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3 hours ago FRANKFURT, March 31 (Reuters) - Germany's transport ministry has found a new "defeat device" in a Fiat car during emissions tests, it said on Friday, escalating a dispute with the Italian automaker. The ministry declined to give details, but said it would send the results to the European Commission, which has reviewed a previous emissions case involving Fiat. Fiat denied its cars were equipped with an illegal emissions test cheating device. Read more: http://www.dailymail.co.uk/wires/reuters/article-4369020/German-transport-ministry-says-finds-defeat-device-Fiat-car.html#ixzz4cwA8PMQc -
Fiat Chrysler Automobiles issued a voluntary recall today that addresses concerns over remote hacking of some of its vehicles. The company says the network itself has been repaired as of July 23, so that specific hack can't occur. The recall, which affects all vehicles with 8.4-inch touch-screens with UConnect, will also include additional security measures to the vehicles' onboard electronics and safety systems detailed below. Vehicles Affected: Approximately 1.4 million vehicles manufactured by Fiat Chrysler Automobiles, including model-year 2013-15 Dodge Viper supercars; 2013-15 Ram 1500, 2500 and 3500 pickup trucks; 2013-15 Ram 3500, 4500 and 5500 chassis cabs; 2014-15 Jeep Grand Cherokee, Jeep Cherokee and Dodge Durango SUVs; 2015 Chrysler 200, Chrysler 300 and Dodge Charger sedans; and 2015 Dodge Challenger sports cars Read more: http://news.pickuptrucks.com/2015/07/fca-recalls-14-million-vehicles-over-hacking.html#more
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http://www.freep.com/story/money/cars/chrysler/2015/06/18/fiat-chrysler-fca-marchionne-gm-general-motors-merger/28853709/ Mergio is hell-bent on a shotgun wedding, but I'm not seeing this. What do y'all think?
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Chrysler Group LLC Reports April 2013 U.S. Sales Increased 11 Percent; Best April Sales in Six Years Best April sales since 2007 37th-consecutive month of year-over-year sales gains Seven Chrysler Group vehicles set sales records for month of April Dodge Dart compact car records highest monthly sales since 2012 vehicle launch Dodge Durango sales up 65 percent; best April sales since 2005 Jeep® Grand Cherokee sales up 27 percent; best April sales since 2005 Ram Truck brand sales up 49 percent; largest percentage sales gain of any Chrysler Group brand in April May 1, 2013 , Auburn Hills, Mich. - Chrysler Group LLC today reported U.S. sales of 156,698 units, an 11 percent increase compared with sales in April 2012 (141,165 units), and the group’s best April sales since 2007. The Jeep®, Dodge, Ram Truck and FIAT brands each posted year-over-year sales gains in April compared with the same month a year ago. The Ram Truck brand’s 49 percent increase was the largest sales gain of any Chrysler Group brand in April. Chrysler Group extended its streak of year-over-year sales gains to 37-consecutive months in April. “Chrysler Group’s best April sales in six years helped to maintain our sales momentum and drove us to our 37th-consecutive month of year-over-year sales gains,” said Reid Bigland, Head of U.S. Sales. “Our sales last month were solid across the board with seven Chrysler Group vehicles recording their best April sales ever.” The Dodge Durango’s 65 percent sales increase was the largest sales gain of any Dodge brand vehicle in April and second only to the Ram Cargo Van’s 110 percent sales gain among Chrysler Group vehicles. Jeep brand sales rebounded in April as all Jeep brand models except Jeep Liberty, which is no longer in production, posted sales gains last month. Sales of the flagship Jeep Grand Cherokee were up 27 percent in April compared with the same month a year ago, its best April sales in eight years. Seven Chrysler Group vehicles set sales records in the month of April. The Jeep Compass compact SUV and the Jeep Wrangler each logged their best April sales ever, as did the Dodge Challenger, Dodge Journey, Fiat 500, and Ram Cargo Van. The all-new Dodge Dart compact car had its best sales month since the vehicle was launched in June last year. Chrysler Group finished the month with a 66-days supply of inventory (415,019 units). U.S. industry sales figures for April are projected at an estimated 15.4 million units Seasonally Adjusted Annual Rate (SAAR). April 2013 U.S. Sales Highlights by Brand Ram Truck Brand Ram Truck brand sales were up 49 percent, the largest percentage sales gain of any Chrysler Group brand in April. It was the brand’s best April sales since 2007. Sales of the Ram pickup truck were up 49 percent in April, the pickup