A report that Fiat will cut 5,000 of the 22,000 assembly line jobs at its Italian car factories has been strongly denied by the automaker. But the company's own data shows that Fiat's manufacturing footprint in its home market is hugely oversized
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Fiat will cut 5,000 jobs in Italy as part of a new strategic plan that includes Chrysler building Fiat cars in North America for European markets. Chrysler will build 270,000 units a year for Fiat brand, Alfa Romeo and Lancia in factories in the U.S.
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Fiat will start to take over sales and service operations for the Chrysler, Jeep and Dodge brands in Europe next month as the two automotive groups step up the integration of their distribution activities.
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Chrysler is to develop and build a pure electric vehicle for the US starting in 2012 using the platform of the Fiat 500 shown at this year's Detroit motor show.
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Fiat and Chrysler are taking a further step toward the integration of their distribution activities in Europe.
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In News Brake: Chrysler and Fiat team up for an electric 500 for the United States, Chrysler also ponders a small unibody pickup, and Jimmie Johnson wins his first at Bristol . . . But Wait, There's More!
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Fiat's baby to get electric power in the US from 2012
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Chrysler Group said today that it plans to build an electric version of the Fiat 500 minicar for sale in the United States beginning in 2012. Full story…
Chrysler will build an electric version of the Fiat 500 minicar for sale in the United States, starting in 2012, the automaker said on Monday.
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Auburn Hills, Mich. - Chrysler Group LLC today announced its plans to engineer and produce a pure electric vehicle using the Fiat 500 platform. Shown earlier this year at the 2010 North American International Auto Show, the Fiat 500EV demonstrates the immediate benefits of the alliance between Chrysler Group and the Fiat Group as well as the speed at which the two companies can work together on advanced vehicle programs.
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Fiat S.p.A. has appointed Camillo Rossotto group treasurer in the latest management shake-up under CEO Sergio Marchionne. Starting April 1, Rossotto will replace Maurizio Francescatti who has decided to leave the company, Fiat said.
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I wonder if the rumored plan by Fiat S.p.A.
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I wonder if the rumored plan by Fiat S.p.A.
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Production of Chrysler vehicles in Brazil is under consideration, Fiat Group CEO Sergio Marchionne said during a visit to the country to open an expanded Case New Holland agricultural equipment plant.
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Fiat could discuss spinning off its auto activities when it presents a five-year strategic plan next month, CEO Sergio Marchionne has said. Such a move could unlock value for the company and cheer the market.
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Russian car maker Sollers and Fiat have offered Vnesheconombank (VEB) a 10% stake in their future car production joint venture, an industry and trade ministry source said.
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Fiat has ditched plans to build a city car at its new plant in Serbia, preferring to focus on two bigger models instead, according to a media report.
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Fiat could discuss spinning off its auto activities when it presents a five-year strategic plan next month, CEO Sergio Marchionne said. Such a move could unlock value for the company and cheer the market.
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