Tag: FCA

Fiat reaches settlement with Italy tax agency over Chrysler value claim

FILE PHOTO: The logo of car manufacturer Fiat is seen in Zurich, Switzerland October 30, 2019. REUTERS/Arnd Wiegmann/File Photo MILAN (Reuters) – Fiat Chrysler has reached a settlement with Italian tax authorities over the valuing of its U.S. Chrysler business involving no cash payment or penalty, the group’s chief financial officer said. In December the… Continue reading Fiat reaches settlement with Italy tax agency over Chrysler value claim

Suzuki considers China supply options, third-quarter profit falls 11%

TOKYO (Reuters) – Suzuki Motor Corp (7269.T) said on Friday it was considering sourcing vehicle components from outside China, as the spread of a new coronavirus in the country threatens to disrupt vehicle production in its biggest market, India. FILE PHOTO: The logo of Suzuki Motor Corp. is pictured at the 45th Tokyo Motor Show… Continue reading Suzuki considers China supply options, third-quarter profit falls 11%

All-wheel drive returns in redesigned 2021 Chrysler Pacifica minivan

Auburn Hills — All-wheel drive is back on the 2021 Chrysler Pacifica minivan after a 17-year hiatus as Fiat Chrysler Automobiles NV seeks to continue its dominance in the shrinking segment. Although the redesign takes athletic styling cues from SUVs, the new Pacifica, which debuts Thursday at the Chicago Auto Show, likely won’t attract SUV owners,… Continue reading All-wheel drive returns in redesigned 2021 Chrysler Pacifica minivan

@FCA: FCA Belvidere Assembly Plant Awarded Silver Status for Continuous Efforts to Improve in World Class Manufacturing

February 6, 2020 , Auburn Hills, Mich. – The FCA Belvidere Assembly Plant, home of the Jeep® Cherokee, is the latest plant to be designated silver in the Company’s World Class Manufacturing (WCM) program. Recognized for its efforts in expanding the implementation of WCM principles, the Illinois facility is the Company’s 10th North American manufacturing location overall to… Continue reading @FCA: FCA Belvidere Assembly Plant Awarded Silver Status for Continuous Efforts to Improve in World Class Manufacturing

Fiat Chrysler profit rises, outlook ‘firm’ ahead of Peugeot merger

MILAN/DETROIT (Reuters) – Fiat Chrysler (FCHA.MI) (FCAU.N) posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it headed into a merger with France’s PSA (PEUP.PA). FILE PHOTO: A new Fiat 500 mild-hybrid car is displayed at a Fiat Chrysler event held… Continue reading Fiat Chrysler profit rises, outlook ‘firm’ ahead of Peugeot merger

FCA CEO: China disruptions could threaten production at a European plant within 2-4 weeks

DETROIT, Feb 6 (Reuters) – Disruptions to auto parts production caused by the deadly virus outbreak in China could threaten production at one of Fiat Chrysler Automobiles’s European plants within two to four weeks, Chief Executive Mike Manley told Reuters. FCA so far has not reported production shutdowns at plants outside China related to the… Continue reading FCA CEO: China disruptions could threaten production at a European plant within 2-4 weeks

FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

AUBURN HILLS, Mich., Feb. 6, 2020 /PRNewswire/ — Payment recognizes hourly employees’ contributions to the Company Total U.S. investment grows to more than $14 billion since 2009, with nearly 30,000 jobs created to date Based on the Company’s 2019 financial performance, FCA US LLC announced today that the eligible profit sharing amount of $7,280 will… Continue reading FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

@FCA: FCA N.V. : 2019 full year and fourth results

Following is a summary of the “FCA: 2019 full year and fourth quarter results” press release. A PDF of the complete press release is attached to this email. The document is also available in the media section of the FCA corporate website: https://www.fcagroup.com/en-us/pages/home.aspxFCA reports strong full year 2019 results, with Net profit from continuing operations of… Continue reading @FCA: FCA N.V. : 2019 full year and fourth results

@FCA: FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

February 6, 2020 , Auburn Hills, Mich. – Based on the Company’s 2019 financial performance, FCA US LLC announced today that the eligible profit sharing amount of $7,280 will be paid to UAW-represented employees on March 13, 2020. Approximately 44,000 employees are eligible to receive the payment. With this payment, U.S. hourly employees have received on average… Continue reading @FCA: FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments