Fiat Automobiles

FCA announces voting results from its Annual General Meeting

Retrieved on: 
Friday, June 26, 2020

Fiat Chrysler Automobiles N.V. (FCA or the Company) (NYSE: FCAU / MTA: FCA) announced today that all resolutions proposed to shareholders at the Companys Annual General Meeting of Shareholders (AGM) held today in Amsterdam, the Netherlands, were passed.

Key Points: 
  • Fiat Chrysler Automobiles N.V. (FCA or the Company) (NYSE: FCAU / MTA: FCA) announced today that all resolutions proposed to shareholders at the Companys Annual General Meeting of Shareholders (AGM) held today in Amsterdam, the Netherlands, were passed.
  • The AGM advised positively in relation to the 2019 Remuneration Report and adopted the 2019 Annual Accounts.
  • The AGM re-elected all FCA directors standing for re-election.
  • Finally, the AGM approved the proposed amendments of the Companys Remuneration Policy and of the special voting shares terms and conditions.

KuCoin P2P Fiat Market Supports Buying Crypto With USD Via PayPal

Retrieved on: 
Wednesday, June 24, 2020

This is another mainstream fiat currency supported by the KuCoin P2P Fiat Market after the opening of Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND) and Canadian Dollar (CAD).

Key Points: 
  • This is another mainstream fiat currency supported by the KuCoin P2P Fiat Market after the opening of Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND) and Canadian Dollar (CAD).
  • Now that the KuCoin P2P Fiat Market supports USD, it will be easier for more people around the world to buy cryptocurrency, further promoting the mass adoption of blockchain and cryptocurrencies.
  • Now, our P2P Fiat Market supports Chinese Yuan (CNY), Indonesian Rupiah (IDR), Vietnamese Dong (VND), Canadian Dollar (CAD), and US Dollar (USD), the 5 mainstream fiat currencies.
  • In addition, to celebrate the first anniversary of the P2P Fiat Market being made available on the platform, KuCoin will launch a series of campaigns to promote the addition of US Dollars (USD) to the P2P Fiat Market.

Comscore Research Shows Increased Consumer Interest in Online Vehicle Shopping and At-Home Delivery as Industry Continues to Recover

Retrieved on: 
Tuesday, June 23, 2020

"The question remains is there an appetite for online vehicle shopping and at-home delivery?"

Key Points: 
  • "The question remains is there an appetite for online vehicle shopping and at-home delivery?"
  • Early figures suggest there is some consumer interest in at least considering online purchase and home delivery options.
  • Looking at the General Motors and Fiat Chrysler groups, buy.gm.com and DriveFCA, respectively, both have initiatives aimed at online delivery options.
  • Visitation to Ford's online shopping domain, shop.ford.com, is another example of this emerging interest in fully digital vehicle shopping and delivery services.

Hagens Berman: Lawsuit Against Fiat Chrysler Spotlights Widespread Low Oil Pressure Defect

Retrieved on: 
Tuesday, May 19, 2020

Owners of Fiat Chrysler cars containing a dangerous low oil pressure defect have filed a class-action lawsuit against the automaker stating that it knowingly sold millions of the affected vehicles that can consume abnormally high amounts of oil and shut down unexpectedly during operation, according to attorneys at Hagens Berman.

Key Points: 
  • Owners of Fiat Chrysler cars containing a dangerous low oil pressure defect have filed a class-action lawsuit against the automaker stating that it knowingly sold millions of the affected vehicles that can consume abnormally high amounts of oil and shut down unexpectedly during operation, according to attorneys at Hagens Berman.
  • If you own a Chrysler, Dodge, Fiat or Jeep vehicle that has overconsumed oil, or spontaneously shut off when oil pressure is low, find out more about the lawsuit and your rights.
  • Attorneys say that Fiat Chrysler has been made aware of the low oil pressure defect plaguing owners of its vehicles.
  • Fiat Chrysler has known about this oil pressure defect affecting its various models, yet it continues to stand idly by, offering its customers little to no recourse.

FCA publishes agenda for the 2020 AGM

Retrieved on: 
Friday, May 15, 2020

Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) announced today that it has published the agenda and the explanatory notes for the 2020 Annual General Meeting of Shareholders (AGM), which will take place on June 26, 2020 in Amsterdam.

Key Points: 
  • Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) announced today that it has published the agenda and the explanatory notes for the 2020 Annual General Meeting of Shareholders (AGM), which will take place on June 26, 2020 in Amsterdam.
  • FCAs AGM notice and agenda and explanatory notes, other AGM materials and, in light of the continuing COVID-19 outbreak, instructions for voting and submitting questions in advance of the meeting and to follow the AGM remotely, are available on FCAs investor relations website at http://www.fcagroup.com , where they can be viewed and downloaded.1 Shareholders may request a hard copy of these materials, which include FCA's audited financial statements, free of charge, through the contact below.

