While most have been focusing on all of the deficits, what is most impressive to me are the automakers that have surpassed their own sales projections. Fiat Chrysler Automobiles (FCA), Volkswagen Auto Group (VW AG) Volvo Car Group, Hyundai and Kia have all gotten more sales than even they expected. It should be mentioned, that recalls have been a ubiquitous presence in the automotive industry sin
The most consistent criticism against Fiat Chrysler Automobiles (FCA) has been that they are behinds the times, in terms of automotive technology. That is actually a valid argument. Sergio Marchionne has prioritized quantity over quality in order to get Fiat Chrysler Automobiles back onto clear waters. That technique is not unique to FCA. Countless automakers employed that exact same mass product
Sergio Marchionne has taken audacious actions in order to revamp Fiat Chrysler Automobiles. Everytime he has taken the helm of a normal automaker (as opposed to the fabled Ferrari s.P.a (now N.V.)), bankrupt or heading towards it. Now, Fiat Chrysler Automobiles continues to grow at an astonishing rate. Marchionne started with Fiat, in 2003. When he got a hold of it, it was far from even faltering
Apple reported worldwide earnings of $233 billion during the fourth quarter of 2015 alone. But that fact didn’t stop FCA CEO and black sweater enthusiast Sergio Marchionne from offering his company’s assistance in developing the tech giant’s top-secret electric vehicle project, the Apple Car. As we say down South: Bless his heart. “I would assume that we have the credibility to be one of the play
This past Friday, I wrote a piece for the Auto Publishers blog detailing Fiat Chrysler’s plans to emphasize production of crossovers, SUVs and trucks. FCA’s logic for this change is as follows: a) big vehicles, specifically pickups, jeeps and SUVs, are the big moneymakers in today’s auto market and b) current fuel prices make purchasing gas-guzzling vehicles a more palatable option now than in yea
Fiat Chrysler Automobiles (better known as FCA) released its updated North American business plan, and to be sure they provided some tasty morsels for auto fans to chew over. The FCA plan, which extends to the end of 2020, can be summarized thusly: make fewer small cars in favor of more Jeeps and trucks. On the surface, these don’t sound like bad ideas at all. In fact, they more or less accuratel
Fiat Chrysler Automobiles have been experiencing year over year sales since navigating themselves out of Bankruptcy. Most people assumed the sales have been a product of new car models and increased incentives, but if a lawsuit against the company proves accurate, at least some of Fiat Chrysler Automobile sales will have been a product of Racketeering. It is no secret that all manufactures implem
Could we have a Scandal at Fiat Chrysler on our hands? No, the Italian-American automaker hasn’t been accused of cheating on emissions like Volkswagen, but FCA may have a burgeoning PR crisis of its own (to join the ones referenced in the accompanying illustration). The Napleton Automotive Group, an auto dealership chain based in Illinois, filed a civil racketeering lawsuit against Fiat Chrysler
This blog has spent a good deal of space reporting on Fiat Chrysler Automobiles CEO Sergio Marchionne (pictured) because he’s arguably the most fascinating executive in the automotive business. In particular, his obsession to merge his FCA with other car companies, specifically General Motors, was his white whale. But unlike Captain Ahab in Moby Dick, Marchionne is giving up his quest just before
Three weeks ago, United Automobile Workers (UAW) rejected a tentative agreement reached with Fiat Chrysler Automobiles (FCA). After lengthy negotiations. Sergio Marchionne and Dennis Williams had reached an accord immediately after extending the negotiations deadline two weeks before that. In response to the first rejection of a labor contract in 30 years, the two suggested another pact on October
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