Fiat
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Fiat Chrysler Says Dealer’s Lawsuit is “Baseless”

Fiat Chrysler Says Dealer’s Lawsuit is “Baseless”

Napleton Automotive Group filed a lawsuit in January against Fiat Chrysler Automobiles NV that alleges the auto maker of inflating the sales report for its new-vehicles. But the automaker lashed back saying the lawsuit is "baseless" and accused the Illinois car dealer of blaming the carmaker for its own shortcomings of not being able to meet the minimum car sale deadline.

Dennis Williams, UAW President is Confident that FCA members will Ratify Contract

Dennis Williams, UAW President is Confident that FCA members will Ratify ContractThe United Auto Workers union (UAW) has finally been successful in gaining back some of the significant concessions which were given to the Big Three of the Detroit carmakers in order to float through the financial crisis that hit in 2008 crisis.

Tentative Agreement on Contract Reached Between Fiat Chrysler and UAW

Tentative Agreement on Contract Reached Between Fiat Chrysler and UAWTuesday night at a news conference the Fiat Chrysler Automobiles and the United Auto Workers union said that they have reached a tentative agreement. But the details were not brought in the open as the new contract that will be presented for voting by the members. Next, the union will seek to reach agreements with the other two of 'Big Three', GM and Ford.

Fiat Chrysler Considering a Loyalty Share Scheme as it Plans a Spin-off for Ferrari

Fiat Chrysler Considering a Loyalty Share Scheme as it Plans a Spin-off for FerrariToday, FCA Chairman John Elkann said that Fiat Chrysler Automobiles has no intentions of replacing Amedeo Felisa as the CEO of Ferrari at this juncture when it is planning for a spin off.

When asked whether Felisa would be replaced by a new face in the coming months, he said, "There will be no CEO change." Since 2008, Amedeo has held the post of CEO of Ferrari.

Fiat Merger to Go Through

Fiat Merger to Go ThroughFiat has overcome a big hitch that faced its long time planned merger deal with Chrysler Group LLC as the company said that the number of shareholders who are looking forward to sell their shares was not enough to outshine a threshold which could cause a delay to the process.

Fiat's tie up will create a distinct universal automaker that will be called Fiat Chrysler Automobiles.

Fiat to Leave Home After 115 Years as Chrysler Merger Deal Gets Sealed

Fiat to Leave Home After 115 Years as Chrysler Merger Deal Gets Sealed As for Fiat, the largest auto maker of Italy it's time to leave home after one hundred and fifteen years.

The Agnelli family controlling the firm and other investors had a meeting yesterday in Turin to seal off Fiat as an Italian company as it merges with Chrysler.

Fiat Industrial Pays Big Compensation to Its CEO

Fiat Industrial Pays Big Compensation to Its CEOIt has been found in a recent report that Sergio Marchionne, who is the chairman of Fiat Industrial, has received $18.9 million in the year 2011 as compensation.

Marchionne is also the CEO of Chrysler, which came up from the Chapter 11 bankruptcy in 2009. While he has not received any compensation or bonus from Chrysler, Fiat Industrial has given him 2.56 million Euros in 2011, reveals the report.

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