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 !

Feb
15th

ITALY: FIOM holds out as Termini Imerese deal imminent

Stay connected Subscribe to our RSS feed
Italian government ministers remain confident they will receive the backing of all unions to sign a deal tomorrow [16 February] in Rome concerning the future strategy for Fiat's Termini Imerese plant in Sicily. Full story...
Feb
15th

COMMENT: American orientation key to future Fiat

Stay connected Subscribe to our RSS feed
British Prime Minister David Cameron recently quipped publicly that if the Queen asked him to a party he'd say yes, but if the Italian Prime Minister asked him to a party it might be safer to say no. Full story...
Feb
14th

ITALY: Fiat union sceptical on government Termini Imerese plans

Stay connected Subscribe to our RSS feed
An Italian union is calling for any replacement work at Fiat's Termini Imerese plant in Sicily to concentrate totally on automobile production. Full story...
Feb
14th

Chrysler helps Fiat’s Lancia launch a product push in Geneva:

Stay connected Subscribe to our RSS feed
Fiat S.p.A.'s upscale Lancia brand has released pictures of a new Ypsilon and four Chrysler-based vehicles it plans to debut at the Geneva auto show next month. Full story...
Feb
14th

COMMENT: Politicians mull Fiat position

Stay connected Subscribe to our RSS feed
What it must have been to be a fly on the wall at this weekend's (12 February) pow-wow between the Italian government and Fiat boss Sergio Marchionne Full story...
Feb
14th

ITALY: Fiat leaves open potential merged company location

Stay connected Subscribe to our RSS feed
Fiat has confirmed it will continue with its EUR20bn (US$27bn) invesment in upgrading Italian plants, although the manufacturer has left open the question of where any future merged company with Chrysler could be based. Full story...
Feb
12th

Marchionne confirms Fiat pledge to invest $27 billion in Italy

Stay connected Subscribe to our RSS feed
Fiat CEO Sergio Marchionne confirmed the Italian carmaker's pledge to spend $27billion revamping its domestic plants after meeting with Prime Minister Silvio Berlusconi. Full story...
Feb
12th

Marchionne confirms Fiat pledge to invest in Italy

Stay connected Subscribe to our RSS feed
Fiat CEO Sergio Marchionne confirmed the carmaker's pledge to spend 20 billion euros revamping its domestic plants after meeting with Prime Minister Silvio Berlusconi. Full story...
Feb
12th

Marchionne confirms Fiat pledge to invest 20 billion euros in Italy

Stay connected Subscribe to our RSS feed
Fiat CEO Sergio Marchionne confirmed the Italian carmaker's pledge to spend 20 billion euros revamping its domestic plants after meeting with Prime Minister Silvio Berlusconi. Full story...
Feb
11th

Fiat, GM to control Italian engine maker VM after Penske sells stake

Stay connected Subscribe to our RSS feed
Fiat's Powertrain unit has bought 50 percent of Italy-based diesel engine manufacturer VM Motori from U.S. group Penske Corp., thereby adding a newly developed V-6 engine to its portfolio. Full story...
Feb
11th

COMMENT: Rome calls Fiat boss

Stay connected Subscribe to our RSS feed
It's a fair bet that Sergio Marchionne cannot be best pleased at having his weekend disrupted by being called to Rome tomorrow Full story...
Feb
11th

ITALY: Job fears prompt government Marchionne summons to Rome

Stay connected Subscribe to our RSS feed
Fiat CEO Sergio Marchionne's summons to the heart of the Italian government tomorrow (12 February) has been prompted by job loss fears should the automaker decide to move its headquarters to the US. Full story...
Feb
11th

Marchionne summoned by Berlusconi to defend Fiat’s plans with Chrysler

Stay connected Subscribe to our RSS feed
Fiat CEO Sergio Marchionne will meet with Silvio Berlusconi Friday to discuss the status of Fiat's Italian investment plan to revamp five Italian car plants after the signing of a deal with labor unions and Marchionne's comments that Fiat and... Full story...
Feb
11th

Marchionne summoned by Berlusconi to defend Fiat’s plans

Stay connected Subscribe to our RSS feed
Fiat CEO Sergio Marchionne was meeting with Italian Prime Minister Silvio Berlusconi to discuss the status of Fiat's Italian investment plan to revamp five Italian car plants after the signing of a deal with labor unions and Marchionne's comments... Full story...
Feb
10th

US: Brazilian currency worries Chrysler/Fiat chief

Stay connected Subscribe to our RSS feed
Chrysler Group is closely tracking currency exchange rates in Brazil, where the increasing strength of the Brazilian real has put pressure on its growth plans in the region, CEO Sergio Marchionne said. Full story...
Feb
10th

BELGIUM: EU noses in as FPT builds milestone Polish engine

Stay connected Subscribe to our RSS feed
European Union antitrust regulators opened on Wednesday an investigation into aid given by Polish authorities to a project by Italy's Fiat to make engines, saying this may have breached EU state aid rules. Full story...
Feb
10th

ITALY: FIM happy to avoid Fiat-government meeting

Stay connected Subscribe to our RSS feed
A moderate Fiat union is maintaining it would prefer to discuss future strategy directly with the automaker next week rather than at this weekend's high-powered government meeting it has branded as "political" and "only for appearance." Full story...
Feb
10th

Toyota plans Russia JV with Fiat partner Sollers, report says

Stay connected Subscribe to our RSS feed
Toyota plans to expand operations in Russia, partnering with local automaker Sollers to help build Toyota-brand cars in the country. In December, Sollers announced a joint venture to build up to 500,00 Fiat and Chrysler vehicles a year in Russia. Full story...
Feb
9th

Marchionne says he must be open about Chrysler-Fiat governance

Stay connected Subscribe to our RSS feed
Sergio Marchionne, the CEO of Chrysler and Fiat, says he must be open about corporate governance matters between the two companies. Full story...
Feb
9th

COMMENT: Fiat unions unite against political move

Stay connected Subscribe to our RSS feed
Fiat boss Sergio Marchionne seems to have tossed something of a hand grenade into the already combustible world that is Italy's relationship with Fiat. Full story...
Hosted by CifTech Hosting.