Fiat S.p.A gave assurances it would not cut jobs nor close plants when the government approved incentives to buy cars, Italy's Industry Minister was quoted as saying on Saturday.
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Fiat S.p.A gave assurances it would not cut jobs nor close plants when the government approved incentives to buy cars, Italy's Industry Minister was quoted as saying on Saturday.
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Fiat will present its plan for the Opel European operations of General Motors on May 20, the deadline set by Germany, the Italian car maker's chief executive officer, Sergio Marchionne, said on Friday. "The plan is ready.
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TURIN, Italy, May 15 (Reuters) - Fiat will present its plan for the Opel European operations of General Motors on May 20, the deadline set by Germany, the Italian car maker's chief executive officer, Sergio Marchionne, said on Friday.
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Fiat will present its plan for the Opel European operations of General Motors on May 20, the deadline set by Germany, the Italian car maker's chief executive officer, Sergio Marchionne, said on Friday. "The plan is ready.
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Fiat S.p.A, Magna International and private equity firm RHJ have had access to the books of General Motors German unit Opel, two people familiar with the situation told Reuters on Friday.
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Chrysler LLC plans to transfer at least 92 percent of its supplier contracts to the new company to emerge from bankruptcy in an alliance with Fiat S.p.A. and pay them a total of more than $875 million, according to documents released today.
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Chrysler LLC plans to transfer at least 92 percent of its supplier contracts to the new company to emerge from bankruptcy and pay them a total of more than $875 million, according to documents released today.
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Chrysler's planned alliance with Fiat passed another hurdle after the US Federal Trade Commission ruled there were no competitive issues.
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Germany's hunt for a partner for General Motors' Opel unit has boiled down to two rival groups and the government wants both Fiat and Magna International to present a full plan within a week.
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Germany's hunt for a partner for General Motors' Opel unit has boiled down to two rival groups and the government wants both Fiat and Magna International to present a full plan within a week.
Full story...
Germany's hunt for a partner for General Motors' Opel unit has boiled down to two rival groups and the government wants both Fiat and Magna International to present a full plan within a week.
Full story...
Workers at Fiat's Termini Imerese plant in Sicily stopped work and blocked a road on Thursday. They are upset following reports that the facility would be closed under plans to create the world's second-largest carmaker.
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Chrysler LLC's planned alliance with Italy's Fiat S.p.A. poses no competitive issues, the U.S. Federal Trade Commission said today.
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Chrysler LLC plans to transfer health benefits for its 19,000 non-union retirees and their spouses to a new company led by Fiat S.p.A., a lawyer for the retirees said today. The benefits have cost the company $7.
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Staff at Fiat's Termini Imerese plant in Sicily stopped work and blocked a road on Thursday in protest at reports the factory would close if the automaker merged with Chrysler and General Motors Europe to create the world's second-biggest carmaker.
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Fiat, Hyundai and Dacia had sales increases in April thanks largely to government subsidies that reward people who buy inexpensive subcompact and compact cars. "Because of scrappage schemes, many people are rushing to buy affordable cars.
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Fiat, Hyundai and Dacia had sales increases in April thanks largely to government subsidies that reward people who buy inexpensive subcompact and compact cars. "Because of scrappage schemes, many people are rushing to buy affordable cars.
Full story...
Fiat, Hyundai and Dacia had sales increases in April thanks largely to government subsidies that reward people who buy inexpensive subcompact and compact cars. "Because of scrappage schemes, many people are rushing to buy affordable cars.
Full story...
Germany's hunt for a partner for General Motors' Opel unit has boiled down to two rival groups and the government wants both Fiat and Magna International to present a full plan within a week.
Full story...
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