FCA has been spied performing cold-weather tests on a midsize pickup. Despite a lot of camouflage, the model is believed to be a future competitor to global trucks like the Toyota Hilux and Ford Ranger.
FCA US is replacing the the ignition switches in 702,578 examples of the 2008-2010 Chrysler Town & Country, 2008-2010 Dodge Grand Caravan and 2009-2010 Dodge Journey. This campaign was first announced last year, but the automaker has revised the repair procedure.
Sergio Marchionne confirms that the 124 Spider is the name for Fiat's forthcoming roadster. The Italian sports car almost certainly shares a platform for the latest Mazda MX-5 Miata and reportedly debuts some time in 2016.
A new generation of the Dodge Viper ACR is rumored to be green lit for production starting in July. A concept version possibly previewed some of its performance improvements, including a massive rear wing, at the 2014 SEMA Show.
Fiat Chrysler, Honda And Toyota Re-Recall Models From The Early 2000s
Fiat Chrysler Automobiles, Honda and Toyota will recall 2.1 million vehicles built in the early 2000s for airbags that could deploy unexpectedly. These vehicles had previously been recalled, but the National Highway Traffic Safety Administration has found that they are still defective.
Fiat-Chrysler Automobiles posted growing financial numbers for 2014 in practically every metric, and the automaker is forecasting even better figures in 2015. North America played a major role in that success.
Four Chrysler dealers shuttered during the automaker's bankruptcy have one less obstacle in their way to reopening following a US appeals court ruling. However, they still have to work things out with FCA.
Jeep is still working to install trailer hitches on recalled 1993-1998 Jeep Grand Cherokee and 2002-2007 Jeep Liberty to make them safer in rear collisions. The company says it is working to notify owners in new ways to get them to bring their vehicles in, but fix rates are reportedly low and deaths are still being reported in unrepaired recalled vehicles.
The Canadian auto market was hot in 2014 and posted recorded sales. Leader among them for the fifth straight year was Ford, but the Blue Oval nearly lost its sales crown. A rally from FCA put it within about 2,000 units of being the biggest automaker in the Great White North.
Evidence is mounting that Alfa Romeo is revealing the 4C Spider at the 2015 Detroit Auto Show. The latest indicator comes from FCA's blog that the company has a debut for the Italian sports car brand for the event. After seeing the Spider out testing so recently, it seems like the most likely candidate.
The final tally on the cost of the US auto industry bailout is in. With the recent sale of shares of Ally Financial, the Feds invested $79.69 billion to keep GM, Chrysler and their financing divisions afloat and recouped $70.43 billion – a net loss of $9.26 billion. However, in the government's official numbers it lost $16.56 billion because the smaller number factored in interest and dividend payments. The total was still far less red ink spilled than some estimates predicted.
During the big Fiat Chrysler Automobiles FCA US LLC announcement of its five-year plan earlier this year, the strategy for Alfa Romeo was easily summarized by brand boss Harald Wester: "Go back to the Alfa Romeo that people admired." Easier said than done. With the 4C as one step in that procedure, we might see the next when the company unveils its midsize sedan in June with a trio of new engines with up to 480 horsepower.
Detroit's third-largest automaker has had a lot of names over the years. It was founded as the Chrysler Corporation in 1925, a name it held until 1998 when it was bought by ze Germans in 1998 to form DaimlerChrysler AG, then it went independent in 2007 under the name Chrysler LLC before being retitled once again as Chrysler Group LLC in 2009. And now the automaker headquartered in Auburn Hills, MI, is getting yet another new name.
Fiat Chrysler Automobiles is trying to get capital together in a hurry to finance the automaker's growth plans. Among its strategies to raise money, Ferrari will be spun off from the FCA mothership next year with an initial public offering. However, the Italian supercar maker will be a couple billion dollars poorer at the start of its new life.