Sergio Marchionne sees cooperation with the UAW as a key to a future merger with General Motors. In the deal, Marchionne could potentially take advantage of the 8.7 percent of GM stock that's owned by the union's health care trust.
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.
FCA will likely stick with its original plan and won't put more than 10 percent of Ferrari shares on the market during the Italian sports-car company's IPO later this year, according to Sergio Marchionne.
Toledo, OH is doing all that it can to keep production of the Jeep Wrangler in its boundaries, but the biggest issue facing the plant may be insurmountable, no matter how desperately the city wants to keep the Wrangler local.