to issue $2.5 billion bond

Oct. 29, 2014 15:40 CET
Fiat Chrysler will issue a mandatory convertible bond for $2.5 billion and place up to 100 million of its shares to shore up funding for its 48 billion euro ($61 billion) investment plan....
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Fiat Chrysler profit increases 7% in Q3

Oct. 29, 2014 15:09 CET
Fiat Chrysler reported a slightly lower-than-expected 7 percent rise in third-quarter operating profit on weak margins in North America and a slowdown in Latin America, but stuck to its full-year guidance of a 14 percent rise in profit....
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Maserati beats Ferrari in Q3 profit on Montezemolo exit

Oct. 29, 2014 18:22 CET
Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with Luca Cordero di Montezemolo....
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LUCA CIFERRI

Ferrari will go public but remain private

3:40 pm U.S. ET | Oct. 29, 2014
Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
Read More »

 

2 Chrysler recalls involve more than 566,000 vehicles

8:04 am U.S. ET | Oct. 29, 2014
Chrysler Group is recalling an estimated 381,876 Ram trucks equipped with 6.7-liter Cummins diesel engines globally to upgrade wiring harness terminals and replace their fuel-heater housings, if needed. Separately, it is recalling an estimated 184,186 2014 Dodge Durango and Jeep Grand Cherokees to update the vehicles' electronic stability control software....
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Fiat Chrysler's growth plans clouded by Brazilian outlook

Oct. 29, 2014 11:52 CET
Fiat Chrysler aims to boost sales in Latin America by 44 percent over five years but a recent big drop in volume and weakening outlook in Brazil, the region's biggest economy, threaten to spoil its ambitions....
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Betts leaves Chrysler after another poor quality showing

9:39 am U.S. ET | Oct. 28, 2014
Fiat Chrysler's quality chief has left the company, a day after the automaker ranked last in a closely watched scorecard on vehicle reliability in the United States. Doug Betts, 51, who joined Chrysler from Nissan in 2007, will “pursue other interests,” Chrysler said in a statement today....
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U.S. safety regulators probe Chrysler process on Ram pickup recalls

1:55 pm U.S. ET | Oct. 27, 2014
Federal safety regulators have opened an investigation of Chrysler Group's handling of two recalls for potential steering issues affecting nearly 1 million Dodge Ram pickup trucks in the United States....
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Next-generation Wrangler will get an aluminum body

12:01 am U.S. ET | Oct. 27, 2014
It’s looking more and more like the next-generation Jeep Wrangler will have an aluminum body, keep its body-on-frame construction and remain built in Toledo, Ohio. That means Chrysler will likely produce more Wranglers for U.S. dealers and for export....
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Dodge brothers back in action in new TV spots

12:01 am U.S. ET | Oct. 27, 2014
The last time a Detroit automaker resurrected a dead guy for an ad campaign, the result was widely panned....
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Hellcat, Scat Pack liven up lineup of 2015 Dodge Charger

12:01 am U.S. ET | Oct. 27, 2014
Dodge bumped the base sticker of the freshened 2015 Charger up $1,000 and added two high-performance trim levels of the large four-door car....
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OCTOBER U.S. AUTO SALES

U.S. auto sales projected to rise 6% in Oct. to highest total in a decade

1:35 pm U.S. ET | Oct. 27, 2014
New light-vehicle sales are expected to rise about 6 percent in the United States this month from last October to about 1.27 million vehicles, according to three forecasts. It would be the highest October sales volume since 2004....
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Chrysler video games bolster dealership sales staff training

12:01 am U.S. ET | Oct. 27, 2014
Chrysler Group is about to encourage dealership salespeople to play video games during downtime. The automaker has created four video games to help salespeople learn the fine points of Chrysler, Jeep, Dodge and Ram vehicles....
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Viper plant to reopen next month

12:01 am U.S. ET | Oct. 27, 2014
Chrysler Group will restart the idled Conner Avenue plant in Detroit in mid-November to build the Dodge Viper. The car's September sales jumped after a $15,000 price cut. The Viper plant in Detroit has worked just 10 days since April 14 and has been idled since July 3....
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Chrysler 200 ads are 'Ready to Take on the World'

10:30 am U.S. ET | Oct. 26, 2014
The Chrysler brand is expanding the evolution of its "Imported from Detroit" theme with four TV commercials touting the 2015 Chrysler 200. Each of the spots, called "Ready to Take on the World," features a sleek, silver sedan driving on roads in what appears to be Germany, Japan or Sweden....
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Special Report
Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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