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
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
The United Automobile Workers (UAW) have just vetoed the tentative deal with with Fiat Chrysler Automobiles (FCA). The initial reports are not flattering for the already struggling Automaker. Earlier this month, the FCA reached a tentative agreement with the head union representatives, as information trickles in about said agreement, the more doomed it looks. Well over half of the factory laborers
Last week, we reviewed a potential merger between General Motors and Fiat Chrysler Automobiles by focusing on the public pronouncements of outspoken FCA CEO Sergio Marchionne. Marchionne believes that a merger between his company and General Motors would benefit both sides. However, as Automotive News reports, GM’s reluctance to merge with FCA is based on the belief that doing so would throw the D
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