The UAW remains engaged in talks to persuade Fiat S.p.A. to reverse plans to shutter Chrysler plants scrapped in the U.S. automaker's bankruptcy, a union executive said Friday.
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Magna favors Herbert Demel, one its top executives and former CEO of Fiat and Audi, to head Opel, Germany's WirtschaftsWoche said.
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The UAW remains engaged in talks to persuade Fiat S.p.A. to reverse plans to shutter Chrysler plants scrapped in the U.S. automaker's bankruptcy, a union executive said today.
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New Chrysler Group products expected to be announced next week will see the eventual launch of Fiat models and the axing of Dodge and Chrysler models, a media report said.
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Tofas, a joint venture between Fiat and Turkish group Koc, reported an eight-fold rise in its third quarter net income on Monday after tax incentives boosted sales. Profit was 126.
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Tofas, a joint venture between Fiat and Turkish group Koc, reported an eight-fold rise in its third quarter net income on Monday after tax incentives boosted sales. Profit was 126.
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Fiat has returned to profit in its third quarter, despite a fall in sales, and predicted an improvement in business for the rest of the year. However, the reversal in its fortunes was not enough to keep it out of the red for the full nine-month period.
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Fiat S.p.A. will produce up to 50,000 cars a year at a recently acquired former Carrozzeria Bertone plant in Italy, a trade union source said on Thursday.
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A top government official has said Serbia wants to copy Slovakia by attracting European investment in its car industry, building on Fiat's plans.
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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control.
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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control.
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Fiat S.p.A. said it expected to boost trading profit 50 percent to 1.5 billion euros in 2010 from this year's target if Italy continued subsidies to buy cars, but still planned to stick to its tough cost control.
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Fiat S.p.A. said it might write off some past investments as it turned in a better-than-expected trading profit for the third quarter and confirmed year targets.
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Fiat S.p.A. said it might write off some past investments as it turned in a better-than-expected trading profit for the third quarter and confirmed year targets.
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Fiat is expected to report car sales in western Europe of 106,1000 for September up 14.8% year on year, according to IHS Global Insight director Pierluigi Bellini.
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She's one of the best known faces in television drama, so there was no mistaking when Angela Griffin called into Fiat's flagship dealer, Fiat Marylebone, to collect her new car.
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She's one of the best known faces in television drama, so there was no mistaking when Angela Griffin called into Fiat's flagship dealer, Fiat Marylebone, to collect her new car.
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Firey Fiats fly out of dealerships
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An Italian government minister has explicitly linked the extension of Italian government incentives for the auto industry to increased production for Fiat.
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Fiat on Thursday completed its purchase of the Bertone site near its head office but unionised workers there remain apprehensive about the Italian group's plans for them.
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