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May
4th

Fiat seeks to control GM Europe without taking on new debt

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Fiat S.p.A. plans to take control of General Motors Europe without absorbing new debt, German Economy Minister Karl-Theodor zu Guttenberg said today, following talks with Fiat CEO Sergio Marchionne. Full story...
May
4th

Fiat needs 5-7B euros state aid to gain control of GM Europe

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Fiat CEO Sergio Marchionne has outlined an "interesting" plan to create Europe's biggest carmaker but will need 5-7 billion euros in financial support from governments, Germany's economy minister said. Full story...
May
4th

Sharing platforms is the key to success for any Fiat-Opel deal

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Fiat CEO Sergio Marchionne believes he could save 1 billion euros a year from merging his operations with General Motors' European operations. Full story...
May
4th

Fiat-GM Europe tie-up would depend on sharing platforms — again

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The key to Fiat CEO Sergio Marchionne's vision of combining Fiat and GM Europe's operations is sharing platforms between and benefiting from better economies of scale. Full story...
May
4th

Fiat’s Turkish joint venture sees big Q1 profit decline

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Carmaker Tofas, a joint venture of Turkey's Koc Holding and Fiat, posted a net profit of 32.86 million lira ($20.66 million) in the first quarter, down 60 percent from a year earlier. Full story...
May
4th

Fiat’s Turkish joint venture sees steep decline in Q1 profit

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Carmaker Tofas, a joint venture of Turkey's Koc Holding and Fiat, posted a net profit of 32.86 million lira ($20.66 million) in the first quarter, down 60 percent from a year earlier. Full story...
May
4th

Fiat considers new company with Chrysler and GM Europe

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Fiat Group could combine its automobile business into a new company that would also include its Chrysler stake and General Motors' European operations. Full story...
May
4th

Job 1 for Fiat boss: Visit, learn

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If you're looking for Sergio Marchionne in the next few weeks, you might try the men's room and#x2014; at any one of Chrysler's plants, offices or technical centers in the United States. The Fiat S.p.A. Full story...
May
4th

Fiat’s Turkish joint venture sees big Q1 profit drop

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Carmaker Tofas, a joint venture of Turkey's Koc Holding and Fiat, posted a net profit of 32.86 million lira ($20.66 million) in the first quarter, down 60 percent from a year earlier. Full story...
May
4th

Fiat mulls new company with Chrysler, GM Europe

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Fiat Group could combine its automobile business into a new company that would also include its Chrysler stake and General Motors' European operations. Full story...
May
4th

Who is this FIAT, exactly?

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At the New York Auto Show, Chrysler president Jim Press drove up behind the wheel of a Fiat 500. Chrysler has since formed an alliance with Fiat. But who exactly is this "saviour" who'se trying to prevent the extinction of the last of the ex-Big Three of the auto world? Full story...
May
3rd

Fiat considers new company with Chrysler and GM Europe

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Fiat Group could combine its automobile business into a new company that would also include its new stake in Chrysler LLC and General Motors' European operations. Full story...
May
3rd

Fiat considers new company with Chrysler and GM Europe

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Fiat Group could combine its automobile business into a new company that would also include its Chrysler stake and General Motors' European operations. Full story...
May
3rd

Fiat chairman calls GM’s Opel an ‘extraordinary opportunity’

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A Fiat S.p.A. purchase of General Motors' Opel unit would be "an extraordinary opportunity" for the Italian automaker, Fiat's chairman said in an interview published Sunday. Full story...
May
3rd

Fiat chairman calls possible deal ‘an extraordinary opportunity’

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A Fiat S.p.A. purchase of General Motors' Opel unit would be "an extraordinary opportunity" for the Italian automaker, Fiat's chairman said in an interview published Sunday. Full story...
May
3rd

Germany wants long-term strategy from Opel suitors

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Economy Minister Karl-Theodor zu Guttenberg said on Sunday Italian automaker Fiat S.p.A. -- and any investor -- must present a solid long-term strategy to keep Opel plants open to obtain German government support. Full story...
May
2nd

Fiat’s Marchionne to talk Opel purchase with German officials

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Fiat CEO Sergio Marchionne, who forged an alliance with Chrysler two days ago, will meet on Monday with members of the German government to talk about an offer to buy General Motors' Opel unit. Full story...
May
2nd

Fiat’s Marchionne set to discuss Opel purchase with German officials

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Fiat CEO Sergio Marchionne, who forged an alliance with Chrysler two days ago, will meet on Monday with members of the German government to talk about an offer to buy General Motors' Opel unit. Full story...
May
1st

Chrysler plans to close 8 plants in bankruptcy

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Chrysler plans to close eight U.S. plants by December 2010, including five assembly operations, according to documents filed in U.S. Bankruptcy Court in New York. But Chrysler expects its pending alliance with Fiat S.p.A. Full story...
May
1st

Questions hound Chrysler’s overseas operations

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Chrysler LLC's fragile overseas operations are largely thrown into limbo by the carmaker's bankruptcy filing and alliance with the Italian automaker Fiat S.p.A. Full story...
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