A former managing director of Fiat Chrysler Australia is accused of misappropriating the equivalent of $23.1 million. He bought yachts, held lavish Christmas parties, and supported friends' businesses.
FCA is allegedly pushing back the launch of around a dozen vehicles in the US, including the next-gen Ram 1500 and Jeep Wrangler. Alfa Romeo might see more products come to market even more quickly, though.
Sergio Marchionne says that the next Jeep Wrangler is not fully aluminum, which might keep production in Toledo, OH. Also, the company is working with NHTSA to fully comply with the agency's requests for the upcoming public hearing.