Fiat CEO Sergio Marchionne is heading for a showdown with powerful industrial lobbies in Italy as he pushes for more flexible work practices that could lead to a broader shakeup of rules in the Italian car industry.
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Turkish Fiat importer/assembler Tofas has booked a higher quarterly profit on a recovery in domestic demand, although profits lagged forecasts, with one analyst citing higher than expected expenses.
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Tata Motors Group global sales, - Tata, Tata Daewoo and Hispano Carrocera commercial vehicles, Tata passenger vehicles, brands including Fiat distributed in India, and Jaguar and Land Rover, rose 36% year on year to 90,646 units in July 2010, the company said on Monday. Cumulative sales for the fiscal year to date (April 2010 - July 2010) rose 46% to 339,824.
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Chrysler has invited roughly 600 dealers to Detroit to hear the company's plans for relaunching the Fiat brand in North America. Chrysler plans to grant about 200 Fiat franchises across 119 U.S. markets.
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Tata Motors is considering selling more Fiat brand vehicles in India alongside its Tata, Jaguar and Land Rover marques.
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India's Tata Motors, bolstered by a turnaround at its luxury Jaguar and Land Rover brands and a surge in demand at home, is looking to expand its commercial vehicles business with help from Fiat, its CEO said on Thursday.
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Chrysler Group has invited roughly 600 dealers in 119 U.S. markets to apply for franchises to sell Fiat cars.
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Ironically, having created the minivan segment here in Brazil by launching the Scenic - and a new factory to make it - in 1998, Renault is now pulling out, leaving its share to alliance partner Nissan's Livina and the Grand Livina. This was expected, though: the three vehicles shared the same assembly plant and the segment has now shrunk to 6% of total sales.
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Russian Technologies is to set up a joint venture with Fiat Group's Iveco truck division to supply LMV M65 light multi-purpose military vehicles for the Russian military, according to Russian media.
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Fashion brand DIESEL introduces its take on the 500C.
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Fiat decided to build the Chrysler Sebring successor in the U.S. instead of Italy because of difficulties to boost productivity in Italy, the Corriere della Sera reported.
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Auto Express revealed that the Fiat-owned tuning company will prepare a limited-edition, mid-engined two-seater for 2013. Abarth will take an X-Bow's rolling carbon fibre monocoque platform, install a new 1.8-litre version of Fiat's award-winning MultiAir turbocharged petrol engine, which produces more than 200 hp, and drop it in a unique stylish bodyshell that refers to the Abarth's links with Fiat.
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Chrysler Group adopted Fiat S.p.A.'s production system just one year ago, but it has already generated a measurable improvement in manufacturing efficiency.
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Italy's new car sales fell 25.97 percent year-on-year in July, and Fiat's market share slipped below its target at 29.09 percent.
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Some non-Chrysler Group dealers may receive franchises to sell Fiats, according to Sergio Marchionne, CEO of Fiat and Chrysler. Fiat franchisees could also get the Alfa Romeo franchise, which will return to the United States in 2012.
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Matt black only Fiat 500 available to buy through Fiat’s website.
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An Italian union said on Friday it would use legal means to try to block Fiat from hiring workers under new rules at its plant at southern Italy.
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Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn't plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.
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Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn't plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.
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