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Fiat Chrysler Automobiles N.V. stock price
Fiat Chrysler Automobiles N.V. latest news:
PRESS DIGEST- Wall Street Journal - Jan 16
The following are the top stories in the Wall Street Journal. - Fiat Chrysler Automobiles NV's, chief executive said Monday he has no plans to sell its Jeep business or split up the company, cooling speculation but leaving the company's long-term strategy unclear. http://on.wsj.com/2rerVDm.
Tax cuts remove 'cobwebs' for US companies: Fiat Chrysler CEO
Fiat Chrysler Automobiles CEO Sergio Marchionne told FOX Business that the tax reform bill, which encouraged the automaker to hand out $2,000 bonuses to employees, is a boon to the U.S.
Fiat Chrysler CEO says no plans to sell brands to Chinese
Fiat Chrysler Automobiles NV's has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits. "We're not going to break up anything," Chief Executive Sergio Marchionne said at a news conference at the Detroit auto show.
UPDATE 1-Fiat Chrysler CEO says no plans to sell brands to Chinese
DETROIT, Jan 15 (Reuters) - Fiat Chrysler Automobiles NV's
(FCA) has no intention of breaking up the
company or selling individual brands to China or other parties,
the company's chief executive said on Monday, adding that the
group was counting on its coveted Jeep brand to drive future
Fiat Chrysler boss says no plans to break up company
DETROIT, Jan 15 (Reuters) - Fiat Chrysler Automobiles NV's
CEO has no intention of breaking up the
company or selling off individual brands to China or any other
parties, he said on Monday, adding the group was counting on its
coveted Jeep brand to drive profit.
BRIEF-Fiat Chrysler CEO: makes more sense to buy back shares than pay dividends
Fiat Chrysler Automobiles CEO Sergio Marchionne told reporters in Detroit: * BELIEVES MAKES MORE SENSE TO USE CASH TO BUY BACK SHARES THAN TO PAY OUT DIVIDEND. * WHEN ASKED ABOUT A POTENTIAL JEEP SPIN-OFF, SAYS SEPARATING BRANDS FROM THE GROUP IS A "COMPLEX MATTER", WOULD NOT DISTANCE HIMSELF FROM INTEGRATED SYSTEM MODEL.
New Ram pickup notches win for steel in U.S. truck market
DETROIT, Jan 15 (Reuters) - Fiat Chrysler Automobiles NV
on Monday unveiled a redesigned Ram large
pickup that along with General Motors Co's new Chevrolet
Silverado, which debuted on Saturday, sealed a double victory
for the steel industry's fight to remain the dominant metal in
the auto market.
Fiat Chrysler recalls 162,000 minivans over glitch that may cause stall
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said on Friday it was recalling more than 162,000 2017 Chrysler Pacifica minivans because a software glitch may cause the vehicles to stall.
Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs
DETROIT (Reuters) - Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move the automaker said was enabled "by the passage of U.S. tax reform legislation" in December.
Fiat Chrysler to invest $1 bln in Michigan plant, add 2,500 jobs
Jan 11 (Reuters) - Fiat Chrysler Automobiles NV
said on Thursday it would invest more than $1 billion
in its Michigan plant and add 2,500 jobs as it benefits from the
overhaul of the U.S. tax code.
Fiat Chrysler to invest more than $1 billion in Michigan plant, plans $2,000 bonus for U.S. employees
Fiat Chrysler Automobiles NV said late Thursday it plans to invest more than $1 billion to modernize a plant in Michigan to make the next generation of its Ram heavy-duty trucks by 2020. The production of the trucks will be relocated to the Michigan factory from a plant in Mexico, Fiat Chrysler said. The move will create 2,500 new jobs, the company said, adding the announcement was made possible in part by the U.S. tax overhaul. The Mexican plant will be "repurposed" to make future commercial vehicles for the global market, the car maker said. In the same statement, Fiat Chrysler said it will pay a $2,000 bonus to about 60,000 hourly and salaried U.S. employees, excluding senior executives, in the second quarter. American Depositary shares of Fiat Chrysler rose nearly 5% in late trading after ending the regular session up 7.2%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Kelley Blue Book sees Dec new car sales down 7% at 1.57 million units
Kelley Blue Book said Thursday it expects new car sales to fall 7% in December to 1.57 million units, resulting in an estimated 17.6 million seasonally adjusted annual rate (SAAR). "December should be the biggest sales month of the year, and despite our expectations for significant year-over-year declines, the projected SAAR of 17.6 million would be the third highest of the year," analyst Tim Fleming said in a statement. In the year-earlier month, sales were strong thanks to heavy incentives and year-end discounting, he said. "We're still expecting a year-end sales push from many manufacturers, which will translate into incentives and discounting, but since the sales objectives should be reduced from last year's peak, we are projecting slower sales than last December," he said. Among individual car companies, Ford Motor Co. is expected to gain nearly a percentage point of market share, led by SUVs. Fiat Chrysler Automobiles NV is expected to lose the most volume at 12%, due to the discontinuation of several model lines. General Motors Co. is expected to see sales fall 7.9% and to cede 0.2% market share. Ford shares were slightly lower premarket and have gained 3% in 2017, while the S&P 500 has gained 20%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Fiat Chrysler to recall 1.8 million trucks to fix shifter issue
(Reuters) - Fiat Chrysler Automobiles NV's U.S. unit said on Friday it would recall about 1.8 million trucks in the United States, Canada, Mexico and some other markets to fix a part if not operating could allow the driver to shift out of park without depressing the brake pedal.
Fiat Chrysler in talks over potential diesel emissions settlement
Lawyers for Fiat Chrysler Automobiles NV and owners of the automaker's diesel-powered vehicles are in settlement talks over allegations of excess diesel emissions, a court-appointed adviser said Tuesday. In May, the U.S. Justice Department sued Fiat Chrysler, accusing the company of illegally using software that led to excess emissions in nearly 104,000 U.S. diesel vehicles sold since 2014.
Fiat Chrysler CEO says in talks with Hyundai on tech partnership
ARESE, Italy (Reuters) - Fiat Chrysler Automobiles is in talks with South Korea's Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday.
Fiat Chrysler to recall 1,200 SUVs in India for airbag replacement
NEW DELHI (Reuters) - Italian-American carmaker Fiat Chrysler Automobiles NV will recall 1,200 Jeep Compass sports utility vehicles (SUVs) sold in India, for "replacement of the front passenger air bag," FCA India said in a statement on Thursday.
Fiat Chrysler hopes to win approval for diesel fix by early '18: lawyer
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said on Wednesday it hopes to reach an agreement over a fix for vehicles linked to a U.S. diesel emissions scandal by next spring if not earlier.
Fiat Chrysler hopes to win approval for diesel fix by early '18 -lawyer
WASHINGTON, Nov 8 (Reuters) - Fiat Chrysler Automobiles NV
said on Wednesday it hopes to reach an agreement over
a fix for vehicles linked to a U.S. diesel emissions scandal by
next spring if not earlier.
Fiat Chrysler sues shippers over alleged price fixing
Fiat Chrysler Automobiles NV has lodged a complaint with a U.S. regulator seeking "reparations" from a group of shipping companies from Asia, Europe and South America that admitted to fixing prices for shipping vehicles, according to documents made public on Monday.
BRIEF-Fiat Chrysler says will keep cooperating with French authorities in inquiry
Oct 23 (Reuters) - Fiat Chrysler Automobiles France says in
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