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Samsung Electronics Is Pursuing The Purchase Of Partial Or Entire Fiat Chrysler Automobiles’ NV (NYSE:FCAU) Operations

Samsung Electronics is considering buying some or all of the Fiat Chrysler Automobiles’ NV (NYSE:FCAU) operations. The two are in advanced talks which if they are agreeable will result into the acquiring of the auto maker’s MagnetiMarelli’s lighting, in-car entertainment and telematics business. Reliable sources revealed that the acquisition whose closure is expected to take […]

Ford Motor Company (NYSE:F) Signals A Pick In US Auto Demand

Ford Motor Company (NYSE:F) has reported that the July sales in US fell compared to the same month and time last year. The results for the Fiat Chrysler Automobiles NV (NYSE:FCAU) were weaker, and the same results also applied to Nissan. This is evident that the automobile demand in the US might be falling or […]

Fiat Chrysler Automobiles NV (NYSE:FCAU) Boosts Its Sterling Heights Plant With A $1.49 Billion Investment

$1.49 billion is what Fiat Chrysler Automobiles NV (NYSE:FCAU) will be using to revamp its Sterling Heights Assembly Plant in Michigan. The automaker says that it is moving in haste to make the plant ready for the building of the next-generation Ram 1500 pickup truck. The current production of the Chrysler 200 mid-sized sedan is […]

Fiat Chrysler Automobiles NV (NYSE:FCAU) Inflated U.S. Sales Figures

Reports have now surfaced that Fiat Chrysler Automobiles NV (NYSE:FCAU) FCA had inflated their sales figures in the United States. This is after an internal review that was started in 2015. One of the contributing factors that led to the inflation of figures is the pressure to maintain a year over year monthly sales. Inflation […]

UAW Chooses Fiat Chrysler Automobiles NV (NYSE:FCAU) For Negotiations

The United Auto Workers (UAW) has chosen Fiat Chrysler Automobiles NV (NYSE:FCAU) for negotiating a new labor agreement. The move came as a surprise as Fiat Chrysler is the smallest of the three auto makers in Detroit. The move also dodges the union’s tradition of negotiating with the strongest company to extract the best terms […]

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