FCA Cancels Negotiations on Auto Parts Sale
Fiat Chrysler Automobiles will seek other options in its plan to sell off Magneti Marelli, the automotive parts manufacturing business it now controls as a wholly owned subsidiary. A bid by private-investment syndicate KKR & Co. fell short of the $7 ...
'Difficult baptism' awaits new Fiat Chrysler CEO
MILAN (AP) — Fiat Chrysler's second-quarter earnings presentation was meant to celebrate long-time CEO Sergio Marchionne's achievement of eliminating all debt for the formerly troubled company. Instead, it will be overshadowed by his early and sudden ...
Canadian Plants Safe if Chrysler, Dodge Go Away: Unifor
Unifor President Jerry Dias says that Chrysler and Dodge being left out of Fiat Chrysler's latest business plan doesn't mean the end of the automaker's Canadian plants. Last month, FCA revealed a five-year plan, spanning 2018 through 2022. The plan ...