NEWS BREAK

  • FCA 2nd-quarter profit up 69%

    July 30, 2015
    FCA closed its second quarter with a net profit at €333 million (euros), up 69 percent, an Adjusted EBIT (earnings before interest and taxes) of €1.5 billion, up 58 percent, driven by strong improvement in its NAFTA margin to 7.7 percent. Group net revenues were €29.2 billion, up 25 percent, net industrial debt was €8.0 billion, down €0.6 billion from prior quarter. Worldwide shipments were 1.2 million units, in line with second-quarter 2014.
  • Challenger, Charger, 500 pace APEAL study

    July 22, 2015
    FCA US vehicles led three segments in J.D. Power’s 2015 U.S. Automotive Performance, Execution and Layout (APEAL) study released on July 22. Dodge Challenger, Dodge Charger and the Fiat 500 led the midsize sporty car, large car and city car segments, respectively. The 2015 Ram 1500 and 2015 Chrysler 300 also performed well in the APEAL study, ranking second and third in the large light-duty pickup and large car segments, respectively.
  • FCA US enters NHTSA agreement

    July 27, 2015
    FCA US has entered into an agreement with the U.S. National Highway Traffic and Safety Administration that will resolve outstanding differences with the agency regarding the company’s execution of 23 recall campaigns. The consent order provides a way forward for FCA to make meaningful change in its handling of recalls for the benefit of its most important constituency, its customers.
  • Strategic Vision study ranks FCA US highest

    July 17, 2015
    FCA US earned the highest ranking among all automakers for total quality in Strategic Vision’s 20th annual Total Quality Index (TQI) study. Six 2015 model year vehicles won their respective segments for total quality: Dodge Challenger–tied for first in specialty coupe segment; Dodge Charger–full-size car; Dodge Durango–mid-size SUV; Jeep® Wrangler Unlimited–entry SUV; Fiat 500–small multi-function car; and Fiat 500e–small alternate powertrain car.
  • UAW Local 685 builds home for vet

    July 22, 2015
    Tears ran down the face of war veteran John Stewart from Kokomo, Ind., as members of UAW Local 685 presented him with a very special gift. As an Army veteran who served two tours in Afghanistan spanning five years, Stewart received a new home through a selection process conducted by Habitat for Humanity. After a blessing ceremony at the donated home site on June 22, construction started immediately and was completed in 11 days.

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