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Categories: Compliance, Industry
GM Accuses FCA of Bribery, Corruption in RICO Suit

General Motors has sued Fiat Chrysler in federal court, alleging FCA bribed United Auto Workers officials to secure concessions that included an undue share...

http://www.providers-administrators.com/359551/gm-accuses-fca-of-bribery-corruption-in-rico-suit
Categories: Dealer Ops, Industry, Showroom
Bloomberg: FCA Banking Unordered Vehicles, Pressuring Dealers

A Bloomberg report accuses Fiat Chrysler of creating a ‘sales bank’ of up to 40,000 new vehicles, reviving an old practice that could stoke tension among...

http://www.providers-administrators.com/359486/bloomberg-fca-banking-unordered-vehicles-pressuring-dealers
Categories: Auto Finance, Dealer Ops, Industry
Average New Vehicle Prices Up Nearly 3% in October

Kelley Blue Book analysts say the average new vehicle transaction climbed to $38,259 in October, a slight decline from the prior month but 2.9% higher than...

http://www.providers-administrators.com/359332/average-new-vehicle-prices-up-nearly-3-in-october
Categories: Dealer Ops, Industry, Showroom
FCA, PSA Reach Tentative Merger Deal

Fiat Chrysler and PSA Group have agreed to join forces to create the world’s No. 4 automaker in a $48 billion deal designed to save the factories billions...

http://www.providers-administrators.com/359317/fca-psa-reach-tentative-merger-deal
Categories: Dealer Ops, Industry, Showroom
Report: FCA and PSA in Merger Talks

Bloomberg reports Fiat Chrysler and PSA Group, which includes the Peugeot, Opel, and Citroen brands, could announce a merger as soon as this week, a deal...

http://www.providers-administrators.com/359277/report-fca-and-psa-in-merger-talks
Categories: Dealer Ops, Industry, Showroom
Fiat Deletes 500 From North American Lineup

2019 marks the last model-year for the Fiat 500, 500e, and 500 Abarth in the U.S. and Canada, ending a 10-year production run and leaving the 500X CUV,...

http://www.providers-administrators.com/358091/fiat-deletes-500-from-north-american-lineup
Categories: Dealer Ops, Industry, Showroom
SAAR Dips to 16.6M in Watershed Sales Report

July deliveries increased 1.3% in the first monthly U.S. new-vehicle sales report to include none of the Detroit 3 automakers, but the seasonally adjusted...

http://www.providers-administrators.com/357726/saar-dips-to-16-6m-in-watershed-sales-report
Categories: Auto Finance, Dealer Ops, Industry
New-Car Prices Up 3.1% in June

Kelley Blue Book analysts report average transaction prices for U.S. new-vehicle sales increased by 3.1% on a year-over-year basis in June but declined...

http://www.providers-administrators.com/357398/new-car-prices-up-3-1-in-june
Categories: Auto Finance, Dealer Ops, Industry
Industry Leader Lee Iacocca Dead at 94

Famed auto executive and visionary Lee Iacocca has died, leaving a legacy of leadership, ingenuity, and a no-nonsense approach to the design, sale, and...

http://www.providers-administrators.com/357400/industry-leader-lee-iacocca-dead-at-94
Categories: Dealer Ops, Industry, Showroom
FCA Blames French State for Failed Renault Merger

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A...

http://www.providers-administrators.com/357072/fca-blames-french-state-for-failed-renault-merger


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