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
Tag: FCA
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
GM sues Fiat Chrysler over alleged union bribes
US carmaker says rival obtained unfair advantages by bribing UAW officials Go to Source
@FCA: FCA Statement in Response to GM Lawsuit
Privacy Statement Legal Notices and Terms © 2019 FCA US LLC. All Rights Reserved.Chrysler, Dodge, Jeep, Ram, Mopar and SRT are registered trademarks of FCA US LLC.ALFA ROMEO and FIAT are registered trademarks of FCA Group Marketing S.p.A., used with permission. Go to Source
UPDATE 1-GM sues FCA, alleging bribery, corruption of union bargaining process
DETROIT (Reuters) – General Motors Co (GM.N) on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV (FCHA.MI) (FCAU.N), alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the United Auto Workers (UAW) union and gain wage and work practices advantages over GM. FILE PHOTO: The GM… Continue reading UPDATE 1-GM sues FCA, alleging bribery, corruption of union bargaining process
PSA’s small car platforms should be favored in FCA merger: executive
FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of dealerships of the companies in Saint-Nazaire, France, November 8, 2019. REUTERS/Stephane Mahe/File Photo MILAN (Reuters) – Small car platforms developed by France’s Peugeot should be favored if plans to merge PSA (PEUP.PA) and FiatChrysler (FCHA.MI) go ahead, PSA executive Gaetano… Continue reading PSA’s small car platforms should be favored in FCA merger: executive
Another Ferrari Hybrid Will Come But Not This Year
Even though the modular underpinnings of the Roma were pre-engineered for hybrid power, the new entry Ferrari will stick with pure front-engined, twin-turbo V8 power for its entire seven-to-eight year life cycle.
PSA trade unions give the nod to merger with Fiat
FILE PHOTO: The logos of car manufacturers Fiat and Peugeot are seen in front of dealerships of the companies in Saint-Nazaire, France, November 8, 2019. REUTERS/Stephane Mahe PARIS (Reuters) – The majority of unions representing workers at Peugeot maker PSA (PEUP.PA) are in favour of a planned merger with Fiat Chrysler (FCHA.MI), PSA executives and… Continue reading PSA trade unions give the nod to merger with Fiat
Bugatti plots EV for less than $1 million – Automotive News Europe
Bugatti Automobiles is looking to broaden its appeal by flanking the 2.5 million-euro ($2.7 million) Chiron supercar with a slightly more accessible alternative. The potential second model line would be an electric-powered grand tourer or crossover that could seat up to four people and would cost between 500,000 and 1 million euros. The French boutique… Continue reading Bugatti plots EV for less than $1 million – Automotive News Europe
California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight
WASHINGTON (Reuters) – California said on Monday it will halt all purchases of new vehicles for state government fleets from GM, Toyota and Fiat Chrysler and other automakers backing President Donald Trump in a battle to strip the state of authority to regulate tailpipe emissions. FILE PHOTO: Engines assembled as they make their way through… Continue reading California to stop buying GM, Toyota and Fiat Chrysler vehicles over emissions fight