Fiat 500 and Jeep® Wrangler Named Among 10 Best Cars for Recent College Graduates by Autotrader

Retrieved on: 
Tuesday, May 12, 2020

2012-2017 Fiat 500 earns praise for its ease to park, fun styling and affordability

Key Points: 
  • 2012-2017 Fiat 500 earns praise for its ease to park, fun styling and affordability
    Autotrader today announced that the Fiat 500 and Jeep Wrangler are among the 10 Best Cars for Recent College Graduates.
  • Keeping practicality and affordability in mind, the editors at Autotrader have identified the 10 Best Cars for Recent College Graduates in 2020 with the 2012- 2017 Fiat 500 and 2012- 2017 Jeep Wrangler making the cut.
  • According to Autotrader: "A Fiat 500 can be a great little city car for college grads with an eye for style.
  • Autotrader's editors on Jeep Wrangler making the list: "The Jeep Wrangler has a well-deserved reputation as an off-road icon.

FCA Dealers Embrace Online Retailing Experience

Retrieved on: 
Friday, May 1, 2020

More than one-third of FCA U.S. dealersnow using Online Retailing Experience (ORE) to sell vehicles

Key Points: 
  • More than one-third of FCA U.S. dealersnow using Online Retailing Experience (ORE) to sell vehicles
    More than 90 percentof U.S. dealer network has implemented web-based tools to sell cars and trucks
    More than one-third of FCA U.S. dealers and all of the Chrysler, Dodge, Jeep, FIAT and Alfa Romeo brand websitesare now givingconsumers the option to shop and purchase new vehicles in the comfort of their own homes through the Online Retailing Experience (ORE).
  • Kommor estimates about 20 percent of new sales leads now come from online retailing compared with about 1 percent a year earlier.
  • FCA developed ORE as a one-stop platform to help dealers handle the entire purchase process from trade-in to final signatures.
  • FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies.

Hagens Berman: Class-Action Lawsuit Says Fiat Chrysler Vehicle Defect Can Cause Engine Stall During Operation

Retrieved on: 
Thursday, April 30, 2020

29, 2020, in the U.S. District Court for the Eastern District of Michigan, Fiat Chrysler has been made aware of the low oil pressure defect plaguing owners of its vehicles.

Key Points: 
  • 29, 2020, in the U.S. District Court for the Eastern District of Michigan, Fiat Chrysler has been made aware of the low oil pressure defect plaguing owners of its vehicles.
  • FCA has expressly acknowledged in other unrelated safety recalls that an engine stall could cause a crash without prior warning, the lawsuit says.
  • If you own a Chrysler, Dodge, Fiat, Jeep or Ram vehicle that has overconsumed oil, or spontaneously shut off when oil pressure is low, find out more about the lawsuit and your rights.
  • This means drivers only become aware of a dangerously low engine oil level after it causes an engine stall or shut-down.

FCA announces drawdown of revolving credit facility

Retrieved on: 
Tuesday, April 21, 2020

Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) (FCA) announced today that, in light of the continuing uncertainty relating to the impacts of COVID-19, it has drawn down its 6.25 billion revolving credit facility originally signed in June 2015 and amended in March 2019.

Key Points: 
  • Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) (FCA) announced today that, in light of the continuing uncertainty relating to the impacts of COVID-19, it has drawn down its 6.25 billion revolving credit facility originally signed in June 2015 and amended in March 2019.
  • These funds add to 1.5 billion drawn down from other bilateral credit facilities of the Group.
  • Earlier this month FCA had announced the successful syndicationof a separate 3.5 billion credit facility entered into on 25 March 2020.
  • This credit facility remains undrawn.

FCA Reschedules AGM

Retrieved on: 
Friday, April 3, 2020

Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) (FCA) announced today that the Annual General Meeting of the Companys shareholders (AGM) scheduled for 16 April 2020 will be postponed to late June 2020, similarly to the corresponding measures adopted by several other manufacturers, in light of the continuing COVID-19 epidemic.

Key Points: 
  • Fiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) (FCA) announced today that the Annual General Meeting of the Companys shareholders (AGM) scheduled for 16 April 2020 will be postponed to late June 2020, similarly to the corresponding measures adopted by several other manufacturers, in light of the continuing COVID-19 epidemic.
  • This decision also results in the postponement of the resolution on the 2019 1.1 billion ordinary dividend communicated at the time of entering into the Combination Agreement with Peugeot S.A.
  • The new date for the AGM will be announced as soon as practicable.