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Sergio Marchionne: Jeep can become legitimate top-tier brand in China, no plans to localize Alfa Romeo and Maserati production

BALOCCO, Italy – Sergio Marchionne believes Jeep can become a legitimate top-tier brand in China but there is no plans to localize production of Alfa Romeo and Maserati brands in the country. The outspoken and outgoing CEO of Fiat Chrysler Automobiles NV made the comments while responding to financial analysts and

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Brazil is a tough nut for Chinese carmakers

Chinese auto brands have suffered sales declines in Brazil for three straight years due to the country’s economic recession and fierce competition. Chinese automakers entered Brazil five years ago and enjoyed booming sales during the first two years. However, the ongoing economic recession has made it difficult for Chinese brands to

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Jack Cheng: Environment, health and safety to reshape industry

Environment, health and safety are three key issues in improving the auto industry, according to Jack Cheng, president of Magneti Marelli China and vice president of Fiat Chrysler Automobiles (FCA) APAC. “Automobiles impact the environment the most with exhaust gas taking up 20-30 percent of environment pollution,” said Cheng. Traffic

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Jack Cheng: battery technology to see breakthrough in 2-3 years

China is getting more demanding in terms of market order and supervision, said Jack Cheng, vice president of Fiat Chrysler Automobiles APAC. According to Cheng, environmental protection, health and safety are determining the future development of the market. Technologies of battery, electronic control and driveline of electric vehicle are becoming

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CCI fines car makers $420 million for anti-competitive practices

  By Aditi Shah NEW DELHI ( Reuters) - The Competition Commission of India (CCI) has fined more than a dozen global and local carmakers a total of 25.5 billion rupees ($420 million) after a probe found they had engaged in anti-competitive practices in the world's sixth largest auto market.

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