banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

Jul
23rd

Fiat, Tata to sell low-cost Nano in S. America

Stay connected Subscribe to our RSS feed
Fiat S.p.A. and Tata Motors Ltd. intend to sell Tata's ultra-low-cost Nano model jointly in South America, the Indian firm's chief Ratan Tata said in an interview published on Thursday. Brazil is Fiat's second-biggest market after Italy. Full story...
Jul
23rd

Fiat and Tata to sell low-cost Nano in South America

Stay connected Subscribe to our RSS feed
Fiat S.p.A. and Tata Motors Ltd. intend to sell Tata's ultra-low-cost Nano model jointly in South America, the Indian firm's chief Ratan Tata said in an interview published on Thursday. Brazil is Fiat's second-biggest market after Italy. Full story...
Jul
22nd

Marchionne sees Chrysler IPO in 30 months

Stay connected Subscribe to our RSS feed
Fiat S.p.A. and Chrysler Group CEO Sergio Marchionne said today that the U.S. automaker could be listed on a stock exchange about 30 months from now. Marchionne said Chrysler will generate "healthy profit margins" when the U.S. Full story...
Jul
22nd

Marchionne sees Chrysler going public in 30 months

Stay connected Subscribe to our RSS feed
Fiat S.p.A. and Chrysler Group CEO Sergio Marchionne said today that the U.S. automaker could be listed on a stock exchange about 30 months from now. Marchionne said Chrysler will generate "healthy profit margins" when the U.S. Full story...
Jul
22nd

Fiat posts trading profit, aided by scrappage plans

Stay connected Subscribe to our RSS feed
Fiat S.p.A., which owns 20 percent of Chrysler Group, posted a second-quarter trading profit, helped by tax breaks for drivers trading in older, polluting cars. Full story...
Jul
22nd

Fiat reports second-quarter trading profit, cuts debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A beat expectations for second-quarter trading profit on Wednesday, helped by tax breaks for drivers trading in older, polluting cars, but its efforts to cut debt disappointed and shares slipped. Full story...
Jul
22nd

Fiat posts 2nd-quarter trading profit, reduces debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A. beat the average forecast with a second-quarter trading profit of 310 million euros ($440 million), and said it cut net industrial debt to 5.7 billion from 6.6 billion in the period. Full story...
Jul
22nd

Fiat makes second-half profit, reduces debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A. beat the average forecast with a second-quarter trading profit of 310 million euros ($440 million), and said it cut net industrial debt to 5.7 billion from 6.6 billion in the period. Full story...
Jul
22nd

Fiat reports second-half profit, cuts debt

Stay connected Subscribe to our RSS feed
Fiat S.p.A. beat the average forecast with a second-quarter trading profit of 310 million euros ($440 million), and said it cut net industrial debt to 5.7 billion from 6.6 billion in the period. Full story...
Jul
22nd

ITALY: Fiat ‘close to break-even’ in Q2

Stay connected Subscribe to our RSS feed
Fiat Group has announced that it reported a net loss for the second quarter of EUR179m, but said that the result was at nearly break-even if unusual items are excluded (mainly restructuring costs). Full story...
Jul
21st

UK: Fiat expected to return to profit

Stay connected Subscribe to our RSS feed
Fiat Group is widely expected by analysts to announce a return to trading profitability when its second quarter results are issued tomorrow (Wednesday, July 22). Full story...
Jul
20th

INDIA: Fiat India Autos raises $510m loan

Stay connected Subscribe to our RSS feed
Fiat India Automobiles, a joint venture between Fiat and Tata Motors has raised a loan worth $510m, a Citigroup India spokesman said on Monday. Full story...
Jul
19th

Fiat to edge back to profit in Q2, debt still weighs

Stay connected Subscribe to our RSS feed
Fiat, the Italian carmaker that now controls Chrysler group, is forecast to have returned to profit in the second quarter when car sales benefited from tax breaks. Full story...
Jul
17th

Fiat-Chrysler: A match made for enthusiasts:

Stay connected Subscribe to our RSS feed
The Fiat-Chrysler marriage means big love for auto enthusiasts in the United States. Here's a quick rundown on some of the Fiat hardware we got a chance to sample during a recent visit to the company's headquarters and test track in Italy. Full story...
Jul
16th

Chrysler names 7 product-development leaders

Stay connected Subscribe to our RSS feed
Chrysler Group, remaking itself under its new Italian owner Fiat, has appointed seven executives to steer product development. Full story...
Jul
15th

BRAZIL: Fiat launches first compact crew cab pickup

Stay connected Subscribe to our RSS feed
Fiat created Brazil's first compact pickup truck in 1978, presenting it at the São Paulo Auto Show as 147 pickup (based on the Italian 127 hatchback). The development of the segment was quite slow initially and it took four years for a direct competitor to arrive, the VW Gol-derived Saveiro. Full story...
Jul
15th

Fiat 500C – has a new fan in the form of another supermodel, Elle Macpherson

Stay connected Subscribe to our RSS feed
Elle, who already drives a 500 hatchback, asked Fiat Group Automobiles UK if she could try a 500C - the convertible version of Fiat's popular supermini - and promptly fell in love with the one that was loaned to her. Full story...
Jul
14th

Fiat will bid for Bertone’s dormant contract manufacturing unit:

Stay connected Subscribe to our RSS feed
Fiat S.p.A. confirmed it will make a non-binding offer to buy struggling Italian contract manufacturer Carrozzeria Bertone S.p.A. Full story...
Jul
14th

Fiat will bid for dormant coachbuilder Bertone

Stay connected Subscribe to our RSS feed
Fiat S.p.A. confirmed it will make a non-binding offer to buy struggling Italian contract manufacturer Carrozzeria Bertone S.p.A. Fiat's offer is one of five for the dormant coachbuilder. Full story...
Jul
14th

Fiat will bid for Bertone’s dormant contract manufacturing unit

Stay connected Subscribe to our RSS feed
Fiat S.p.A. confirmed it will make a non-binding offer to buy struggling Italian contract manufacturer Carrozzeria Bertone S.p.A. Fiat's offer is one of five for the dormant coachbuilder. Full story...
Hosted by CifTech Hosting.