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Some of Fiat Chrysler's U.S. dealers have begun receiving subpoenas to provide documents and or testimony to a federal grand jury in Detroit as part of a probe into the company's sales reporting practices.
Tesla CEO Elon Musk said the company's Model 3 could generate $20 billion in revenue per year and an annual gross profit of about $5 billion.
Fiat Chrysler will invest $1.48 billion to convert its Sterling Heights Assembly plant in suburban Detroit from unibody to body-on-frame construction to build the next-generation Ram 1500 pickup.
Fiat Chrysler is changing the way it reports monthly U.S. sales to make the process more transparent, and as a result of the change, said its 75-month sales streak actually ended at 41 months, in September 2013.