Showing posts with label Fiat. Show all posts
Showing posts with label Fiat. Show all posts

Sunday, October 30, 2011

Marchionne seeks closer Chrysler, Fiat

Three months after he merged the executive teams of Fiat SpA and Chrysler Group LLC, CEO Sergio Marchionne says he wants even closer integration of the two companies.Marchionne seeks closer Chrysler, Fiat

Friday, July 29, 2011

Fiat’s New Management Structure Will Bring Chrysler Into Fold

DETROIT — Fiat unveiled a new management structure on Thursday, taking a major step toward bringing Chrysler into its fold, a week after acquiring majority control of the once-bankrupt carmaker....More

Thursday, July 14, 2011

Chrysler, Fiat to adopt one management team soon, Marchionne says

Fiat and Chrysler will have a single management structure soon, Sergio Marchionne, chief executive officer of both companies, said today as he takes another step toward merging the two automakers.Chrysler, Fiat to adopt one management team soon, Marchionne says

Wednesday, June 15, 2011

Fiat won't risk rating downgrade to buy Chrysler stake, Marchionne says

Fiat CEO Sergio Marchionne said the Italian automaker won't risk a credit-rating downgrade to gain full ownership of Chrysler and he isn't in talks to acquire the UAW retiree health-care trust fund's stake in the U.S. automaker.Fiat won't risk rating downgrade to buy Chrysler stake, Marchionne says

Tuesday, June 14, 2011

Fiat Not Interested In Opel - CEO


GAVI, Italy (Dow Jones)--The head of Fiat SpA (F.MI) Tuesday said he wasn't interested in buying General Motors Co.'s (GM) Opel unit, despite reports about the U.S. car maker being open to the idea of selling it.
After giving up trying to take over Opel a few years ago, the Italian automaker has been focusing attention on merging with its U.S. partner, Chrysler Group LLC, but Fiat Chief Executive Sergio Marchionne expressed to reporters reluctance at taking over the stake held by the last major shareholder, the union's trust fund VEBA....More

Friday, June 3, 2011

Fiat reaches deal to buy Treasury's Chrysler stake for $560M

Italian automaker Fiat SpA agreed late Thursday to acquire the U.S. Treasury's stake in Chrysler Group LLC for $560 million, ending the Obama administration's involvement with the Auburn Hills automaker.Fiat reaches deal to buy Treasury's Chrysler stake for $560M

Sunday, May 29, 2011

Fiat to acquire last U.S.-held Chrysler shares

Chrysler News-Fiat SpA on Friday notified the U.S. Treasury it wants to buy the government's remaining stake in partner Chrysler Group LLC.Fiat to acquire last U.S.-held Chrysler shares

Thursday, May 19, 2011

Fiat plans to expand use of Europe's only two-cylinder engine

Fiat plans to expand the number of vehicles fitted with its TwinAir gasoline powerplant, Europe's only two-cylinder engine, and intends to boost production of the unit.Fiat plans to expand use of Europe's only two-cylinder engine

Monday, April 18, 2011

Fiat takes Alfa Romeo for a U.S. test drive

Chrysler-Fiat CEO Sergio Marchionne's vision is to remake Alfa Romeo into a true luxury brand, like BMW, with a lineup of models ranging from high-end compacts to sport-utility vehicles to sports cars.Fiat takes Alfa Romeo for a U.S. test drive

Saturday, April 16, 2011

Fiat to pay $1.5 billion for 16% of Chrysler, sources say

Fiat is looking to pay about $1.5 billion for an additional 16 percent in Chrysler, which it hopes to purchase in the coming months, three sources familiar with the matter said. Italy's biggest industrial group is also working to raise 1.Fiat to pay $1.5 billion for 16% of Chrysler, sources say

Thursday, April 14, 2011

Fiat may raise Chrysler stake to 46% by June, sources say

Fiat could raise its stake in Chrysler to 46 percent by June, sources said. Fiat-Chrysler CEO Sergio Marchionne wants Fiat to have a majority stake in the U.S. group by the end of 2011.Fiat may raise Chrysler stake to 46% by June, sources say

Wednesday, March 30, 2011

Fiat to up its Chrysler stake to 35 per cent

Turin, Italy - Fiat intends to increase by 10 per cent its current 25 per cent controlling interest in US carmaker Chrysler, the chief executive of both companies, Sergio Marchionne, said Wednesday.
'We will soon bring our stake in Chrysler to 35 per cent, Marchionne said during a Fiat shareholders' meeting at the Italian company's Turin headquarters, indicating the move would happen soon....More

Monday, March 14, 2011

Cars built in metro Detroit to fill key roles for Fiat brands in Europe

These vehicles represent the first steps toward integrating Chrysler and Fiat -- giving Chrysler, which has long been weak in Europe, its best chance in decades to become a legitimate international automaker. Chrysler CEO Sergio Marchionne has said that it makes sense to combine the two into one automaker...More

Friday, February 25, 2011

Fiat, Gucci Collaborate on Special Edition of Fiat 500

Iconic Italian brands Fiat and Gucci have collaborated on a special edition of the Fiat 500, dubbed 500 by Gucci. Available in black or white, the vehicle sports distinctive Gucci style features including the interlocking GG logo and signature stripes.Fiat, Gucci Collaborate on Special Edition of Fiat 500

Sunday, February 13, 2011

Fiat, GM to control Italian engine maker VM after Penske sells stake

Fiat's Powertrain unit has bought 50 percent of Italy-based diesel engine manufacturer VM Motori from U.S. group Penske Corp., thereby adding a newly developed V-6 engine to its portfolio.more

Monday, January 10, 2011

Fiat News|Fiat raises Chrysler stake, readies for IPO

Fiat lifted its stake in Chrysler to 25 percent today as CEO Sergio Marchionne prepares for an upcoming round of meetings with bankers to refinance Chrysler's debt and to ...Read more: 

Monday, January 3, 2011

Fiat may increase Chrysler stake to 51% before IPO

Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before a planned initial public offering by the U.S. carmaker this year....More

Tuesday, December 7, 2010

Fiat turns to natural gas as Toyota, GM go electric


As Sergio Marchionne brings back Fiat SpA to the U.S. after nearly three decades, he may add another Italian speciality: the natural gas engine....More

Tuesday, November 30, 2010

Fiat seeks inspiration from the past to give its auto unit a new identity


Fiat Group today unveiled new logos that will identify the Italian conglomerate's automotive and industrial companies after the operations are separated in a Jan. 1 demerger. The new logo for Fiat S.p.A...More

Fiat agrees to supply vehicles to Opel


Milan — Fiat Group Automobiles SpA has agreed to supply the German automaker Adam Opel GmbH with at least 250,000 commercial vehicles beginning next year....More