Corporate Newsroom

FCA to Invest $400 Million to Convert Idled Indiana Transmission Plant to Build Engines; Nearly 200 New Jobs to be Added to Support Production

March 5, 2020 FCA announced today that it will invest $400 million to repurpose an idled transmission plant in Kokomo, Ind., to build the GMET4 engine – the Company’s 2.0-liter Global Medium Engine inline four-cylinder turbo that is currently offered on the Jeep® Wrangler and Jeep Cherokee.

FCA Announces Leadership Changes

March 4, 2020 After 22 years of dedicated service, Reid Bigland, Head of Ram Brand, U.S. Sales and FCA Canada, has announced his intention to leave the company effective April 3, 2020, to pursue interests outside of FCA.

FCA Statement Regarding Michigan EGLE Approval of Voluntary Environmental and Air Monitoring Plans

February 28, 2020 We are pleased that Michigan EGLE approved both our voluntary environmental projects and our voluntary air monitoring plans related to the Mack Assembly Plant in Detroit. As we continue building our new state-of-the-art assembly plant and bring nearly 6,500 jobs to Michigan, including nearly 5,000 to Detroit, we know we have a great responsibility to minimize the environmental impact for this and future generations. 

Winners Circle is Latest Minority-owned Dealership to Open Through FCA Investment Program

February 14, 2020 Jarryd Carver, 33, purchased Pomoco Chrysler Dodge Jeep Ram earlier this month with the help of the Dealer Market Investment Program, which works to increase the participation of women and minorities in the company's network of about 2,600 U.S. dealers. Candidates for the program must show demonstrated leadership skills, financial acumen and customer satisfaction, as well as a proven track record of exceptional sales performance. 

Michigan Minority Supplier Development Council Names FCA Executive as Chairman of the Board

February 11, 2020 The Michigan Minority Supplier Development Council (MMSDC) named FCA North America Head of Purchasing and Supply Chain Management Scott Thiele as Chairman of the Board for the next two years, leading the group’s efforts to advance opportunities for minority-owned businesses. 

City of Detroit and FCA Seek Artists to Paint One of the Largest Municipal Art Installations in Detroit's History

February 10, 2020 This Valentine’s Day, FCA will join Detroit’s Office of Arts, Culture and Entrepreneurship and City Walls Detroit murals program in showing the city some love. FCA and the City will issue a global open call to artists to create murals that will comprise one of the largest municipal art installations in Detroit’s history.

FCA Belvidere Assembly Plant Awarded Silver Status for Continuous Efforts to Improve in World Class Manufacturing

February 6, 2020 Belvidere Assembly Plant, home of the Jeep® Cherokee, is the latest plant to be designated silver in the Company’s World Class Manufacturing (WCM) program. Recognized for its efforts in expanding the implementation of WCM principles, the Illinois facility is the Company’s 10th North American manufacturing location overall to achieve the silver milestone and the first plant this year.

FCA UAW-Represented Employees to Receive 2019 Profit Sharing Payments

February 6, 2020 Based on the Company’s 2019 financial performance, FCA US LLC announced today that the eligible profit sharing amount of $7,280 will be paid to UAW-represented employees on March 13, 2020. Approximately 44,000 employees are eligible to receive the payment.

MCAN Receives $50,000 Grant From FCA Foundation

February 4, 2020 The Michigan College Access Network (MCAN) has received a $50,000 grant from the FCA Foundation that will enhance programs and activities to help Michiganders, particularly low-income students, first-generation college-going students and students of color, pursue college and postsecondary degrees and credentials. 

FCA Foundation Renews Support for Jackson Street Commons

February 3, 2020 Family Service Association of Howard County Inc. (FSA) announced that it has received a second $50,000 grant for Jackson Street Commons, a permanent, supportive housing program for chronically homeless veterans in Howard and Tipton counties. 

FCA Launches Dealer Diversity Website

January 15, 2020 FCA has launched a new Dealer Diversity site designed to support and expand the number of dealerships owned and operated by minorities and women. The goal of the www.MinorityDealers.com website is to increase awareness of FCA Dealer Network Diversity initiatives, attract qualified minority dealer candidates and launch FCA’s Women Dealers Retail Focus.

