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  1. Mopar / Stellantis News
    This morning, Fiat Chrysler Automobiles (FCA) reported a better-than-expected rise in first-quarter operating profits, thanks to a strong performance in North America.  Volume was below expectations, due to shortfalls in Latin America and the Asia-Pacific region. The world's seventh-largest...
    fca
  2. Mopar / Stellantis News
    Automotive News’ lead FCA reporter, Larry Vellequette, today covered  the demoralizing effect of constantly talking about a merger, which Allpar forum members had been discussing in parallel terms (of customer attitudes). Many employees may be wary of merger talk, given the disastrous...
  3. Mopar / Stellantis News
    The first Alfa Romeo Giulia for public sale was built at the Cassino Plant in Italy earlier today, based on a trio of photos spread around the Internet from uncertain sources. This particular launch photo was supplied on the Allpar forums by “Abarthisti;” it hails from a Facebook Alfa Romeo...
  4. Mopar / Stellantis News
    FCA chair John Elkann recently wrote to Exor shareholders on Monday saying the industry needs to consolidate, essentially reiterating Sergio Marchionne’s points in last year’s "Confessions of a Capital Junkie." Mr. Marchionne added that Toyota and Volkswagen are the only viable merger candidates...
    fca
  5. Mopar / Stellantis News
    Fiat Chrysler Automobiles plans to produce a new car for Latin America in 2017, with a projected run of over 100,000 cars per year. It will likely be a Fiat. The company is investing $500 million investment in an existing plant in Córdoba, Argentina, to upgrade it. The  locally produced content...
  6. Mopar / Stellantis News
    Fiat Chrysler showed off the new Fiat Tipo / Aegea hatchback and station wagon at the Geneva Auto Show last week; they joined the original four-door sedan. The hatchback is about six inches shorter than the sedan, while the wagon is 1.5 inches longer and about a half-inch taller, thanks to...
    fca
  7. Mopar / Stellantis News
    Canadian sales were stable, with a 0.54% increase over February 2015 — rising by 102 cars to 18,813. Jeep and Ram had double-digit year to year increases; Ram was a major sales engine with 7,550 sales for the month, greater than all FCA Mexico sales combined for the month. Jeep rose to 5,724...
    fca
  8. Mopar / Stellantis News
    Today, the Mirafiori plant in Turin, Italy, will start making retail  versions of the new Maserati Levante , which will be shown at the Geneva Auto Show tomorrow. Other Maseratis are the Quattroporte, Ghibli, GranTurismo, and GranCabrio. The Mirafiori factory dates to 1939, and includes both...
  9. Mopar / Stellantis News
    The Geneva Auto Show will include presentations from every FCA brand except those belonging to the former Chrysler. The only major “Mopar” brand in Europe is Jeep, with a 0.6% market share. Abarth, Maserati, Fiat, and Alfa Romeo are all slated for 15 minute press conferences. Maserati is...
    fca
  10. Mopar / Stellantis News
    Today, the Maserati Levante was officially shown for the first time, in advance of its debut at the Geneva Auto Show next month.   The crossover is reportedly based on the Ghibli, which in turn is loosely based on the Chrysler 300C. Standard equipment includes an electronic suspension with...
  11. Mopar / Stellantis News
    Reuters reported that workers at Fiat Chrysler's Grugliasco plant are being given a mandatory, nearly-three-week break due to lower than expected demand. All 1,900 employees will be idled from Thursday, March 17, until Monday, April 4, according to FIOM, one of the unions, which also noted...
    fca
  12. Mopar / Stellantis News
    Informal sources within FCA told Allpar that the company was working on relatively interchangeable plug-in hybrid systems. The Chrysler Pacifica will hold the first generation of these — not counting the past Chrysler Aspen/Dodge Durango or fleet-only Ram pickups. There will be two systems...
    fca
  13. Mopar / Stellantis News
    Fiat Chrysler Automobiles, which has not been found to break emissions rules, announced that it plans to reduce pollution from its popular engines anyway. The highly regarded Fiat MultiJet diesels will get a new calibration, due around April, and selective catalytic pollution-burning systems...
    fca
  14. Mopar / Stellantis News
    In FCA’s annual presentation to investors, the company showed where it had revenues (listed below as “earnings before interest and taxes,” or EBIT) — and where it lost money. There were large profits in North America ($2.5 billion), with smaller profits in Europe/Middle East/Africa (EMEA, $277...
    fca
  15. Mopar / Stellantis News
    Iranian President Hassan Rouhani started his first European tour with a trip to Italy, where he met with Italian President Sergio Mattarelli at a ceremonial dinner which included Sergio Marchionne and other business leaders. One of Mr. Rouhani's goals is reportedly to set up partnerships with...
    fca
  16. Mopar / Stellantis News
    Much has been made of the woes of Alfa Romeo, but today FCA released its new product launch sequence for the brand, which is to use a single platform/architecture for a wide range of cars. The Giulia midsize sedan is still to arrive this year,  but the midsize crossover is now set for...
    fca
  17. Mopar / Stellantis News
    FCA itself described some of the reasons why the company’s stock is down despite better than expected profits and debt reduction. On the one hand, margins in North America are well ahead of schedule, Europe/Middle East/Africa is profitable a year ahead of the plan, and Jeep has been beating...
    fca
  18. Mopar / Stellantis News
    FCA closed 2015 with higher profits, well in excess of their  guidance to analysts, and substantially less debt. Including Ferrari, net revenues were $123.1 billion, up 18%, Adjusted EBIT (earnings before interest and taxes) was $5,730 billion, up by 40% from 2014 and adjusted net profit was...
    fca
  19. Mopar / Stellantis News
    In Sergio Marchionne’s own words: There have been times in the last 12 years that I’ve been running this business when one could claim it was sort of the right time to hand it over. In 2004, for those of you who have short memories, we were losing five million dollars a day at Fiat before...
  20. Mopar / Stellantis News
    Today, buyers of FCA stock (FCAU) finally received their shares in Ferrari (RACE) — which immediately plunged, despite a rising (then falling) market.  FCAU dropped down to $8.05 at 11:24 am EST, divorced from RACE; the latter fell by over $2 per share, to $44.50. The stock market has fallen...
    fca
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