Jan
26th
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Fiat S.p.A. CEO Sergio Marchionne appears content to keep Americans in charge at Chrysler LLC. Full story...
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The latest auto news, reviews, prices, product and vehicle releases. Auto News 5
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Jan
26th
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The biggest obstacle to a Chrysler-Fiat alliance may be finding the cash to finance a potential surge of product sharing. Analysts say a strategic partnership of Chrysler LLC and Fiat S.p.A. Full story...
Jan
26th
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Chrysler LLC and Fiat S.p.A. will bring seven new vehicles to North America under their alliance and#x2014; four with Chrysler brands and three as Fiats or Alfa Romeos. Full story...
Jan
23rd
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Fiat's chief executive has insisted he does not want to run Chrysler should a proposed alliance between the two automakers proceed. Full story...
Jan
23rd
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A US senator has told the new president Chrysler should repay the recent federal loan it received recently if Fiat takes a majority stake Full story...
Jan
22nd
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A Democratic senator today urged President Barack Obama to require Chrysler LLC to repay the federal bailout money it received if Italy's Fiat SpA should take a controlling stake in it. Sen. Full story...
Jan
22nd
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Standard and Poor's today placed ratings of Fiat SpA and its North American unit CNH Global NV on review for a possible downgrade, citing the group's growing debt burden, shrinking liquidity position and the troubled outlook for the car sector. Full story...
Jan
22nd
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Fiat Group CEO Sergio Marchionne said today he has "absolutely no intention" to run Chrysler LLC if the two companies complete a proposed partnership. Full story...
Jan
22nd
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Fiat has cut its 2009 earnings forecast and said it won't pay a dividend after Q4 profit plunged as the recession hit its sales. Full story...
Jan
22nd
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Fiat has put some 800 workers at its main Brazilian plant on leave for 10 days to cut output and reduce growing inventory. Full story...
Jan
22nd
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Former Fiat executive Luca De Meo's planned move to a top marketing job at Volkswagen group could be delayed by a non-compete clause, industry sources said. Full story...
Jan
22nd
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Italy's Fiat SpA, poised to take a 35 percent stake in Chrysler LLC, slashed its profit outlook for 2009 by about a third and revealed a debt pile three times its own forecasts, sending shares in Europe's sixth-biggest automaker nearly 12 percent... Full story...
Jan
22nd
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Fiat will decide on taking another 20% of Chrysler for $25m within a year. Full story...
Jan
22nd
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Fiat's founding family is considering a capital increase of about EUR2bn (US$2.58bn) and a possible merger with PSA Peugeot Citroen, an Italian paper has reported. Full story...
Jan
22nd
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Chrysler's proposed tie-up with Fiat depends on the American firm automaker receiving an extra $3bn emergency loan from the US government, a senior executive has said. Full story...
Jan
22nd
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Fiat Group expects to remain profitable in 2009 despite a big slump in new-car sales caused by the global economic downturn. Full story...
Jan
22nd
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Fiat Group reduced its profit outlook for 2009 by about a third and revealed a debt pile higher than its own forecasts, sending the company's shares nearly 12 percent lower. Full story...
Jan
22nd
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PSA/Peugeot Citroen's shares rose Thursday morning on reports that Fiat's founding family is weighing a capital increase ahead of a possible merger between the two companies. Fiat said the report about the capital hike was groundless. Full story...
Jan
22nd
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Chrysler LLC and Fiat S.p.A. design executives will begin meeting this week to determine the North American portfolio created by their new alliance. Full story...
Jan
21st
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As Chrysler LLC and Fiat Group pursue a global partnership, the automakers are walking a fine line in the U.S. capital. Chrysler needs federal loans to keep operating, company officials say. But giving U.S. Full story...