FCA Appoints Sproule as Chief Communications Officer

January 7, 2020 Fiat Chrysler Automobiles N.V. (FCA) today announced Simon Sproule as its Chief Communications Officer. In addition, Sproule was named Head of North America Communications. The appointment is effective February 3, 2020.

FCA Joins Plug and Play and MMSDC Partnership Creating Mobility Innovation Hub in Detroit

January 2, 2020 FCA today announced that it will join a partnership formed between Plug and Play, the largest global innovation platform for startups and corporations, and the Michigan Minority Supplier Development Council (MMSDC) to bring a new innovation hub to Detroit by June 2020.

FCA Reaches Agreement to Sell Teksid Cast Iron Components Business to Tupy

December 19, 2019 Fiat Chrysler Automobiles N.V. (MTA: FCA / NYSE: FCAU, “FCA”) today announced that it has entered into an agreement with Tupy S.A. for the sale of FCA’s global cast iron automotive components business, which is operated through FCA’s subsidiary Teksid S.p.A. (“Teksid”).

Groupe PSA and FCA agree to merge: New entity will have the leadership, resources and scale to be at the forefront of a new era of sustainable mobility

December 17, 2019 Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) and Peugeot S.A. (“Groupe PSA”) have today signed a binding Combination Agreement providing for a 50/50 merger of their businesses to create the 4th largest global automotive OEM by volume and 3rd largest by revenue. The proposed combination will be an industry leader with the management, capabilities, resources and scale to successfully capitalize on the opportunities presented by the new era in sustainable mobility.

FCA Aims to Keep Dreams of Homeownership Alive: Funds $1.8 Million Home Repair Grant Program for Detroit’s Eastsiders

December 17, 2019 FCA has completed the transfer of $900,000 to the City of Detroit’s Housing & Revitalization Department (HRD) — the first tranche of a $1.8 million commitment — to fund a home repair grant program for homeowners on the City’s east side. The program, one component of the Community Benefits Agreement FCA signed in May, provides eligible homeowners living near FCA’s new assembly plant on Mack Avenue with grants of up to $15,000 per property to invest in home repairs.

Christmas Tree Atop New FCA Plant Marks More Than Just the Holidays

December 13, 2019 FCA today raised a Christmas tree to “top off” the new paint shop being built as part of a $1.6 billion investment to construct a new assembly plant on Detroit’s eastside. While most recognize the evergreen tree as a classic symbol of the holiday season, for the ironworkers who spent the past four months assembling 6,500 tons of structural steel, it means something very different.

FCA’s New Global Product Development Organization Will Unleash Speed-to-Market and Technological Innovation

December 12, 2019 FCA is leveraging its technological, engineering and management talent by establishing a streamlined product development organization with central leadership and a global footprint.

FCA Joins ‘Responsible Sourcing Blockchain Network’ to Help Build a More Ethical Electric Vehicle Supply Chain

December 10, 2019 FCA today announced that it has joined the Responsible Sourcing Blockchain Network (RSBN), an industry collaboration using blockchain technology to support sustainable, responsible sourcing and production practices from mine to market. 

FCA: General Motors’ Lawsuit Without Merit

November 20, 2019 Fiat Chrysler Automobiles (“FCA” NYSE: FCAU /MTA: FCA) confirms that it will defend itself vigorously against the lawsuit filed yesterday by General Motors. FCA believes General Motors’ claims are nothing more than a meritless attempt to divert attention from that company’s own challenges. This astonishing ploy comes at a time when FCA is proving itself to be an ever more formidable competitor that continues to create significant value for all its stakeholders through the successful implementation of its long-term strategy. This includes the proposed merger with PSA, which itself completed the successful turnaround of the European businesses it acquired not long ago from General Motors. FCA will deal with this extraordinary attempt at distraction through the appropriate channels and will stay focused on continuing to deliver record results while realizing an exciting vision for the future of the industry. FCA is confident that it will prevail in defending itself against these claims in court and will also pursue all available remedies in response to this groundless lawsuit.

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