Fiat could move production of the Panda, Europe's best-selling minicar, to Italy from Poland starting in 2011.
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Fiat is meeting with the Italian government today with an offer to increase car production in the country by 50% in return for tax breaks on some car sales and help in cutting labour costs.
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Shares in automaker Tofas, owned by Fiat and Koc Holding, rose as much as 5% in Monday trading after its chief executive was cited as saying it had received a record export orders for next year.
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Fiat has completed its purchase of a majority stake in Serbian carmaker Zastava Automobili following an agreement reached over a year ago.
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Serbia and Fiat have agreed on the completion of Fiat's purchase of a majority stake in the country's biggest carmaker, Zastava Automobili.
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Chrysler Group will build its first Fiat-derived four-cylinder engine for North America at a factory in Dundee, Mich. The engine will power the Fiat 500 minicar, to be made in Mexico for sale at some U.S. Chrysler dealerships before the end of 2010.
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Fiat's decision to stop Lancia production at its factory in Termini Imerese, Sicily, in 2011 has led to wild speculation that India's Tata Motors or Mahindra and Mahindra or China's Chery Automobile could buy the plant.
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Chrysler Group will invest US$179m to launch production of a 1.4-litre Fiat engine for the North American market 500 at the company's Global Engine Manufacturing Alliance (GEMA) plant in Michigan, it announced on Thursday afternoon.
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Tata Motors and Mahindra & Mahindra have shown interest in taking over Fiat's factory in Termini Imerese, Italy, according to Indian newspaper Business Standard.
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Tata Motors and Mahindra and Mahindra have shown interest in taking over Fiat's factory in Termini Imerese, Italy, a newspaper said, Fiat has said the plant wil halt Lancia Ypsilon production by 2011 to be replaced by some other output which has not...
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Chrysler Group will build its first Fiat-derived four-cylinder engine for North America at a Michigan factory. CEO Sergio Marchionne disclosed the plans today for Fiat's 1.4-liter and#8220;fully integrated robotized engine,and#8221; or FIRE.
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Chrysler Group will build its first Fiat-derived four-cylinder engine for the North American market at a factory in Dundee, Michigan. Chrysler CEO Sergio Marchionne will formally disclose U.S. manufacturing plans Thursday for Fiat's 1.
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Tata Motors and Mahindra and Mahindra have shown interest in taking over Fiat's factory in Termini Imerese, Italy, a newspaper said, Fiat has said the plant wil halt Lancia Ypsilon production by 2011 to be replaced by some other output which has not...
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Despite recent analyst speculation, Alfa Romeo is not for sale, and the United States offers the luxury brand 'very important opportunities,' said Fiat S.p.A. Chairman Luca di Montezemolo.
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Despite recent analyst speculation, Alfa Romeo is not for sale, and the United States offers the luxury brand 'very important opportunities,' said Fiat S.p.A. Chairman Luca di Montezemolo.
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Despite recent analyst speculation, Alfa Romeo is not for sale, and the United States offers the luxury brand 'very important opportunities,' said Fiat S.p.A. Chairman Luca di Montezemolo.
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Though the US Supreme Court on Monday refused to consider an appeal that challenged the sale of Chrysler LLC to a Fiat-led group, critics of the deal reportedly found one bright spot in the court's order.
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Alfa Romeo is not for sale, Fiat Chairman Luca di Montezemolo said after a recent analyst report suggested the money-losing brand could be bought by Volkswagen. Alfa is undergoing a strategic review which could freeze new investments.
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Alfa Romeo is not for sale, Fiat Chairman Luca di Montezemolo said after a recent analyst report suggested the money-losing brand could be bought by Volkswagen. Alfa is undergoing a strategic review which could freeze new investments.
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Fiat has no need to find an Asian partner, chairman Luca di Montezemolo said. Fiat's deal with Chrysler is also aimed at Eastern markets, he said, adding "we will go into China with the Jeep."
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