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Fiat Chrysler

Stellantis

U.S. automakers are seeing a ripple effect of production line slow-downs and shut-downs due to the ongoing computer chip shortage.

Autotrader Senior Analyst Michelle Krebs says a major reason for the shortage is because automakers canceled orders when the pandemic began last year, as production lines were shut down initially.

She says the companies did not expect demand for vehicles to surge back so quickly.

Now, they're at the back of the line, as chip suppliers fill orders for other high-demand goods, like i-Phones, laptops, and video games.

A new logo for the newly formed Fiat and Chrysler company.
FCA

Fiat Chrysler officials have pleaded guilty for the company’s role in a corruption scandal.

The automaker says it did make more than $3 million in bribery payments to United Auto Workers union leaders.

The deal, reached in U.S. District Court, will require the company to pay a $30 million fine.

judge's hammer on top of $100 bills
Yingko / Adobe Stock

Fiat Chrysler has agreed to plead guilty to conspiring to violate the federal Labor Management Relations Act, also known as the Taft-Hartley Act, and pay a $30 million fine, for bribing United Auto Workers officials.

The company has also agreed to the appointment of a compliance monitor for three years.

An iconic Detroit automaker is merging with another European auto company.

Shareholders of Fiat Chrysler and PSA Peugeot decisively voted Monday to merge the U.S.-Italian and French carmakers. The deal has been in the works for more than a year.

Fiat Chrysler

The state's Air Quality Division has told Fiat Chrysler that its plans related to permits for its new assembly plant in east Detroit "fall short of expectations."

In a letter to a company official on January 24, AQD Director Mary Ann Dolehanty asked Fiat Chrysler to provide more information about its outreach efforts to people who live near the proposed site.

FCA CEO Sergio Marchionne and UAW President Dennis Williams
UAW

General Motors has filed an unprecedented federal racketeering lawsuit against its crosstown Detroit rival, Fiat Chrysler.

If the two automakers combine, it would create the world's fourth largest car maker.
Fiat Chrysler

Update: October 31, 2019 The boards of Fiat Chrysler and PSA Peugeot have approved merging the two companies in a move that would create the world's fourth-largest automaker. The companies have combined revenues of more than $188 billion. The 50-50 merger is expected to happen without any factory closures. 

Sarah Cwiek / Michigan Radio

Fiat-Chrysler is expanding operations—and bringing jobs—to the east side of Detroit.

But it’s also expected to bring more pollution. And some residents, along with two Detroit lawmakers, want more guaranteed protections.

Sarah Cwiek / Michigan Radio

Former United Auto Workers Vice President Norwood Jewell has been sentenced to 15 months in prison as part of a far-reaching corruption scheme that involved siphoning money from a joint UAW-Fiat-Chrysler worker training center.

Jewell pleaded guilty in April to violating federal labor law when he used his training center credit card to pay for union expenses, including trips to California golf resorts, steakhouse dinners and parties.

A construction site being cleared, with a backhoe in the distance against a blue sky with clouds.
Rosa Maria Zamarrón

When Amoni Pitts hears trucks working one street over from where she lives, she worries about being able to breathe.

Lee Iacocca at a podium at Ellis Island
Ron Cogswell / Flickr

Automotive legend Lee Iacocca, known best for developing the Ford Mustang and pulling Chrysler back from the brink of bankruptcy in the 1980s, has died. He was 94.

The son of Italian immigrants rose from a modest background to become a household name as CEO of Chrysler Corporation.

Daniel Howes / Detroit News

Fiat Chrysler’s deal of the decade is dead.

Good ol’ French politics killed it this week – exactly what you get when the federal government in Paris controls 15 percent of the hometown Renault.

chrysler logo
Ricardo Giaviti / Flickr / http://j.mp/1SPGCl0

Fiat Chrysler says political conditions in France caused it to withdraw its offer to merge with French automaker Renault.

The company says its board made the decision at a meeting Wednesday evening. An FCA statement says it has become clear that the political conditions don't currently exist for the deal to proceed successfully.

Randy Stern / Creative Commons/Flickr

French automaker Renault's board will meet Tuesday to consider a merger offer from Fiat Chrysler.

It would create the largest automaker in the world based on sales, but that's only if Renault's current partner, Nissan, stays in.

Fiat Chrysler wants to form global giant with Renault

May 27, 2019
Chrysler headquarters in Auburn Hills, Michigan.
User: fiatontheweb / Flickr - http://j.mp/1SPGCl0

Fiat Chrysler proposed on Monday to merge with France's Renault to create the world's third-biggest automaker and combine their investments in the race to make new electric and autonomous vehicles.

The merged company would reshape the global industry: it would make some 8.7 million vehicles a year, leapfrogging General Motors and trailing only Volkswagen and Toyota.

Shares of both companies jumped over 10% on the news of the offer, which would see each side's shareholders split ownership in the new manufacturer.

City of Detroit

The Detroit City Council green-lighted a deal with Fiat Chrysler Tuesday that should bring around 5,000 new jobs to the city, and represents the largest investment in auto manufacturing within Detroit city limits in decades.

auto factory
Fiat Chrysler

The city of Detroit and Fiat Chrysler are working on a deal to assemble land for the company. If it’s finalized, Fiat-Chrysler would begin a massive factory expansion and renovation project that the company says would create nearly 5,000 jobs.

