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FCA could unveil earnings margins increase strategy

FCA could unveil earnings margins increase strategy

Fiat Chrysler Automobiles is scheduled Wednesday for its traditional first-quarter financial results conference, but the hype surrounding it could revolve around a hinted plan to lift profit and margins. More importantly, the seventh largest automaker in the world said this Monday it would report to its shareholders the “operational initiative” […]

Recall roundup: FCA vehicles

Recall roundup: FCA vehicles

Fiat Chrysler Automobiles has recently announced two recalls which are covering approximately 63,000 vehicles because of clutch ignition interlock switches and side curtain airbag problems. According to the car manufacturer, the first recall, and the largest one, is covering the certain model year 2006 Jeep Liberty and Wrangler SUVs and […]

FCA wants increased auto industry consolidation

FCA wants increased auto industry consolidation

Fiat Chrysler Automobiles NV’s chief executive officer Sergio Marchionne is increasingly vocal about the need of the auto industry to further intensify its consolidation drive, with his calls largely unanswered so far. Marchionne is starting to look like the “Gandalf” of mergers, after orchestrating the unification between Italy’s Fiat SpA […]

FCA gathers more cash from bonds offering

FCA gathers more cash from bonds offering

Fiat Chrysler Automobiles, the world’s seventh largest automaker, has an ambitious five-year expansion plans that includes investments of almost $50 billion. And because automakers actually don’t have such massive cash hoards lying around, the financing needs to come from some place. For example, the latest move by FAC was to […]