truck’s 36th-consecutive month of year-over-year sales gains. The 49 percent sales gain was the pickup truck’s best April sales in six years. Sales of the Light Duty Ram pickup were up 54 percent, driven by the Quad Cab pickups, while Heavy Duty Ram sales were up 30 percent. The Ram Cargo Van set a sales record for the month of April with its 110 percent sales gain. The Ram 1500 Laramie Longhorn earned a spot on Ward’s 10 Best Interiors for 2013 list in April. WardsAuto editors selected the top passenger compartments after spending February and March evaluating 46 vehicles that are all-new or feature significantly-upgraded interiors. WardsAuto said the Ram 1500 is a spectacular, emotive interior that sets a high standard other automakers will be hard-pressed to emulate. Dodge Brand Dodge brand sales were up 18 percent, the brand’s best April sales since 2008 and its 23nd-consecutive month of year-over-year sales gains. Sales of the Dodge Durango full-size SUV were up 65 percent, its best April sales in eight years. Production of the new 2014 Dodge Durango, with its standard state-of-the-art, class-exclusive eight-speed automatic transmission, is scheduled to begin in the third quarter of this year. The Durango’s sales gain was the largest percentage increase of any Dodge brand model in the month. The Dodge Journey full-size crossover and the Dodge Challenger each set a sales record for the month of April. Sales of the Challenger increased 17 percent, while Journey sales were up 14 percent. The all-new Dodge Dart continued on its upward sales trend with its month-over-month increase in April, the compact car’s best monthly sales since Dodge dealers began selling the model in June last year. Two Dodge brand models earned awards this week at the Texas Auto Writers Association’s (TAWA) 2013 Auto Roundup at the Texas Motor Speedway. The Dodge Challenger SRT8 392 took home the award for Performance Coupe of Texas, while the Dodge Journey Crew earned the Activity Vehicle of Texas award. After a day of demanding driving at the racetrack in Fort Worth, journalists voted on their favorites and Chrysler Group secured seven of the possible 19 awards – the most of any participating manufacturer at the event. Jeep® Brand Improving Jeep production in April helped Jeep brand sales to rebound with an 2 percent year-over-year sales gain for the month, the brand’s best April sales since 2007. All Jeep models in production recorded sales gains in April compared with the same month a year ago. The Jeep Compass compact SUV and the Jeep Wrangler each set a sales record for the month of April. Sales of the Compass were up 23 percent, while sales of the Jeep Wrangler, winner of Four Wheeler magazine’s prestigious 2013 Four Wheeler of the Year Award, were up 10 percent in April. The Jeep Grand Cherokee’s 27 percent increase was its best sales month so far this year and its best April sales in eight years. The Jeep Grand Cherokee SRT earned TAWA’s Performance Utility of Texas award at this week’s Auto Roundup in Texas. FIAT Brand The Fiat 500 set a sales record for the month of April with its 1 percent increase. It was the model’s 14th-consecutive month of year-over-year sales gains. The Fiat 500 Abarth, with its 22 percent sales gain, had the largest year-over-year percentage increase of any of the 500 models in April. The Fiat 500 Turbo took home the award for Sub-Compact Car of Texas during this week’s TAWA Auto Roundup at the Texas Motor Speedway. This summer, the all-new 2013 Fiat 500e electric vehicle will join the 500 model lineup in the state of California. The 500e will be offered to California residents at launch with a $199 a month/$999 due at signing lease for 36 months, same as the current lease offer on a Fiat 500 Pop powered by a gas engine. Chrysler Brand The Chrysler Town & Country minivan logged a 4 percent sales increase in April, its best April sales in three years. The Town & Country this year won the Polk Automotive Loyalty Award in the “Minivan” category for a record 12th-consecutive time. Chrysler brand sales were down 13 percent compared with the same month a year ago. Two Chrysler brand models earned awards this week at TAWA’s Auto Roundup. The Chrysler Town & Country Limited minivan took home the award for Minivan of Texas, while the Chrysler 300C John Varvatos Luxury Edition earned the Best New Interior award. The Chrysler brand has two special edition models coming to dealerships shortly. Production of the 2013.5 Chrysler 200 S Special Edition began in April. It will begin arriving in dealerships this month. The 2013 Chrysler 300C John Varvatos Limited Edition is expected to arrive in dealerships later this quarter.
