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Fiat News

Fiat becomes Fiat Chrysler Autos and leaves Italy

Rome - There is no more Fiat or Chrysler just FCA or Fiat Chrysler Autos with world headquarters in Auburn Hills MIchigan USA after the Chrysler merger with Fiat. 80 per cent of Fiat board members voted for the merger on Friday ( August 1).

Fiat Chrysler plans seven new Alfa models by 2018: magazine

Fiat Chrysler Automobiles (FCA) <FIA.MI> will unveil seven new Alfa Romeo models and push to increase sales of the sports car brand fivefold, Germany's Auto Bild magazine reported on Friday.

Fiat CEO's pay drops to $5 million in 2013

Italian automaker Fiat <FIA.MI> paid Chief Executive Sergio Marchionne 3.6 million euros ($5 million) in cash last year, including a bonus and incentives, down from 4.5 million euros in 2012, the group's compensation report show...

Italy-made Jeep true test of Fiat-Chrysler's global ambitions

The Jeep Renegade, which debuted at the Geneva auto show on Tuesday, will be the first true test of the recent marriage between Italian carmaker Fiat and its U.S.

Fiat's access to Chrysler funds curbed by dividend cap, debt covenants

Indebted Italian carmaker Fiat <FIA.MI> said on Monday that its access to the cash of U.S. subsidiary Chrysler, which it took full control of last month, was limited by a cap on dividends from the unit and its debt covenants.

Fiat seeks to turn financing unit into a bank: source

Fiat <FIA.MI>, which has agreed to take full control of U.S.

Chrysler recalls 8,000 vans with acceleration problem

New York - US automaker Chrysler is recalling about 8,000 large vans due to a problem with the acceleration pedal that can limit driver control and increase the chance of an accident.Chrysler, now part of Italian car giant Fiat Chrysler Automobiles, said the reca...

Fiat omits dividend as profits disappoint

Milan - Italian car giant Fiat announced on Wednesday it was changing its name after completing the purchase of US automaker Chrysler to "Fiat Chrysler Automobiles", but posted disappointing 2013 results.

'Fiat-Chrysler to seek US stock listing, British base'

New York - The newly combined Fiat-Chrysler automaker will seek a fiscal domicile in Britain and a stock listing on a New York exchange, The Wall Street Journal reported Saturday.

Italian automaker Fiat says purchase of Chrysler complete

Milan - Italy's Fiat said on Tuesday it had completed the purchase of US automaker Chrysler in a $4.35-billion (3.21 billion euros) transaction after a five-year merger that creates a new global car giant.

Hero's welcome for Marchionne -- savior of Fiat and Chrysler

Detroit - Brash Fiat chief Sergio Marchionne was welcomed as a hero at the Detroit Auto Show this week after completing the takeover of US automaker Chrysler.On January 1, Marchionne sealed the deal to buy the 41.

Marchionne will stay at Fiat/Chrysler until at least 2017

Detroit - Sergio Marchionne will remain as the chief executive of Fiat and its US subsidiary Chrysler until at least 2017, Fiat chairman John Elkann said Monday.

Italian car-maker Fiat to acquire rest of Chrysler

Turin - Italian automaker Fiat announced Wednesday it will acquire the remaining shares in Chrysler Group LLC not already owned by the Italian car giant.

Fiat to close for 8 days, savings up to $1.25 million a day

Mirafiori - Italian carmaker Fiat plans to shut down operations this summer for eight days in an attempt to save money. As a result, the company's 5,400 employees at its Mirafiori, Italy headquarters will see some unexpected time off work.

Wireless system makes it easy to charge electronics on the go

Auburn Hills - No more dangling power cords connected to outlets in a vehicle’s centre console as Chrysler announces wireless charging system coming later this year.

Fiat moving to buy out government stake in Chrysler

Fiat, the Italian partner of Big Three automaker Chrysler, is attempting to edge out the Canadian and American governments with buy out offers valued at a total of $700 million for their combined 7.7 per cent stake.

Chrysler rumored to merge with Lancia

In an interview with Britain's autocar.co.uk, Fiat CEO Sergio Marchionne, who is also the current CEO of Chrysler, said Chrysler and Lancia could blend together by the end of 2010.

Auto contracts, cultural events among 8 new Chinese-Italian deals

As part of the G8 outreach session, Chinese President Hu Jintao flew to Italy to sign eight deals, covering a wide range of business, including purchase, cooperation and culture exchange.

Chrysler, Fiat sign strategic alliance

Chrysler and Italian automaker Fiat have officially signed a strategic alliance that was brokered by the U.S. government.

Supreme Court Won't Hear Teachers' Case Against Chrysler

The U.S. Supreme Court refused to hear a case involving Indiana teachers and police officers against automaker Chrysler Group.

Fiat ups its offer to buy the GM brand Opel

Italian company Fiat has made an increased offer to purchase the General Motor's owned Opel brand. It has also made a bid for the Vauxhall name in the United Kingdom.

Fiat, with GM breathing down its neck, hopes for turnaround

TURIN (dpa) - Polished and brightly gleaming, the Lancia car models "Thesis" and "Phedra" hold out promise. Outfitted with the latest electronic gadetry, the luxury cars are to be the "new admiral's fleet" for Lancia, the subsidiary of the debt-r...

Italy's Elder Statesman Agnelli Has No Heir To His Empire

ROME (dpa) - Silvio Berlusconi, media mogul and candidate for the office of prime minister, has never hidden his admiration for Gianni Agnelli. "One should go down on one's knees in his presence," he once said of Fiat's honorary chairman.According to H...

Turin Remains The Car Styling Capital Of The World

Turin (dpa) - The heart of the motoring world may beat in Detroit, Tokyo, Wolfsburg or Stuttgart but when it comes to design the Italian city of Turin is streets ahead. There are more car designers here than anywhere else on the globe and above all...
 

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Italian automaker Fiat will now possess a majority of shares in its Big Three partner.
Italian automaker Fiat will now possess a majority of shares in its Big Three partner.
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