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Feb
23rd

Marchionne’s Fiat compensation fell 27% last year

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Fiat SpA Chief Executive Officer Sergio Marchionne received $4.77 million (3.47 million euros) in total pay last year, according to the automaker's annual report released today.
Feb
23rd

Can Fiat-Chrysler reach its tough targets?

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With plans to sell more than 4 million units this year, up from 3.6 million in 2010, the Fiat-Chrysler alliance appears on track to reach his 2014 goal of combined sales of 6 million units.
Feb
22nd

ITALY: New automakers could be on Termini Imerese site by next year

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A government agency closely linked to last week's announcement of future plans for Fiat's Sicilian operations, says car producers could be operating on site as early as next year.
Feb
18th

Viva Italia: 2012 Fiat 500

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Viva Italia: 2012 Fiat 500
2012 Fiat 500 Review - Viva Italia - Automobile Magazine
Little (Itty Bitty) Italy: A flavor we didn't know we were missing.

Growing up as an Italian American in New York puts a lot of pressure on a kid. You're not allowed to say mozzarella unless you pronounce it mutsa-dell. Your mother sequesters herself in the kitchen all Sunday morning making meatballs and "gravy" for the two o'clock family dinner, presumably scheduled to perpetuate the rumor that your household has remained faithful to Italy's time zone. God forbid you don't make the sign of the cross when you drive past a church -- even if you never actually enter such a building. And removing the stereotypical red horn pendant hanging from your car's rearview mirror? Fuhgedaboudit.


Photo Gallery: 2012 Fiat 500 Review - Viva Italia - Automobile Magazine


Feb
18th

RUSSIA: Ford Sollers JV MoU inked after Fiat exit

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Ford's Russian joint venture announced today (18 February) with Sollers came on the same day as Fiat ended negotiations with the company.
Feb
18th

Ford plans Russia joint venture with Fiat partner Sollers

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Ford plans to form a joint venture with Sollers, Russia's second-biggest automaker, for the production and distribution of Ford vehicles in Russia. Full story...
Feb
18th

Ford plans Russia joint venture with Fiat partner Sollers

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Ford plans to form a joint venture with Sollers, Russia's second-biggest automaker, for the production and distribution of Ford vehicles in Russia. Full story...
Feb
17th

COMMENT: De Tomaso to thrash out Sicily detail now

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A great fanfare from Rome yesterday saw some fairly typical hyperbole from the politicians as the Italian Economics Ministry blew its own trumpet at inking of a deal for Fiat's Sicilian Termini Imerese plant. Full story...
Feb
17th

ITALY: De Tomaso to build new models in Fiat’s Sicily plant

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One of the successful bidders for part of Fiat's Sicilian Termini Imerese plant is aiming for initial production of between 35,000 and 40,000 vehicles per year and a doubling of its existing workforce. Full story...
Feb
16th

First Look: 2012 Fiat Freemont

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First Look: 2012 Fiat Freemont
2012 Fiat Freemont - 2011 Geneva Motor Show - Automobile Magazine
The Fiat Freemont -- essentially a rebadged Dodge Journey -- appears to be the first example of Chrysler products repurposed for Fiat's European lineup.

Product sharing is a two-way street -- and while we've seen a number of Fiat platforms, engines, and vehicles trickle their way into Chrysler's North American portfolio, we've yet to see the inverse. The Fiat Freemont -- essentially a rebadged Dodge Journey -- appears to be the first example of Chrysler products repurposed for Fiat's European lineup.


Photo Gallery: 2012 Fiat Freemont - 2011 Geneva Motor Show - Automobile Magazine


Feb
16th

ITALY: Rome inks Termini Imerese deal

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Seven companies are to take over Fiat's Termini Imerese plant with the help of a EUR450m (US$606m) deal from the Italian and Sicilian governments that could provide up to 3,300 jobs. Full story...
Feb
16th

Ferrari’s Montezemolo: a race into Italian politics?

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Will Luca Cordero di Montezemolo, Ferrari's boss and former Fiat chairman make a pit stop to get into politics? Montezemolo looks younger than his 63 years, sports a Bobby Kennedy-esque mane of hair, and often sounds like a politician-in-waiting. Full story...
Feb
16th

COMMENT: Marchionne ditches pullovers for Parliament

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Sergio Marchionne seems to have taken up residence in Rome this week in a hectic few days that has seen the Fiat CEO hold discussions with the most senior Italian politicians as well as appear before a Parliamentary hearing. Full story...
Feb
16th

ITALY: Fiat seeks union commitment to Bertone restart

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Fiat has outlined its plans to relaunch its Officine Automobilistiche Grugliasco, formerly Corrozzeria Bertone, operation to trade unions. Full story...
Feb
16th

Fiat, Toyota, Ford hit hard by Europe sales drop in January

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Fiat, Toyota and Ford were hit hard by a 10th straight monthly decline in European car sales as consumers cut spending following the end of government incentives. Registrations in the region fell 1.1 percent to 1.07 million vehicles in January. Full story...
Feb
15th

ITALY: Fiat’s ‘heart in Italy’ but keeps options open

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Fiat CEO Sergio Marchionne has appeared before Italy's Production and Transportation Committee today (15 February) as the storm surrounding any potential move out of Italy continues to swirl. Full story...
Feb
15th

ITALY: Fiat union waits for Termini Imerese detail

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Fiat union FIOM says it will "suspend judgement" concerning a planned takeover of Fiat's Termini Imerese plant by seven different companies as the automaker looks to exit its Sicilian operation Full story...
Feb
15th

Marchionne: No need for Fiat-Chrysler merger before 2014

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Sergio Marchionne, CEO of Fiat and Chrysler, said today he doesn't foresee 'any necessity' of a merger between the two automakers before 2014. Full story...
Feb
15th

Fiat to begin Bertone plant talks

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Fiat will begin talks to relaunch production at a former Bertone plant, the automaker's CEO Sergio Marchionne said. Fiat bought Carrozzeria Bertone S.p.A., the production arm of Italy's Bertone in 2009. Full story...
Feb
15th

Marchionne says Chrysler alliance is crucial

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Fiat CEO Sergio Marchionne said the alliance with Chrysler was crucial for the group's future and reiterated he aimed to keep a strong presence in Italy under a plan to boost productivity. Full story...
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