Results for: FCA

Ferrari S.p.A. Races Ahead

The Ferrari S.p.A. Initial Public Offering (IPO) is today. Sergio Marchionne has been patiently waiting for this day, for months now. Reason being: Fiat Chrysler Automobiles (FCA) stands to gain at least $4 billion from the aforementioned IPO (and other ramifications surrounding the IPO). Fortunately, for Ferrari S.p.A. (but mostly FCA) the RACE icon (Ferrari N.V. is trading under the aforemention

Ferrari S.p.A. Is Going Public

Ferrari S.p.A is almost undisputedly the most iconic name in the history of tools for transportation (‘tools’ implying that animals and forces of nature are not included; ‘name’ excluding the wheel). The auto manufacturer had a reputation in the racing industry before even going commercial; now its pedigree is above reproach; it is the best... period (unless of course you are following the current

United Automobile Workers Might Strike

The United Automobile Workers (UAW) Union is well past the September 14th, 2015 deadline for finalizing the Labor Contract, that is to be implemented for the next four years. Thus far, only Fiat Chrysler Automobiles (FCA) is actively engaged in negotiations, the other two members of the Detroit Three (General Motors (GM) and Ford) are in a hiatus waiting for the least financially flexible of the t

United Automobile Workers Reject FCA Proposal

The United Automobile Workers (UAW) have just vetoed the tentative deal with with Fiat Chrysler Automobiles (FCA). The initial reports are not flattering for the already struggling Automaker. Earlier this month, the FCA reached a tentative agreement with the head union representatives, as information trickles in about said agreement, the more doomed it looks. Well over half of the factory laborers

FCA Sets a Precedent With United Automobile Workers

Negotiations with the United Auto Workers (UAW) Union has always been a source of strife in the American auto market. For 19 hours now, Sergio Marchionne in debate with Dennis Williams in order to reach an accord for wages and Healthcare, among other things. FCA’s negotiations with UAW Union are setting a precedent for the other major Detroit Automakers. This round of debate was much fairer than

FCA: A Year in Recalls

Back in late July, Auto Publishers reported on a massive vehicle recall by Fiat Chrysler Automobiles designed to close potential cybersecurity loopholes that could be exploited by hackers. The upshot of this recall was that FCA was levied with an unprecedented $105 million fine, along with some harsh words from Mark Rosekind of the National Highway Traffic Safety Administration. Now comes word th

FCA Future?

Fiat Chrysler Automobiles has been an unprecedented success considering all the hardship the auto group has had to overcome. Just the fact that the company still exists is an admirable feat in it of itself. Both Fiat and Chrysler were circling the drain not long ago. Sergio Marchionne somehow found a way to save all the companies in the Fiat Chrysler Automobiles family, and present them with passa

FCA Boss Sergio Marchionne Pushes for GM Merger

To say that Sergio Marchionne (pictured) really wants to finalize a merger between Fiat Chrysler Automobiles and General Motors might be an understatement. The FCA CEO has practically dared GM, along with other automakers, to join forces with him. However, his mission to create the ultimate union between automakers has gone unfulfilled, at least thus far. Now it appears that Marchionne will likel

The Barracuda is Back and Badder Than Ever

In the underwater kingdom, a barracuda is a long, large fish noted for its intimidating appearance. But in the automotive world, the Barracuda is a name that inspires hushed tones, mainly because it’s been so long since one has been seen in its natural environment on U.S. roads and highways. Some may even shoot you a quizzical look and ask, “Barracuda? Do they still even make those?” If Dodge has

Fiat Chrysler Denies Slow Response to Vehicle Hacking Problem

Whoever said there there’s no such thing as bad publicity might question that statement if she saw the few weeks that Fiat Chrysler was having. The beleaguered Italian-American automaker is once again in the news—and not in a good way—as more information regarding its 1.4 million vehicle recall comes to light. Fiat Chrysler is now contending with allegations that they waited 18 months to disclose