Fiat will this year equip its trademark 500 model with a new, superclean fuel engine as it steps up emission reductions to remain among Europe's most eco-friendly car producers, its brand head Lorenzo Sistino said on Tuesday.
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The removal of government economic stimuli in Europe could stoke a drop of as much as 16 percent in vehicle sales in the region this year, Fiat CEO Sergio Marchionne said on Tuesday.
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Alfa Romeo's new Guilietta, unveiled in Geneva today, is a far more significant car than it might appear. Not only has it got to appeal to a wider buying public as beleaguered Alfa tries to rebuild its European sales, it also forms the basis of what Fiat hopes will be a 1m units a year Chrysler-Fiat-Alfa range of cars.
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Italy's Fiat S.p.A. unveils the Alfa Romeo Giulietta at this week's Geneva auto show, and while analysts do not believe the brand is under threat, they say the new hatchback is a test of its revival.
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In a bid to improve its lineup before a fleet of new Fiat-based vehicles arrives in 2012, Chrysler Group is rushing new features and equipment into 15 reworked vehicles.
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Toyota showed an impressive reduction in its fleet's average carbon dioxide emissions in 2009 and now trails No. 1 Fiat by a small margin in the race to be Europe's greenest brand. Toyota slashed its average CO2 emissions to 130.
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The new two-cylinder engine family made by FPT - Fiat Powertrain Technologies called TWIN-AIR will be making its debut at the Geneva Motor Show. This is a brand-new concept on the worldwide auto scene and confirms the leadership of the Fiat Group in this field.
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Punto Evo and 500C become latest Fiat models to get the Abarth treatment
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Abarth is presenting a number of important new products at Geneva in response to intense public interest, and to confirm the Fiat Group's investment in Abarth.
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Turkish automaker Tofas beat forecasts with a 105 percent rise in 2009 net profit to 360 million lira ($239 million) on sales up 6 percent to 5.10 billion ($3.34 billion.) Tofas had been forecast to make a 293 million lira ($192.2 million) profit.
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A Fiat joint venture plant in Russia will build 150,000 Jeeps a year, says the venture's Russian partner. But Fiat and Chrysler aren't commenting. On Feb. 11, Fiat S.p.A.
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Further financial details have emerged from Italy concerning proposals to save the threatened Fiat group Lancis Ypsilon assembly plant at Termini Imerese in Sicily. According to a spokesman for union conglomerate Fiom-Cgil, Sicilian authorities and the Italian government have put forward a possible rescue package totalling EUR450m (US$610m) although nothing has been definitively decided.
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Italy is prepared to invest EUR450m (US$614m) to convert Fiat's Termini Imerese car plant in Sicily, industry minister Claudio Scajola has said.
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Italy is prepared to invest 450 million euros ($614.3 million) to convert Fiat SpA's Termini Imerese auto plant in Sicily, Industry Minister Claudio Scajola said on Wednesday.
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Fiat is taking engine downsizing to a new level with the introduction of its new 900cc, two-cylinder TwinAir unit.
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Fiat Group directors met in Turin today and approved the consolidated financial statements which confirmed trading profit of EUR1,058m and a net loss of EUR848m as announced on 25 January 2010. A dividend of EUR0.17 a share was also approved.
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Fiat's on-again, off-again plan to return Alfa Romeo to the United States is on again, this time with a target date of 2012.
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Fiat S.p.A.'s on-again, off-again plan to return Alfa Romeo to the United States is on again, this time with a target date of 2012.
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Fiat has signed Russia's biggest ever car joint venture deal with domestic producer Sollers, pledging up to EUR210m (US$289.6m) in intellectual property and committing to boost production to 500,000 cars a year, while Daimler is becoming more involved with truckmaker Kamaz.
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