First, Detroit needs more than 200 acres of land. The Moroun Family owns the biggest chunk, and the Morouns want a deal of their own in exchange.

Michigan Radio’s Sarah Cwiek spoke to Morning Edition host Doug Tribou about the deal.


City of Detroit

The city of Detroit and Fiat Chrysler officially have a deal for a $2.5 billion investment in facilities on the city’s east side—including its first new auto assembly plant in more than three decades.

Fiat Chrysler says it will expand its Jefferson North plant, and revive and expand the defunct Mack Avenue Assembly facility. The company says that should create nearly 5,000 new jobs.

City of Detroit

A 60 day deadline to pull together a major deal between the city of Detroit and Fiat Chrysler has come and gone, but city leaders insist it will still get done.

Fiat Chrysler wants to invest more than two billion dollars to expand two plants, including one that's currently defunct, on Detroit’s east side. The automaker says the project will bring about 5,000 jobs. It will be the city's first new automotive production facility since the 1980s.

City of Detroit

The city of Detroit is racing toward a Saturday deadline to finalize a deal that would bring a major Fiat Chrysler investment to the city.

Fiat Chrysler wants to invest $2.5 billion to expand and update its Jefferson North Assembly plant, and revive its idled Mack Avenue Engine facility.

Former United Auto Workers Vice President Norwood Jewell has pleaded guilty to violating federal labor law by misusing money meant for a worker training center.

The government says Jewell was part of a wide-ranging, years-long conspiracy between Fiat-Chrysler and UAW officials to siphon funds from the automaker-supported training center. 

Daniel Howes / Detroit News

The last time Detroit got a new auto plant, Papa Bush was in the White House and Detroit’s real reckoning was years away. In the nearly 30 years since, Ford Motor mortgaged the Blue Oval to survive Detroit’s two other automakers collapsed into federally induced bankruptcy, and all three found profitability.

Fiat Chrysler laying off nearly 1,400 workers at Illinois plant

Feb 27, 2019
Fiat Chrysler

Fiat Chrysler has announced it is laying off almost 1,400 hourly workers at an assembly plant in Belvidere, Illinois, that makes Jeep Cherokees - a move the automaker said is unrelated to a major investment in the Detroit area that could add 6,500 workers.

auto factory
Fiat Chrysler

Detroit got some very good news on Tuesday.

Fiat Chrysler says it plans to build a new assembly plant in Detroit, invest in five other Michigan plants, and hire 6,500 additional workers.

Michelle Krebs is an analyst with Autotrader. 

"Detroit hasn't seen a new assembly plant in a long time, decades," says Krebs, "so this is absolutely fabulous news for Detroit, for Michigan and for Fiat Chrysler and Jeep."

Fiat Chrysler says the nearly $4.5 billion expansion will help it meet growing demand for Jeep SUVs and RAM trucks. 

Daniel Howes / Detroit News

With apologies to Mark Twain, reports heralding the death of auto production in Detroit are exaggerated.

Daniel Howes / Detroit News

Chrysler and its storied American brands live today because ol’ Sergio Marchionne – a poker player – gambled and won.

As Detroit’s number three automaker slumped toward bankruptcy, the CEO of Italy’s Fiat bet he could combine the weakest players in Europe and the United States to forge a global contender. One that could generate fatter profits and carry less debt.

The new Obama administration relented. So an Italian schooled in Canada got control of Chrysler for essentially nothing  arguably the shrewdest acquisition the global auto industry has seen in a generation.

user International Students’ Committee / wikimedia commons

 

Tributes have poured in for Sergio Marchionne, the former CEO of Chrysler and Fiat who died Wednesday. 

Detroit News business columnist Daniel Howes wrote: "His impact on the global auto industry cannot be overstated.”

Howes joined Stateside’s Cynthia Canty to discuss the qualities that made Marchionne a great leader.  

user dgtmedia-simone / wikimedia commons

Former Fiat Chrysler CEO Sergio Marchionne has died at age 66.

Marchionne had been CEO until being forced to retire Saturday because of his health. Marchionne had shoulder surgery last month, but his condition worsened in recent days.

Kelley Blue Book executive analyst Rebecca Lindland said despite his illness, Marchionne's death was a shock.

"I saw Sergio back in June in Italy, at the beginning of June, and it's just incredible to think that he's not with us anymore. It really is. It's very surreal," Lindland told Stateside.  

Media gather around the Volvo XC90 at the Detroit Auto Show.
Mark Brush / Michigan Radio

The past few days have brought some big changes in the automotive world.

Sergio Marchionne, chief executive at Fiat Chrysler, stepped down after complications during a shoulder surgery. He’s been replaced by Mike Manley, who has been in charge of the company’s Jeep and Ram brands.

Plus, it’s finally official. The Detroit Auto Dealers Association has announced that the the North American International Auto Show is leaving frigid January behind and shifting to a June schedule in 2020.

Auto Manufacturers
Fiat Chrysler Automobiles

Fiat-Chrysler's  former human resources director has pleaded guilty to lying to a federal grand jury to cover up a conspiracy to pay off top UAW officials.

Michael Brown, 60, entered his guilty plea Friday.

Brown was Fiat-Chrysler’s senior negotiator during collective bargaining talks with UAW-Chrysler in 2011 and 2015.

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