Fiat Chrysler and Peugeot-Citroen-Opel-Vauxhall plan to merge
The Italian-American and French automakers have confirmed they are working towards a 50/50 merger and result in the world’s fourth largest carmaker.
The Italian-American and French automakers have confirmed they are working towards a 50/50 merger and result in the world’s fourth largest carmaker.
Sergio Marchionne (1952-2018) passed away this week. He was CEO of Fiat, later Chrysler too, and then Fiat Chrysler, Ferrari, and CNH.
The Dodge Hellcat 6.2-liter supercharged V8 crate engine is now available from Mopar. The Hellcrate engine is US$19,530, and installation kit is US$2,195
Fiat Chrysler is looking to increase its number of US dealers from 2,500 today to 2,900, with the Italian-American auto company keen to stop sliding sales.
Fiat Chrysler may be forced to sell off some of its brands, including Alfa Romeo and Maserati, if it wants to pay down its massive US$7 billion of debt.
Fiat Chrysler will exit passenger manufacturing in the USA by early 2017, with the company producing only Jeep SUVs, Ram pickups and crossovers.
Fiat Chrysler and the United Auto Workers union are continuing negotiations over a new wage deal, with the prospect of strike looming over the car maker.