Sergio Marchionne, chief executive of Fiat Chrysler, laid out his final strategic plan on Friday, with a focus on sport utility vehicles and a $10.5 billion investment plan for electric and hybrid cars.
Waymo, the Alphabet-owned autonomous car company announced Thursday that it is significantly ramping up its partnership with Fiat Chrysler, and over time will add up to 62,000 Pacifica Hybrid minivans to its fleet.
On Monday, Fiat Chrysler and Cummins Inc. were hit with an amended class-action lawsuit stating the companies colluded to develop and conceal no less than two emissions-cheating defeat devices used in pickups.
FCA is in advanced settlement talks with the U.S. Department and California Resources Board, regarding accusations that the company illegally used software that led to excess emissions in thousands of vehicles.
FCA reiterated that the need for repairing the recalled airbags is urgent, due to the fact that, if the Takata air bags explode, they could spray metal fragments into a vehicle, causing serious injury and even death.