Fiat Chrysler Automobiles NV disclosed the probable loss for a federal criminal settlement over allegations of cheating on diesel emissions tests to be almost $259 million. The notice was made in the company’s third-quarter financial filing with the U.S. Securities & Exchange Commission after the Italian American automaker this week shared record financial results. An FCA spokesman declined to comment on… Continue reading FCA expects to pay $259M in criminal settlement over alleged diesel emissions cheating
Tag: FCA
@FCA: Alfa Romeo Extends Partnership With Sauber Motorsport for 2021 Formula One Season
October 29, 2020 , Auburn Hills, Mich. – Alfa Romeo and Sauber Motorsport will join forces, once again, for the Formula One World Championship. The partnership between two of the most recognized brands in motorsports started in 2018, when Alfa Romeo joined the team as title sponsor. The past two years the team has scored hard-earned… Continue reading @FCA: Alfa Romeo Extends Partnership With Sauber Motorsport for 2021 Formula One Season
Fiat Chrysler CEO says Ram will offer electric pickup
Get ready for an electric Ram pickup. Fiat Chrysler Automobiles CEO Mike Manley confirmed on Wednesday that Ram will join the rush to produce an electric truck, an area that promises robust competition with Ford, General Motors, Tesla, Rivian and Lordstown Motors already planning to launch their own models. Manley didn’t provide any details, but… Continue reading Fiat Chrysler CEO says Ram will offer electric pickup
@FCA: FCA: 2020 Third Quarter Results
FCA: 2020 Third Quarter Results Go to Source
@Groupe PSA: PR Groupe PSA announces the launch of the sale of part of its stake in Faurecia000530
Peugeot S.A. (“Groupe PSA”) launches today the sale of 9,663,000 Faurecia shares, representing approximately 7% of Faurecia’s share capital, further to the press release published by Groupe PSA earlier today relating to the merger process between Fiat Chrysler Automobiles N.V. (“FCA”) and Groupe PSA. The transaction will be conducted via an institutional private placement by way… Continue reading @Groupe PSA: PR Groupe PSA announces the launch of the sale of part of its stake in Faurecia000530
@Groupe PSA: PR FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps including in respect of Faurecia stake distribu…000529
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@FCA: FCA N.V. Q3 2020 Results
Following is a summary of the “FCA N.V. Q3 2020 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/it-it/pages/home.aspxFCA reports record Group and North America results, with third quarter Adjusted EBIT of €2.3 billion and €2.5 billion… Continue reading @FCA: FCA N.V. Q3 2020 Results
@FCA: FCA and Groupe PSA Boards note continued progress towards merger completion and agree additional steps including in respect of Faurecia stake distribution to Stellantis shareholders
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FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards
“The transformational changes we made in 2019 built a strong foundation for the wave of product launches coming out of FCA, and today we spotlighted those suppliers who took their work to the next level,” said Martin Horneck, Head of Purchasing and Supply Chain Management, FCA – North America. “These are the ‘best of the… Continue reading FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards
@FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards
FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards October 23, 2020 , Auburn Hills, Mich. – FCA honored 31 supplier partners across 19 categories today during the virtual 2020 North America Annual Supplier Conference and Awards program. The Supplier of the Year awards recognize companies that have shown exceptional… Continue reading @FCA: FCA Celebrates Top Supplier Partners Across 19 Categories at 2020 Annual Supplier Conference and Awards