Fiat is eyeing a 10% European market share despite unfavourable market conditions, chairman Luca Cordero di Montezemolo said on Tuesday.
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A pedestrian Fiat in the hallowed halls of the Ferrari museum in Maranello? Some Tifosi would cry blasphemy. But not this summer, when a group of Italian museums plays host to an exhibition detailing 110 years of that countrys iconic automobiles.
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Italian automotive suppliers to Fiat S.p.A. could look to set up shop in the Detroit area following the formation of Chrysler Group LLC, the Chrysler-Fiat alliance spawned from Chrysler's bankruptcy.
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Italian automotive suppliers to Fiat S.p.A. could look to set up shop in the Detroit area following the formation of Chrysler Group LLC, the Chrysler-Fiat alliance spawned from Chrysler's bankruptcy.
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Just a year after the celebrations for the Centenary and as ever a synonym of refined technologies and high performance engines, Alfa Romeo announces the marketing from September of the Alfa Romeo MiTo with 1.4 Turbo petrol MultiAir engines, the revolutionary technology developed and patented by FPT - Fiat Powertrain Technologies.
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Turin, Italy - Fiat was born in 1899 on Corso Dante, in Turin. It ranks today among the top European manufacturers and its recent alliance with Chrysler will make it one of the premier automotive groups in the world.
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"Welcome to your new family, Mr. Marchionne." Beginning with those words, former Chrysler CEO Lee Iacocca and the rest of the National Chrysler Retirement Organization greeted Sergio Marchionne, CEO of Italy's Fiat S.p.A., today in a letter.
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The Italian government is to hold talks with Fiat management and unions on 18 June following its acquisition of Chrysler assets, industry minister Claudio Scajola said.
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The Fiat-Chrysler alliance yields little potential strategic benefit for the Fiat Group, according to an equities analyst who spoke to just-auto today.
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After formalising its alliance with Fiat, Chrysler has announced a new "leaner, flatter" organisational structure "intended to restore brand promise and dealer confidence".
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When Italy's Fiat S.p.A. closed its deal with Chrysler today, the U.S. automaker again fell under European ownership after almost two years of control by private equity firm Cerberus Capital Management LP.
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A new Chrysler, culled from the best assets of the old company and led by Fiat, became a reality Wednesday.
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The White House today welcomed the completion of Italian carmaker Fiat S.p.A.'s takeover of Chrysler and said the new alliance was "poised to emerge as a competitive, viable automaker."
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Sergio Marchionne, the Fiat CEO who heads the reborn Chrysler Group LLC, appointed a new management team that retains former President Jim Press and created a brand organization that mimics Fiat's.
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Sergio Marchionne, the Fiat CEO who heads the reborn Chrysler Group LLC, appointed a new management team that retains former President Jim Press and created a brand organization that mimics Fiat's.
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I am pleased to report that we have closed the alliance agreement between Chrysler Group LLC and Fiat S.p.A. and have emerged from bankruptcy in record time.
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I am pleased to report that we have closed the alliance agreement between Chrysler Group LLC and Fiat S.p.A. and have emerged from bankruptcy in record time.
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Fiat S.p.A. closed its takeover of Chrysler today, sealing the deal on Fiat's ambitious move to create a growing global player amid one of the worst crises in the auto industry's history.
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Chrysler LLC completed the sale of its strongest assets to a group led by Fiat S.p.A. today, reviving the 84-year-old automaker after it was down to its last dollars and facing liquidation late last year.
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Fiat has officially taken over Chrysler after a last-minute challenge by a pension fund was brushed aside by the Supreme Court. As expected, Fiat CEO Segio Marchionne has been named CEO of Chrysler Group and Robert Kidder chairman.
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