Mar
30th
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For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. Full story...
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Mar
30th
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For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker. Full story...
Mar
30th
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For Chrysler LLC, survival has come down to a single option: successfully working out an alliance with Fiat S.p.A. The Obama administration has given Chrysler 30 days to forge a broad product-sharing agreement with the Italian automaker. Full story...
Mar
30th
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The Obama administration's auto task force wants Fiat SpA to take a smaller initial stake in Chrysler LLC. According to people familiar to the matter, the stake could be a low as 20 percent. Full story...
Mar
30th
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Fiat shares fell on Monday after the US government warned that its planned partner Chrysler faced an uncertain future and set a deadline for an alliance. Full story...
Mar
30th
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Chrysler LLC's proposed alliance with Fiat S.p.A. could lead to production of Fiat-based models in as many as three Chrysler plants in North America. The factories in line for more work are Toluca, Mexico; Sterling Heights, Mich.; and Belvidere, Ill. Full story...
Mar
30th
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At a press briefing held at the White House today, President Barack Obama announced that his Auto Task Force had completed its evaluation of the viability of Chrysler and GM in light of their requests for federal assistance. The Obama administration also agreed to give Chrysler 30 more days to come up with an alliance plan with Fiat SpA. Full story...
Mar
30th
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Auburn Hills, Mich. , Mar 30, 2009 - Today marks an important milestone for Chrysler LLC. We are encouraged by the commitments of the Administration, U.S. Treasury and President's Auto Task Force to the American automobile industry and Chrysler's viability, with a Fiat alliance. Full story...
Mar
29th
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The boards of Chrysler LLC and Fiat SpA have given executives approval to complete an alliance deal that hinges on the terms for additional aid for the Detroit automaker, according to people with knowledge of the discussions. Full story...
Mar
29th
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The boards of Chrysler LLC and Fiat SpA have given executives approval to complete an alliance deal that hinges on the terms for additional aid for the Detroit automaker, according to people with knowledge of the discussions. Full story...
Mar
27th
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Automakers will be forced to close more factories to align car production with falling new-car sales, Fiat Group CEO Sergio Marchionne said today. Full story...
Mar
27th
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Fiat CEO Sergio Marchionne confirmed today the Italian industrial group's aim to reach a trading profit exceeding 1.0 billion euros ($1.36 billion) this year despite the crisis ravaging the car industry. Full story...
Mar
26th
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MUNICH -- Fiat's former marketing head Luca de Meo will join Volkswagen group by September, VW sources said. Full story...
Mar
25th
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Fitch Ratings cut its ratings on PSA/Peugeot-Citroen, Renault and Fiat to junk territory today, citing concerns about profitability. Full story...
Mar
25th
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Fiat Group CEO Sergio Marchionne said he is satisfied with the arguments his company made to the U.S. government regarding plans to form an alliance with Chrysler LLC. Full story...
Mar
25th
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Fiat Group CEO Sergio Marchionne is satisfied with the arguments his company made to the U.S. government regarding its plans to form an alliance Chrysler LLC. Full story...
Mar
25th
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Fiat Group CEO Sergio Marchionne said he is satisfied with the arguments his company made to the U.S. government regarding plans to form an alliance with Chrysler LLC. Full story...
Mar
25th
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Three months after saying he was gloomy about the auto industry's future because of the unprecedented changes happening at that time, Fiat Group CEO Sergio Marchionne is a bit more optimistic. "The recovery process has started. Full story...
Mar
25th
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Three months after saying he was gloomy about the auto industry's future because of the unprecedented changes happening at that time, Fiat Group CEO Sergio Marchionne is a bit more optimistic. "The recovery process has started. Full story...
Mar
25th
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Carmaker Tofas, a joint venture of Turkish conglomerate Koc Holding and Fiat, sees its 2009 revenue falling below last year's, but the company hopes to maintain the same profit level. Full story...