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Chrysler Group LLC Reports July 2012 U.S. Sales Increased 13 Percent; Best July Sales in Five Years Best July sales since 2007 28th-consecutive month of year-over-year sales gains Chrysler, Jeep®, Dodge, Ram Truck, and FIAT brands each post sales increases in July compared with same month a year ago Chrysler brand sales up 35 percent; best July sales since 2008 Chrysler 200 mid-size sedan sets sales record for month of July Chrysler 300 flagship sedan posts 41 percent increase; best July sales since 2008 Chrysler Town & Country minivan records double-digit sales gain and best July since 2006 FIAT brand sales up 22 percent; sets sales record for month of July Ram pickup truck sales up 17 percent; best July sales since 2007 Ram Truck brand has best July sales in four years Jeep brand sales up 7 percent; best July sales since 2005 Jeep Liberty sales increase 34 percent; largest percentage increase of Jeep brand models Jeep Grand Cherokee has best July sales in seven years Dodge brand sales up 6 percent; best July sales since 2005 Production of the all-new 2013 Dodge Dart ramping up with addition of third crew at Belvidere, Ill. assembly plant Dodge Journey full-size crossover sets sales record for the month of July Dodge Dart, Fiat 500 and Jeep Patriot named to Consumer Guide Automotive’s list of the ‘10 Coolest Cars Under $18,000’ August 1, 2012 , Auburn Hills, Mich. - Chrysler Group LLC today reported U.S. sales of 126,089 units, a 13 percent increase compared with sales in July 2011 (112,026 units), and the group’s best July sales since 2007. The Chrysler, Jeep®, Dodge, Ram Truck, and FIAT brands each posted sales increases in July compared with the same month a year ago. Chrysler Group recorded its 28th-consecutive month of year-over-year sales gains in July. The Chrysler brand led the way with its 35 percent sales gain, the largest percentage increase of any Chrysler Group brand in July. “July was another solid month for Chrysler Group as we again demonstrated our disciplined and methodical approach to growing sales and profits,” said Reid Bigland, President and CEO – Dodge Brand and Head of U.S. Sales. “In July we recorded a 13 percent increase in sales and our 28th-consecutive month of year-over-year sales growth. In addition we also announced a second quarter modified operating profit of $755 million representing our highest quarterly profits in more than a decade.” Chrysler Group’s 13 percent sales increase was driven in part by two models that set sales records for the month of July: the Chrysler 200 mid-size sedan and the Dodge Journey full-size crossover. Sales of the award-winning Journey were up 69 percent, the largest percentage increase of any Chrysler Group model in July. Also contributing to Chrysler Group’s July increase were the Ram pickup truck, the group’s volume leader, with its 17 percent sales increase, and the Chrysler 300 flagship sedan with a solid 41 percent gain. Sales of the Jeep Grand Cherokee, the most awarded SUV ever, were up 22 percent while the Jeep Liberty mid-size SUV recorded a 34 percent sales increase, the largest year-over-year percentage sales gain of any Jeep model in July. Chrysler Group finished the month with a 65-days supply of inventory (341,699 units). U.S. industry sales figures for July are projected at an estimated 14 million units Seasonally Adjusted Annual Rate (SAAR). July 2012 U.S. Sales Highlights by Brand Chrysler Brand Chrysler brand sales were up 35 percent, the brand’s best July sales in four years and the largest year-over-year percentage increase of any Chrysler Group brand in July. All three Chrysler brand models contributed to the sales gain by logging double-digit sales increases in July compared with the same month a year ago. The Chrysler 200 mid-size sedan was the brand’s volume leader, setting a sales record for the month of July with its 43 percent sales increase. The Chrysler Town & Country minivan rolled up a 25 percent sales gain, its best July since 2006, while the Chrysler 300 flagship sedan, with a strong 41 percent gain, recorded its best July sales since 2008. FIAT Brand FIAT brand sales, up 22 percent compared with the same month a year ago, set a sales record for the month of July. The Fiat 500 Cabrio did particularly well with a triple-digit percentage sales increase in July versus the same month in 2011. The editors at Consumer Guide Automotive named the Fiat 500 to its annual list of the “10 Coolest Cars Under $18,000.” Editors at the publication test drove and evaluated each new car with a base U.S. Manufacturer’s Suggested Retail Price (MSRP) under $18,000. The 2012 Fiat 500 topped this annual list. Ram Truck Brand The Ram pickup truck, Chrysler Group’s volume leader, extended its streak of year-over-year sales gains to 27-consecutive months in July. Sales of the Ram pickup truck were up 17 percent in July compared with the same month a year ago. It was the pickup truck’s best July sales performance since 2007. Of the Ram 1500 sales, the regular cab pickups posted the largest percentage sales increase in July, while