An advanced plan hatched between Groupe PSA (owner of the Peugeot, Citroen and Opel brands) and Fiat Chrysler Automobiles (FCA) to join forces would create the world's fourth largest global automotive OEM by scale.
The proposed super-merger between the keen French and Italian-American giants, with a combined 410,000 direct employees, would create a new group half-owned by each party with equal board representation.
Fiat Chrysler fined US$40 million for inflating sales figures
Fiat Chrysler Automobiles (FCA) has settled with the US Securities and Exchange Commission (SEC) over accusations it inflated sales figures between 2012 and 2016.
The Detroit (and Turin) giant will pay US$40 million ($59 million) and has promised to stop the dodgy practices.
According to the SEC, Fiat Chrysler dealers would create and maintain a database of unreported sales throughout strong months, often called the 'cookie jar' by employees.
Fiat Chrysler Australia appoints new managing director
Fiat Chrysler Australia has appointed Kevin Flynn (above) its new managing director amid falling sales.
Alfa Romeo, Jeep, and Fiat have all seen their sales decline throughout 2019, with registrations dropping 31.8 per cent, 28.0 per cent and 9.8 per cent year-to-date respectively. Chrysler is bucking the trend, up 20.7 per cent on the back of a New South Wales police contract.
Fiat Chrysler Australia has recalled the 2007 Dodge Nitro, over concerns about the windscreen wipers.
According to the company, the windscreen wipers might become inoperative. If they stop working while it's raining, drivers will be faced with reduced visibility, putting them at greater risk of an accident.
A total of 814 units are included in the campaign – a VIN list is attached here.