Latest Sergio Marchionne News

FILE - This Oct. 16, 2019, file photo shows a sign at a General Motors facility in Langhorne, Pa. Fiat Chrysler is moving to dismiss a racketeering lawsuit filed by rival General Motors, denying allegations that it bribed union officials to impose higher labor costs on GM. In papers filed Friday, Jan. 24, 2020 with the federal court in Detroit, FCA argued that GM’s lawsuit is not based on facts. (AP Photo/Matt Rourke, File)

Fiat Chrysler denies union bribery allegations in GM lawsuit

Jan. 24, 2020 7:52 PM EST

DETROIT (AP) — Fiat Chrysler is moving to dismiss a racketeering lawsuit filed by rival General Motors, denying allegations that it bribed union officials to impose higher labor costs on GM. In papers filed Friday with the federal court in Detroit, FCA argued that GM’s lawsuit is not based on...

FILE - In this Oct. 31, 2019 file photo, a Fiat logo is pictured on a car in Bayonne, southwestern France. Fiat Chrysler Automobiles and PSA Peugeot announced Wednesday, Dec. 18, 2019, that their boards signed a binding deal to merge the two automakers, creating the world’s fourth-largest auto company. (AP Photo/Bob Edme, File)

Fiat Chrysler-Peugeot merger could bring more clean vehicles

Dec. 18, 2019 4:56 PM EST

DETROIT (AP) — Fiat Chrysler and Peugeot agreed Wednesday to merge into a single company that will become the world’s fourth-largest automaker, a giant that could bring consumers a wider variety of cleaner vehicles at a faster pace, including more powered by electricity. The boards of the two...

FILE - In this Feb. 14, 2019, file photo, the Fiat logo is mounted on a 2019 500 L on display at the 2019 Pittsburgh International Auto Show in Pittsburgh.  argainers for the United Auto Workers union and Fiat Chrysler are close to reaching a tentative deal on a new four-year contract, a person briefed on the matter said Saturday, Nov. 30.  The deal, which could be announced Saturday, includes a $9,000 signing bonus, a promise not to close any factories for the next four years and a commitment to keep making vehicles at a plant in Belvidere, Illinois, said the person, who spoke on condition of anonymity because the talks are confidential.  (AP Photo/Gene J. Puskar, File)

Fiat Chrysler, auto union reach tentative deal on contract

Nov. 30, 2019 12:53 PM EST

DETROIT (AP) — The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract, which includes a total of $9 billion in investments but still needs final approval from workers. Both sides declined to offer details on the deal, but it includes a $9,000 bonus for...