the crew cab trucks led in volume. The Ram Truck brand, which posted its best July sales in four years, continues to grow sales with its 2012 models while preparing to launch the all-new 2013 Ram 1500 with its best-in-class fuel economy, state-of-the-art technology, and class-exclusive features. Ram Truck dealers are expected to begin ordering the new Ram early this month with production slated to begin in September. Jeep® Brand Jeep brand sales were up 7 percent, the brand’s best July sales since 2005, and its 27th-consecutive month of year-over-year sales gains. Sales of the Jeep Grand Cherokee, the most awarded SUV ever, were up 22 percent, its best July sales in seven years. Jeep Liberty sales were up 34 percent, the largest percentage increase of all Jeep models in July. Sales of the Jeep Patriot were up 28 percent in July. Editors at Consumer Guide Automotive named the Patriot to its “10 Coolest Cars Under $18,000” list in July. The Jeep Compass compact SUV had its best sales month of this year. Dodge Brand Dodge brand sales increased 6 percent in July, the brand’s best July sales since 2005. The Dodge Journey full-size crossover set a sales record for the month of July. With its 69 percent sales increase, the Journey, the most versatile and affordable crossover in America, turned in the largest year-over-year percentage sales increase of any Chrysler Group model in July. The all-new 2013 Dodge Dart compact car is beginning to arrive in dealership showrooms in greater numbers across the country. Sales of the Dart were up 282 percent in July compared with its first month of sales in June. Production of the Dart continues to ramp up with the addition of third crew at the Belvidere, Ill. assembly plant. The Dart was one of three Chrysler Group models that made Consumer Guide Automotive’s annual list of the “10 Coolest Cars Under $18,000.” Source: Chrysler Media
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Chrysler Group Second-Quarter 2012 Net Income Increased to $436 Million Second-Quarter Modified Operating Profit Increased 49 Percent to $755 Million With Free Cash Flow of $866 Million Chrysler Group LLC net income was $436 million in the second quarter, a 141 percent improvement over the Adjusted Net Income(a) of $181 million a year ago Net revenue for the quarter was $16.8 billion, up 23 percent from $13.7 billion a year ago Modified Operating Profit ( b grew to $755 million in the quarter, 49 percent higher than a year earlier Free Cash Flow(e) for the quarter totaled $866 million; Cash(d) ended the quarter at $12.1 billion compared with $10.2 billion a year ago and $11.3 billion at March 31, 2012 Net Industrial Debt(f) was reduced to $432 million at June 30, 2012, from $2.1 billion a year ago and $1.3 billion at March 31, 2012 Worldwide vehicle shipments were 630,000 in the quarter, up 22 percent from 514,000 a year ago and in line with the full-year target Worldwide vehicle sales for the second quarter totaled 582,000, up 20 percent from a year ago U.S. market share increased to 11.2 percent for the second quarter, up from 10.6 percent a year ago, driven by a 32 percent increase in U.S. retail sales; market share in Canada was 14.5 percent Production of the all-new, fuel-efficient 2013 Dodge Dart started in Belvidere, Ill. and the vehicle is arriving in dealer showrooms now Chrysler Group LLC today reported its preliminary second-quarter financial results, including net income of $436 million, an $806 million improvement from the $370 million net loss in the same quarter last year, which had included a $551 million charge related to repayment of its government loans. Excluding the charge, net income increased $255 million, or 141 percent, period over period, as the Company continues to achieve its business targets and improve sales across all brands. “Our results reflect a tireless pursuit by the people of Chrysler Group to deliver the very best quality and value across our brands,” said Sergio Marchionne, Chrysler Group LLC Chairman and Chief Executive Officer. “Together, we are always striving to achieve more, to learn from the past and build upon our successes. Nowhere is our dedication more evident than in the all-new Dodge Dart, with up to 41 mpg highway and levels of customization not typically found in the compact car segment.” Revenue for the quarter was $16.8 billion, up 23 percent from $13.7 billion in the second quarter of 2011, primarily driven by a 22 percent period-over-period increase in shipments. For the first six months, the Company recorded net income of $909 million on revenue of $33.2 billion. The Company recorded a Modified Operating Profit of $755 million, or 4.5 percent of revenue, in the sec! ond quarter, up 49 percent from the $507 million reported in the prior year. The increase was attributable to strong volume and pricing, partially offset by unfavorable mix as we increased sales of cars versus trucks and SUVs, enhanced vehicle content and increased research-and-development spending for new models. Modified Operating Profit for the first half of the year was $1.5 billion. Source: http://media.chrysler.com
