Tag: FCA

China Automotive Systems Nominated as Best Supplier by Fiat Chrysler Automobile

WUHAN, China, Nov. 21, 2019 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its Henglong Brazil subsidiary has been nominated as a one of three CHASSIS finalist for South America’s 2018 Best Supplier by Fiat Chrysler Automobiles N.V. (FCA). CAAS started its… Continue reading China Automotive Systems Nominated as Best Supplier by Fiat Chrysler Automobile

John Elkann, “By the end of the year the memorandum for the merger of FCA with Psa”

“We are working hard and relations with Peugeot have always been very good. I believe that by the end of the year we will reach the memorandum, even if it remains to be studied how the two families will find themselves in the new society, but it is beyond doubt the willingness on the part… Continue reading John Elkann, “By the end of the year the memorandum for the merger of FCA with Psa”

@FCA: Statement: Fuel Pump Relay

Statement: Fuel Pump Relay November 21, 2019 , Auburn Hills, Mich. – FCA US LLC is recalling an estimated 528,594 SUVs in the U.S. to help ensure the integrity of an electrical connection. Feedback from FCA dealers led to an FCA investigation that discovered silicon deposits on the contact points of certain fuel pump relays may interrupt… Continue reading @FCA: Statement: Fuel Pump Relay

GM lawsuit won’t torpedo Fiat Chrysler merger with Peugeot: source

MILAN/PARIS (Reuters) – Fiat Chrysler’s (FCA) planned $50 billion merger with Peugeot owner PSA Group will not be blown off course by a shock lawsuit against FCA from General Motors, a source close to FCA said on Thursday. FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of dealerships of… Continue reading GM lawsuit won’t torpedo Fiat Chrysler merger with Peugeot: source

Fiat Chrysler says Peugeot talks progressing despite GM lawsuit

FRANKFURT, Nov 21 (Reuters) – Fiat Chrysler on Thursday said its talks with Peugeot to create the fourth-largest carmaker are going well, despite a racketeering lawsuit filed by General Motors late on Wednesday, seeking “substantial damages.” GM filed a lawsuit against Fiat Chrysler alleging that its rival bribed United Auto Workers (UAW) union officials over… Continue reading Fiat Chrysler says Peugeot talks progressing despite GM lawsuit

UAW President Gary Jones resigning as board moves to oust him and Director Vance Pearson

CLOSE UAW president Gary Jones marched with Union workers in the Labor Day parade down Michigan Ave. Monday September 2, 2019 in Detroit, Mich.  (Photo: Kirthmon F. Dozier, Detroit Free Press) Disgraced UAW President Gary Jones is resigning his position as the union moves to oust him and one of the union’s regional directors in the fallout… Continue reading UAW President Gary Jones resigning as board moves to oust him and Director Vance Pearson

GM files racketeering lawsuit against FCA, saying it corrupted labor talks

CLOSE Open warfare broke out between two Detroit automakers Wednesday, with General Motors suing Fiat Chrysler Automobiles, alleging that it cost GM billions of dollars by corrupting labor talks over the past decade. GM also alleged that former FCA boss Sergio Marchionne authorized bribes and conspired with the UAW to “effectively take over GM through… Continue reading GM files racketeering lawsuit against FCA, saying it corrupted labor talks

UPDATE 1-United Auto Workers accuse union president of false accounting

DETROIT (Reuters) – The United Auto Workers (UAW) said on Wednesday it has filed charges under its bylaws against its president, accusing him of “false, misleading and inaccurate expense records” and saying those charges could lead to his removal from his elected office and expulsion from the union. FILE PHOTO: United Auto Workers President Gary… Continue reading UPDATE 1-United Auto Workers accuse union president of false accounting